When you get your National Workers’ Compensation Management Score™, the results indicate best practice proficiency:
Score 1 – 28 Welcome aboard!
Your score indicates you are just getting started and are new to workers’ comp cost containment. Do not try to do everything at once, and do not be discouraged! It CAN look overwhelming but take it one step at a time. My favorite saying is: “Don’t eat elephant in one bite!” Getting your score is the first step to building a cost-saving program for your company.
Next Step: Put 1 – 4 Recommendations on your Timetable. Pick the easiest to implement. Don’t be afraid to ask your team for help.
Score 29 – 60 Let’s get started!
Your workers’ comp cost containment program is started, now you can build up what you have and implement some new procedures and practices. Next Step: Prioritize the recommendations. Put 4 -7 recommendations on the Timetable.
Score 61 – 82 Push a little harder!
You have already made a lot of progress setting up your cost containment program, now it can be fine tuned to build a solid, effective program. Next Step: Prioritize the recommendations and select as many as you can handle on the Timetable.
Score 83 – 100+ Great Job!
You have an excellent program in place and it is probably already part of your corporate culture. You can move quickly to Best-In-Class with very few changes. Next Step: Tackle all of the recommendations (there won’t be many) and put them all on your Timetable.
For more cost savings tips go to WC Cost Reduction Tips.
Show the REAL cost of workers comp with the Real Cost Calculator.
Do not use this information without independent verification. All state laws are different. Consult with your corporate legal counsel before implementing any cost containment programs.
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