NSW Workers Compensation Changes

NSW Workers Compensation Changes

NSW WorkCoverNSW Workers Compensation Changes

This week NSW Premier Barry O’Farrell and Finance and Services Minister Greg Pearce made announcements regarding important changes to NSW Workers Compensation with reforms targeting reducing cost of doing business in NSW.

Following a series of other NSW legislation changes that took effect at the start of the year, the latest changes were announced on 1 May 2013 and are significant for NSW workers compensation.

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Business in workers compensation trouble

Business in workers compensation trouble

Caution SignBusiness in workers compensation trouble

Accidents can happen in the work place or environment your people are exposed to.  This story resonated with us as we have sadly seen a claim where an accident resulted in the death of young apprentice, aged 16.  Every business needs to be aware of their obligations to the safety of their people and even more diligent with the young apprentices who need training, support and mentoring.

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Reduce workers compensation costs

Reduce workers compensation costs

Reduce your workers compensation costsWorkers compensation is often the largest insurance cost for a business and it  directly reduces business profits.  For many businesses workers compensation is expensive, complex to manage and a source of frustration. If not effectively managed, workers compensation can be unpredictable making many believe it is an uncontrollable business expense.

ABILITY GROUP  can alleviate your stress and frustrations by providing recommendations to control  or reduce your workers compensation costs. (more…)