Tony Abbott today has announced, aimed at delivering promised $1 billion-a-year cuts to red tape for business, charities, etc.
For businesses that operate across states, Tony Abbott today has announced red tape repeals that will encourage these businesses to enter the Comcare self-insurance workers compensation scheme. At the same time, the national workers compensation Comcare scheme will be tightened to prevent reckless workers claiming for injuries caused by their own misconduct. These are dramatic changes that will be hotly debated.
A serious issue that affects employee wellbeing, productivity, and business performance. At ABILITY GROUP, we emphasise the importance of early intervention and strong internal processes to reduce risks and create safer, more respectful workplaces.
Recent research found workers who regularly exercise reap rewards in the work life balance struggle most people face today. The study also found that employees who dedicated time in their day to exercise were more productive, confident, happier and less stressed. Last month we touched on workplace health programs where investing in your people leads to a more engaged workforce who are less likely to make workers compensation claims.
With commitment, New year resolutions are way to make positive changes. In January, many businesses also consider what they can do to improve performance and their workplace. Given the many benefits, implementing a workplace health program can be a great investment to your most valuable asset, your people. A workplace health program is an activity or range of activities that aim to support and promote the health of employees. These can be something simple and low cost, like providing fruit at work or providing opportunities for physical activity at lunchtimes.
Recent reforms to the NSW Workers Compensation scheme are reshaping how businesses manage premiums, claims, and employee rehabilitation. For employers, including those in health and fitness sectors like PROHEALTH PHYSIO & FITNESS (EP), understanding these changes is essential to remain compliant while supporting staff wellbeing.
For many businesses, workers compensation claims don’t only impact customers and other workers, they can have severe financial impacts. Since 1 July 2013, NSW legislation reforms mean businesses with workers compensation premiums >$30,000 are claims experience rated. In simple terms this means these premiums will increase for 3 years due to claims costs and often for every $1 in claims costs you pay more in premium. Like to reduce the impacts of claims?
