Return to Work Programs:
Good for the
Employee, Good for the Employer
By Kym Varner, Risk Manager
“We don’t have work available for you. Come back when the doctor says you can do your regular job. That’s why we have workers comp insurance!”
Those are costly words! Costly to your company…and costly to the employee. Those words potentially set the stage for a downward spiral of events for both the employer and the employee. Let’s consider the costs.
Cost to the Employee
There is a false belief among some workers that, if they are injured, they will be off work, but will continue to collect regular wages. However, rarely are the true effects realized. Read more.
Cost to Your Company
The most dramatic cost effect may be on your company’s experience modifier (emod), particularly if you are a large company. An emod is a factor that is applied to WC rates. Therefore, it affects your entire payroll. Read more. |