Workers compensation: Related risks & benefits of effective management

Risks Managed

1. Workers' compensation risk
2. Financial risk including Worker oncosts and penalties
3. Employee productivity risk including absenteeism and presenteeism
4. Legal risks related to the need to provide a safe and healthy work environment
5. Reputational risk

Benefits

1. Access to expert workers' compensation advice at a competitive cost, making services accessible to all businesses regardless of size
2. Minimises direct & indirect cost to a business
3. Advocacy for business and Injured Workers to ensure appropriate service levels
4. Supports businesses and Return to Work Coordinators with limited claims and injury management experience, ensuring positive outcomes are achieved
5. Facilitates and supports appropriate rehabilitation and return to work strategies and relationship management, supporting effective and appropriate injury management
6. Minimises opportunities for unlawful and unfair dismissal, anti-discrimination, harassment and bullying claims