When the phrase "Lost Time" is brought up in referrence to Workers' Compensation claims, it usually refers to the money that must be paid to a worker injured on the job to make up for the wages they lose while they are unable to work. The longer workers are out, the more lost time benefits that must be paid, which results in higher Workers' Comp premiums for your clients at renewal time. But there is another form of "Lost Time" that can be just as costly to your clients.
That is the…Continue
Added by Debbie Fledderjohann on March 2, 2011 at 10:00am — No Comments
The recession forced many companies to cut their workforces and learn how to get the job done with fewer employees. According to a January 7 article by the Society for Human Resource Management, titled "2011:Time to Find the Right Workplace Mix," companies now need to examine how they may need to supplement their downsized workforce to meet future needs.
The article recommends that, rather than just hiring blindly, that employers spend some time determining the right "workforce mix"…Continue
Added by Debbie Fledderjohann on January 28, 2011 at 1:48pm — No Comments
Bringing back retirees on a temporary or contract basis is one of the key strategies employers are using to prevent potential future worker shortages, according to a poll conducted by the Society for Human Resource Management (SHRM) and AARP.
The poll surveyed human resource professionals about how they are planning for potential worker…Continue
Added by Debbie Fledderjohann on January 25, 2011 at 2:03pm — No Comments