What Does The Coronavirus Mean To Your Employees, and the Implications For Your Work Comp Policy?

As we are all trying our best to manage the impact of this “black swan” event on our industry, I came across a very good short article about work comp and the impact of the Coronavirus. This article also discusses the virus’s impact on your G/L policy as well.

https://www.natlawreview.com/article/coronavirus-factors-insurance-industry-to-consider-part-3-liability-and-workers

If you are like us at Work Comp Staffing Solutions, we are keeping our ears to the ground and reading as much new information on a daily basis as possible about the impact this virus is having on the US in general, and our industry specifically.

Finally, if you are a member of the American Staffing Association (which we highly recommend,) it has developed some excellent web casts about how best to manage your staffing organization with respect to the virus.

Please visit our web site at www.StaffingCompSolutions.com, call us at 202-302-1212, or email us at david@StaffingCompSolutions.com for more information about the virus, or if you would like to chat about all our staffing and workers’ comp program offerings.

All the best

David Schek
President
StaffingCompSolutions.com

Have You Heard The One About The Crazy Work Comp Claim?

While no one likes to see employees get hurt on the job, sometimes workers comp claims can make you chuckle a little as to how unpredictable life can be. Below is a link to a few stories about some very odd, yet humorous and true, work comp claims.

https://secureservercdn.net/198.71.233.138/u3u.f39.myftpupload.com/wp-content/uploads/2020/02/Crazy-Claims-Edition_2019.pdf

Before any of these situations happen to your employees, please visit our web site at www.StaffingCompSolutions.com, call us at 202-302-1212, or email us at david@StaffingCompSolutions.com for more

All the best

David Schek
President
StaffingCompSolutions.com

 

 

 

 

Why Are Work Comp Rates Higher For Staffing Firms Than Non Staffing Firms?

OSHA published a report recently that answers this question. Simply put, temporary workers  have a higher overall injury rate than permanent workers in the same occupations.

The differences in injury rates for temporary and permanent workers were most pronounced in 3 industries-agriculture, construction, and transportation. The main causes of  injuries included contact with objects and equipment, and exposure to harmful substances or environments.

Also the report found that temporary workers who became injured were younger and had less time in their jobs, (sometimes less than a year,) than permanent workers. Interestingly, temporary workers had higher injury rates, but lower lost-time and medical costs. Injured temporary workers also were more likely to be male.

Work Comp Staffing Solutions has many innovative work comp programs to address high work comp rates since we have exclusively specialized in work comp insurance for staffing firms for nearly 50 years. Please contact us at david@StaffingCompSolutions.com. Or visit us at www.StaffingCompSolutions.com or please feel free to call us any time at 202-302-1212.

All the best
David
President
StaffingCompSolutions.com

 

Industries With The Most Work Comp Accidents

We are often asked what industries have the largest workers compensation risks.  Below is a list that we have work comp programs for, but are usually harder to find coverage for because of their higher risk profiles.  In fact, transportation has the most fatalities while nursing home care has the most comp accidents. This information is based on the Department of Labor’s Bureau of Labor Statistics.

  1. Nursing care and residential care facilities
  2. Animal production
  3. Couriers
  4. Wood product manufacturing
  5. Transportation

To find out about all our Work Comp Staffing Solutions work comp programs for staffing agencies, please contact us at david@StaffingCompSolutions.com, or visit our web site  www.StaffingCompSolutions.com. You can always call us at 202-302-1212.

Are You Ready For Your Next Work Comp Audit?

Most Work Comp Staffing Solutions staffing clients use “pay as you go” work comp programs, so they are not audited. But if you use a State Fund or private carrier, here are some things to
keep an eye on during your audits:

  1. Workers’ comp audits take a retroactive look at a business’s payroll. Audits can happen after the first 3-6 months and then usually annually after that.
  2. Auditors will closely examine employee job classifications, and may visit your clients to confirm exactly what your employees did at your client’s site.
  3. Post audit bills by the carrier are not unusual because of misclassifications and disagreements regarding light/heavy industrial codes.
  4. Carriers will project future payrolls based on your first audit, and as a result, may require additional premium deposits– due within 30 days.

If you find you need to switch to a “pay as you go” program because an audit resulted in your policy termination, please contact us — we can help.

Please visit our web site at www.StaffingCompSolutions.com, call us at 202-302-1212, or email us at david@StaffingCompSolutions.com for more information about all our staffing and workers’ comp program offerings.

More Work Comp Staffing Solutions Than Anyone Else. Period

Creative Work Comp Solutions Exclusively For The Staffing Industry

Meet some of Work Comp Staffing Solutions’s new 2019 clients:

  • 5M E platform medical staffing co. – uses EOR.
  • 10M LI uses a PEO while processing their own payroll.
  • 20 Million LI staffing co in Cal.- uses EOR.
  • National IT/LI staffing co – uses direct carrier.
  • New oil and gas co uses multiple state funds.

Only serving the staffing industry for the last 50 years. Creative work comp solutions is what we do best.

Visit us at www.StaffingCompSolutions.com or call us at 202-302-1212. No one knows more about helping staffing companies with their workers compensation challenges than StaffingCompSolutions.com. Just ask our 150+ staffing clients!