December Renewals
With December being the second largest workers compensation renewal period in NSW, a lot of our clients would have received Renewal documentation from icare.
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With December being the second largest workers compensation renewal period in NSW, a lot of our clients would have received Renewal documentation from icare.
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As we saw in late 2018 the NSW Government introduced a number of changes to the NSW workers compensation system, the next phase of these changes relates to simplifying the calculation of a workers Pre-Injury Average Weekly Earnings (PIAWE).
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The NSW workers compensation scheme and nominal insurer (icare) have come under fire from an industry expert. icare insures 3.6 million employees and collects over $2 billion in premiums p.a. According to former principal actuarial adviser, the NSW scheme is in jeopardy.
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A carpenter who was found to have forged medical certificates in order to continue to receive payments under his workers compensation claim, has been gaoled for 9 months. The court also has ordered him to re-pay $112,975 in fruadlent payments received under the claim.
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Workers compensation is typically one of the largest costs for a business. If not actively monitored/managed your premium can increase quickly. Embedding HR, WHS & staff well-being strategies in your workplace can help ensure affordable premiums.
A significant contributor to employee absence is workplace bullying. Workplace bullying is reflective of a persistent pattern of mistreatment from others causing either physical or emotional harm, typically through humiliation, verbal and physical means.