Last week I attended the American Staffing Association Conference. There was a wonderful key note presentation by Jim Collins http://www.jimcollins.com/about-jim.html about how to successfully manage in these dynamic economic times. I found this topic very germane to dealing with today’s workers compensation environment. Between rising work comp rates in 2013, and the strong possibility of Obamacare occurring in 2014, the seas of change seem to be crashing in around the industry.
Jim pointed out how invaluable developing a strategy to sell “value” over price will separate the winners from the losers.
For many staffing companies, looking at all options for keeping back office and workers compensation rates as low as possible, will also be imperative so they can focus on selling value. Working with a PEO / Professional Employer Organization partner will invariable be the solution for some Light Industrial staffing companies that want to stay in business but have challenges in the workers compensation area.
Firms that are only willing or able to look at traditional solutions for keeping workers compensation costs in line may be victims of these monumental changes in the staffing world. Working with a generalist insurance broker may not suffice. working with a specialist like Work Comp Staffing Solutions makes all the more sense. One big takeaway that Jim emphasized is that the business world, especially the staffing world is changing quickly.
Let’s chat about your workers compensation situation before you feel the pain of higher rates or worse, policy cancellation. With our 25 years of helping staffing companies solve their workers compensation issues, we can apply that experience so you are a winner in the turbulent staffing environment.
Contact us at david@leastaff.com or 202-302 1212
David Schek
President
StaffingCompSolutions.com
American Staffing Association Member
California Staffing Association Member
Exclusive PEO Broker for the United States Staffing Association