Paying too much for workers' comp coverage?(Small Business Strategies)

How you operate and manage your business can greatly affect your premiums

Do you suspect you might be paying too much for workers' compensation insurance? Have you ever wished there were a way to control the cost of workers' compensation insurance? Are your employees missing work due to work-related injuries, illnesses or activities? Does lost time due to on-the-job injuries, illnesses or activities affect your employees' productivity and, of course, your bottom line?

You can take steps to manage, even reduce, these costs.

The most basic step is simply to walk through your facility and look for potential hazards. Is oil spilled on the floors? Are employees standing on chairs to reach objects? Do staff members lift heavy objects properly? Are employees …