Mental health issues are becoming increasingly common in Australian workplaces and from a workers compensation perspective they are 7-8 times more expensive than physical injury related claims. A recent PWC study found mental health issues cost Australian businesses $10.9B a year in lost productivity. The study also suggests poor mental health is likely to impact 1 in 5 employees. So what are the common mental health disorders?
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In 2015, ABILITY GROUP achieved a major victory for one of its clients, successfully saving $550,000 through a workers' compensation premium appeal. This case highlights the importance of expert guidance in navigating complex legislation and premium formula changes that can significantly impact businesses.
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![Carmen [Square]](http://abilitygroup.com.au/wp-content/uploads/2015/11/Carmen-Square-150x150.png)
At ABILITY GROUP, we proudly acknowledge the remarkable career of Carmen Sherry, who is retiring after more than 40 years of dedicated service in the workers’ compensation industry. Carmen’s departure marks a significant moment for our team and the broader industry, as she leaves behind a legacy of expertise, mentorship, and unwavering commitment to excellence.
From a transition perspective, Adam Peatey will assume responsibility for the brokers and clients Carmen has supported. Adam can be contacted on (02) 9098-5504, 0411210209 or adam.peatey@abilitygroup.com.au.
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We are excited to welcome Adam Peatey to ABILITY GROUP. Adam is an accomplished expert possessing approaching 20 years’ workers compensation experience in broker and client relationship management, injury / claims, underwriting, premium management and gaining all other facets of the industry gained across businesses of all sizes and industries.
Having worked closely with Adam as our Employers Mutual Relationship Manager for the last 3-4 years, we were excited when Adam wanted to join our team. With Carmen retiring, we are very happy to ensure the exceptional level of client and broker support will continue via Adam and as supported by Julie, Marc and the rest of the team.
(more…)![Emily Profile [Square]](http://abilitygroup.com.au/wp-content/uploads/2015/11/Emily-Profile-Square-150x150.png)
At ABILITY GROUP, we pride ourselves on bringing together industry leaders who embody expertise, innovation, and a hands?on approach to workplace health and safety. We are delighted to introduce Emily Taylor, our General Manager of the specialist rehabilitation division, HEALTH ABILITY.
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Despite the NSW scheme changes taking effect back on 30 June 2015, the majority of medium to large NSW businesses are yet to receive their 2015/16 premium renewals. With iCare now authorising the NSW insurers to start processing 2015/16 renewal notices the challenge they now face is there is a 3-4 month backlog. Given the events over the last 4 months, we have covered this inside out. To help make these changes easier to understand, ABILITY GROUP provide a quick reference list below for our clients and partners:
1) Reforms are causing increases & Renewal Premium Increases
2) Renewal Capping & Appeals
3) New Premium Scheme Transition
4) NSW WorkCover becomes 3 new organisations
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