It isn't easy being a risk manager in the middle of one of the worst economic downturns since The Great Depression, particularly if you are trying to control workers' compensation costs.
With massive layoffs come smaller staffs doing more work, often handling jobs they are not accustomed to doing. Those fearful of being laid off might be tempted to either work through an injury or file a claim for a non-work-related ailment to assure medical care and an income should they lose their job.
At the same time, with companies eager to cut expenses, investments in loss control and safety are under pressure. Risk managers need to demonstrate results to keep their people in place and their programs intact.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.