Workers’ compensation fraud can end up costing employers in the United States more than $7.2 billion every year, according to the National Insurance Crime Bureau (NCIB). This startling number is born out of employees’ efforts to game the system, finding ways to seek out loopholes and take advantage of the system altogether. One major type …
Workers’ Compensation Fraud, and How to Prevent ItRead More »
Insurance fraud is a pervasive issue in the workers’ compensation insurance world. Those who commit fraud may be employers, employees, vendors, or temporary employees in the workers’ compensation system. While the vast majority of claims for workers’ compensation are on the level, fraudulent claims make up a major portion of payments made by insurance companies …
Staffing Workers’ Compensation Fraud in Action: Claims ExamplesRead More »
While staffing agencies are an effective solution for companies looking for reliable short-term employment help, they are not immune to liability and risk exposures for workplace issues. In fact, in some cases, a client is exposed to liability as a result of using a temporary staffing agency. How to Reduce Risk Exposure in Workers’ Compensation …
How to Reduce Workers’ Compensation Risk Exposures with Temporary Staffing AgenciesRead More »
When it comes to workers’ compensation claims and solutions among the staffing and short-term hiring industry, dealing with risks and liabilities is a little more unique than having to deal with issues among permanent workers. The reasons for this can be wide and varied, but what do you do when claims aren’t handled correctly or …
Staffing Workers’ Compensation in Action: When Problems are EverywhereRead More »
Temporary workers can be a great asset for companies looking to handle busy work periods or knock out special projects with a little extra help. But no matter if it’s a one-day project or a six-month contract, temporary workers are just as vulnerable to becoming injured as full-time permanent employees. So, what happens when a …
Do Temporary Employees Need Workers’ Compensation Coverage?Read More »
For firms in the staffing industry, trying to calculate their workers’ compensation premium can be confusing and stressful. From trying to figure out how many employees are on their roll at any given time to job classification of these employees, a workers’ compensation cost for a staffing firm can fluctuate or just be hard to …
Workers’ Compensation Cost Drivers in the Staffing IndustryRead More »
The workers’ compensation market is one of the most expansive markets in the world, covering everything from small startups to major corporations, freelance workers to highly paid executives. It’s important for those in the industry to look at where the market is and where it’s headed, especially as a new decade is about to begin. …
Securing an effective workers’ compensation plan for temporary staffing may pose a challenge, confusing some staffing agencies as to how it differs from full-time insurance. However, workers’ compensation guidelines for staffing agencies are essentially the same for permanent hiring needs, save for paying insurance premiums. The temporary staffing industry is responsible for making sure that …
The Importance of Workers’ Compensation Insurance for Temporary StaffingRead More »
