Workers compensation insurance is the largest single insurance cost incurred by many organisations. This cost is, however, only a fraction of the total cost incurred by an organisation when injuries arise in the workplace. The related costs arising from prosecutions, brand damage, costs of replacement labour and lost productivity, to name a few, can generate costs in the many multiples of the premium spend incurred.
The costs of workers compensation is only one lens through which to understand the impact of injuries which prevent your workforce from coming to work and performing their pre-injury roles. The rising impact of non-work related conditions on the ability of individuals to work safely and the extended definition of the traditional “workforce” to incorporate contractors, labour hire workers and workers working in remote and offsite locations challenges organisational thinking about keeping workforces fit, productive and engaged.
Many organisations invest heavily in prevention and management of injuries but do not realise the full benefit of these investments. Establishing a cohesive framework across the spectrum of this risk– from injury prevention and management through to effective insurance management is critical to reducing the costs to the organisation and improving performance.
Our most frequent experience is meeting with executive management teams that are frustrated that safety results are not translating into reduced costs.
Company Details
- Employees
- 14
- Founded
- -
- Address
- Level 12, 189 Kent Street, Sydney,nsw 2000,australia
- Industry
- Insurance
- NAICS
-
Insurance Carriers and Related ActivitiesAgencies, Brokerages, and Other Insurance Related Activities
- Keywords
- Reviews & Opportunity Assessments, Management System Design & Implementation, Service Provider Management, Outsourced Services, Mergers & Acquisition Services, Injury & Claims Management, Workers Compensation, Policy Premium administration, Job Task Analysis.
- HQ
- Sydney, NSW
Psc Workers Compensation Services (Psc Wcs) Questions
Psc Workers Compensation Services (Psc Wcs)'s website is workerscompensationservices.com.au
Psc Workers Compensation Services (Psc Wcs)'s LinkedIn profile is https://au.linkedin.com/company/workerscompensationservices
Psc Workers Compensation Services (Psc Wcs) has
14 employees.
View email and phone details for 14
employees at Psc Workers Compensation Services (Psc Wcs).
Psc Workers Compensation Services (Psc Wcs)'s industry is
Insurance
Psc Workers Compensation Services (Psc Wcs)'s top competitors are
Pc Ability,
Zapcentral,
Workplace Assessment & Solutions Limited,
Psc Insurance Brokers,
Procare Group,
Coast Insurance,
South Coast Health Hub,
Lockton,
Ensure Pty Ltd,
Psc Safex.
Psc Workers Compensation Services (Psc Wcs)'s categories are Insurance
Psc Workers Compensation Services (Psc Wcs)'s founding year is 2010
