by David Schek | Apr 1, 2013 | News, Professional Employer Organization (PEO), Workers' Compensation Insurance
I Would Hate to See The NFL’s Workers Compensation Rates After This Lawsuit……
California law allows NFL players to make a claim in California if they have played at least one game in the state. The plaintiffs argue that the arbitration award violates California and federal law and public policy by waiving their ability to seek workers comp in California, records show.
U.S. District Court Judge William H. Alsup ordered the three cases to be consolidated on March 13, court records show.
The NFL Management Council and the four NFL teams filed a counter suit on March 8 asking the court to require the players to file any workers comp claims in the state specified by their respective player contracts, records show.
The California comp lawsuits are part of several claims being made against the NFL by former players seeking compensation for injuries suffered on the field. At least 2,400 former players have sued the league over neurological and cognitive problems that they allege were caused by football-related head injuries.
Most of the concussion-related cases have been consolidated into multi district litigation in the U.S. District Court in Philadelphia. The NFL is expected to use an exclusive remedy defense in those lawsuits
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While your staffing and contract employees probably do not wear football helmets on the job, you can see that workers compensation insurance is a priority in all businesses- even in the NFL.
Call us at 202-302-1212 to discuss how how we can offer you a lower priced workers compensation insurance program using a Professional Employer Organization (PEO.) Also please visit us at www.StaffingCompSolutions.com. Finally, given the complexity of these legal claims, perhaps the NFL owners are wishing they had used a PEO as a human resource and workers compensation partner!
All the best
David Schek
President
StaffingCompSolutions.com
American Staffing Association Member
California Staffing Association Member
Exclusive PEO Broker for the United States Staffing Association
by David Schek | Feb 6, 2013 | Healthcare Insurance, News, Professional Employer Organization (PEO)
Here is a good link dealing with Obamacare distributed by HHS. I have to admit as a staffing owner / consultant for 25 years, I have to shake my head in disbelief about how complicated and cumbersome this new government program seems like it will be for our industry.
http://www.dol.gov/ebsa/pdf/faq-aca11.pdf?utm_source=All+Members&utm_campaign=aa1d38b4c4-FAQs+About+Affordable+Care+Act+Implementation&utm_medium=email
Accepting the fact that it will be a financial burden on most staffing companies, the amount of back office administration for employers has probably doubled as a result of this new program.
I encourage all staffing company owners to review these changes with their accountants and determine whether your current back office structure is adequately prepared to manage this new program and the financial risks associated with its’ new taxes and penalties.
Call me today. I will be glad to introduce you to a Professional Employer Organization (PEO) or Employer of Record Service (EOR) that can facilitate a cost effective solution to dealing with Obamacare.
All the best
David Schek
President
StaffingCompSolutions.com
American Staffing Association Member
California Staffing Association Member
Exclusive PEO Broker for the United States Staffing Association
by David Schek | Jan 31, 2013 | Healthcare Insurance, News
I have been listening to many staffing company owners as they consider ways to minimize their health care (Obamacare ) tax exposure. While the final rules are yet to be written, the Internal Revenue Service (IRS) is already putting out warnings about employers who try to illegally minimize their employee count to save money– either by using a staffing company or by other means.
Here is a good article which discusses this issue. It is a MUST read for all staffing company owners since tax liability for mismanaging Obamacare could be huge.
http://www.thenewamerican.com/usnews/health-care/item/14222-irs-to-employers-there%E2%80%99s-no-escaping-obamacare
Please feel free to contact me to discuss your Obamacare healthcare strategies as well as your workers compensation issues. Utilizing a PEO is a great way to work with an expert human resource partner to legitimately minimize your tax exposure.
All the best
David Schek
President
StaffingCompSolutions.com
American Staffing Association Member
California Staffing Association Member
Exclusive PEO Broker for the United States Staffing Association
by David Schek | Jan 7, 2013 | News, Staffing Company, Workers Comp, Workers' Compensation Insurance
There are 2 main reasons that workers compensation rates will continue to head north in 2013. First is the tightening of underwriting standards for most labor intensive industries– especially staffing and construction. From 2001-2009 workers compensation rates were kept low because of loose underwriting standards by many carriers. After 2009 the insurance industry realized that their underwriting requirements were far too lax, and their insured risk portfolio generated inferior rates of return on their investment in workers compensation programs.
Second, the insurance industry is not able to make the kind of returns in the stock and other investment markets as they had in the years leading up to the Recession. Now they must be able to make money on each account rather than use the premium as investment monies for the investment markets. This is forcing up premiums as well as making the process of securing work compensation for higher risk industries (staffing and construction) more difficult. The net result is that more high risk companies in staffing and construction are being forced to the State Pools (and payng much higher rates) for their insurance.
An effective alternative can be utilizing a Professional Employers Organization (PEO’s) as your payroll and workers compensation provider. A PEO will spread your risk over their diverse portfolio of clients, which often results in lower rates for you.
Call us at 202-302-1212 to discuss this option and receive a quote.
All the best
David Schek
President
StaffingCompSolutions.com
American Staffing Association Member
California Staffing Association Member
Exclusive PEO Broker for the United States Staffing Association
by David Schek | Dec 18, 2012 | News, Workers Comp, Workers' Compensation Insurance
As our special gift to you this holiday season, we will give you $100 when we generate a FREE workers compensation quote for you by December 31, 2012.
Just our way of trying to save as many staffing companies workers compensation expense in 2013.
Finally here is a link to a VERY funny short workers compensation report submitted by a “determined” bricklayer in Australia.
http://haveagiggle.com/true-funny-stories/australian-workers-compensation-clame/
Have a safe holiday
David
David Schek
President
StaffingCompSolutions.com
American Staffing Association Member
California Staffing Association Member
Exclusive PEO Broker for the United States Staffing Association
by David Schek | Nov 27, 2012 | Healthcare Insurance, News, Professional Employer Organization (PEO), Staffing Company, Workers Comp, Workers' Compensation Insurance
Another Good Reason To Consider Partnering with a PEO
Successful staffing company owners have always been able to adjust their business models to continue to make a profit. With the new Healthcare laws starting in earnest in 12 months, our industry will have a new set of challenges and opportunities!
The article below from Staffing Industry Review discusses these challenges and opportunities and is well worth a read.
http://www.staffingindustry.com/Research-Publications/Publications/Staffing-Industry-Review/September-2012/2014
In terms of workers compensation costs, it is quite possible that long term costs will be going down because workers will not be using the workers compensation system to take care of basic health needs which happens now to some degree. Also as workers become healthier and more knowledgeable about ways to maintain good health, workers compensation accidents should become less frequent.
A second positive trend resulting from the new law is an opportunity for you to become your clients “expert” on these new healthcare laws so that everyone’s labor costs are kept to minimum. To be sure, there will be a level of complexity to these regulations that is unprecedented; but with a Professional Employer Organization (PEO) as your human resource – payroll and work comp partner, you will be able to help your clients better understand the new healthcare laws.
Please feel free to contact us for a workers compensation quote today and to find out about how Professional Employer Organizations (PEO’s) can improve your profits.
Happy Holidays.
David Schek
President
StaffingCompSolutions.com
American Staffing Association Member
California Staffing Association Member
Exclusive PEO Broker for the United States Staffing Association
