COMMIT

6 Ways to Reduce Workers’ Compensation Costs

Care enough about your employees to make safety a top priority for your business. Communicate your safety philosophy. Commitment begins with top management. The 3 C’s in controlling your workers’ compensation cost, stand for care, communicate and commitment--the foundation of the NYSIF COMMIT program!  As a small business owner, or a corporate CEO, you set the tone for your organization. Your commitment to safety and risk management will spread throughout the organization.
   
Organize. You need not be a Fortune 500 company to have a structured safety and risk management program.  Structure will keep you and your employees focused on the goals and objectives of your program. 

Meet. Large companies may establish safety committees that meet on a regular basis to discuss safety and risk management concerns, but in a small business it’s even easier to gather to promote safety. Whether it’s a job site safety talk, or an office coffee break, you can focus the same attention on loss prevention as a formal safety committee.

Manage. Even with the most effective safety program, accidents happen. Once a work related claim takes place, it’s time to proactively manage that claim so the injured worker gets appropriate medical treatment and care to facilitate recovery and return to work. Large companies may be able to create more return-to-work opportunities, but small businesses have a distinct advantage in developing relationships with their employees. Stay in touch with your injured employee. Demonstrating your concern is a proven way to reduce loss of time. 

Involve everyone. A successful accident prevention and risk management program is all-inclusive. Safety initiatives must include top management, supervisors and line employees.

Train. Ongoing safety training is the best way to have everyone thinking safety first!
Are you ready to COMMIT? NYSIF can help. It’s easy to COMMIT. Start controlling your workers’ compensation cost now!

Check out NYSIF safety resources. These materials can supplement your formal safety program or provide small businesses the fundamentals they need to promote safety in the workplace on an ongoing basis.

Use CONNECTS to track and monitor claims 24/7.