Workers' compensation is one of the most variable spends that anemployer works with, but many business owners are not takingadvantage of opportunities to reduce their annual spend and may beoverpaying relative to their peers.

Most expenses are directly correlated to the specific benefitsthe business receives. If you have a bigger payroll, you usuallyhave more employees, and if you pay more rent, you can expect tohave bigger or nicer space. A higher spend on Workers' Compensationcoverage, however, is likely to leave you with the same coverage asyour competitors, who might be paying less.

One of the biggest drivers of increased spend in workers' compis the business' experience modification, but many businesses arenot using this tool to reduce their insurance spend.

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