by Marc Ring | Feb 5, 2024 | Premium, Work Health & Safety, Workers Compensation
A multifaceted approach is required for Workers Compensation Premium Reduction Strategies to be effective in reducing workers’ compensation premiums. Each Australian State/Territory has different legislation and premium formulae however the overarching approach remains the same – organisations must focus on improving workplace safety, reducing the risk of injuries and effectively managing claims. We identify and explore 10 Workers Compensation Premium Reduction Strategies organisations can utilise to help reduce workers compensation premiums.
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by Marc Ring | Jan 1, 2024 | Events
Happy New Year 2024! For those of you we are yet to talk to we hope you had a safe & happy holiday period. Happy New Year & we wish you happiness & success for 2024 ahead. Workers compensation, health & safety is not a success-only journey & when you need help, contact us!
What lies ahead in 2024?
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by Marc Ring | Aug 30, 2023 | Workers Compensation
With workers compensation schemes/underwriters experiencing increasing challenges, costs and resulting need to increase workers compensation insurance premiums, a recent court decision represents ongoing focus on fraudulent workers compensation activities. A Victorian business owner has been sentenced to 22 months in prison for workers compensation fraud and is also required to repay $350,000 of illegal workers compensation payments.
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by Marc Ring | Aug 21, 2023 | Human Resources, Work Health & Safety, Workers Compensation
Successfully managing business risks is more important than ever before. Businesses are faced with numerous different risks, yet anticipating and effectively managing your people risks are critical to building trust inside and outside of your business. Given people risks can have significant financial, reputational and legal implications, risk management efforts are crucial for businesses. What are the common people risks Australian businesses should be aware of and address?
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by Marc Ring | Aug 14, 2023 | Work Health & Safety
Under Work Health and Safety (WHS) legislation, Australian businesses are required to record workplace hazards, incidents, injuries and other important items. At times it can be confusing as to what, and to whom, a business should report particular items. When it comes to incidents, there are specific requirements as to what types of incidents a person conducting a business or undertaking (PCBUs) must notify their WHS regulator.
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