Managing
Risk and Reducing Workers’ Compensation
Costs For Temporary Staffing Companies
The temporary staffing industry – clerical, light industrial, cleaning
services or transportation, is a unique and dynamic industry with unique
and high-stakes workers’ compensation issues. For almost twenty
years, we have worked with temporary staffing companies and understand
precisely how to manage your exposure to this risk.
HOW?
The temporary staffing industry is unique in that they cannot control
their employees’ work place. As a matter of fact, in many cases,
temporary staffing firms are hired precisely to absorb the risk and cost
of compensation claims. Our job is to control and mitigate this exposure.
We form a working partnership with each of our clients.
Aggressive management of workers’ compensation limits your exposure,
controls your losses and reduces your insurance premium costs.
For temporary staffing companies, we recommend our Comprehensive Claims
Service:
- Review all existing open claims and execute a strategy for closure;
- Manage lost time claims for optimal outcome;
- On-going consultation and support including reserve monitoring;
- Reporting and statistical analysis including the unit stat review
with the insurance carrier.
Our job is to make sure your mod stays low, so that your premiums stay
low.
Our Policy Analysis and Cost Recovery Program is strictly contingency
based. The workers’ compensation policies of temporary staffing
companies are among the most complicated. This is why we recommend a complete
technical review of your workers’ compensation policy to insure
the accuracy of details such as employee classifications, endorsements
and modification factors. If we discover mistakes and recover overcharges,
we are compensated as a percentage of actual savings; if no mistakes are
found, our service is complimentary.
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