Contact Information: Contacts: Henry Stimpson Stimpson Communications 508-647-0705 HStimpson@StimpsonCommunications.com Rebecca Shafer Amaxx 660-553-6604 Info@WorkersCompKit.com
Workers' Comp Costs Explode as Economy Weakens -- ReduceYourWorkersComp.com Video Shows How Employers Can Fight Back
| Source: Amaxx, Inc.
MANSFIELD, CT--(Marketwire - July 9, 2008) - Workers' compensation costs are soaring, and
it may get worse. According to the 2008 RIMS Benchmarking Survey, the cost
per employee for employers with less than $1 billion in revenue rose 28.4%
in 2007.
Rising healthcare costs and a weak economy that inspires some workers
facing layoffs to fake injuries are among the forces driving costs upward.
Employers fighting skyrocketing costs must take effective action now, says
cost-control expert Rebecca Shafer, president of Amaxx, Inc.
"But employers are not helpless," Shafer says. "They can cut their costs
dramatically by taking a systematic approach to handling worker injuries
and helping injured employees recover and get back on the job sooner."
Shafer, who's devoted her 25-year career to helping employers slash
workers' comp costs, has captured best practices in the online Workers'
Comp Kit.
Now a new six-minute video reveals some of the cost-control secrets offered
by the Kit.
Doing a lot of little things, and a few big things, right makes an enormous
difference --
and employers that use these strategies and tactics have cut their costs by
20 percent to 50 percent," she says. "The video provides a quick
overview."
View the video at
http://www.reduceyourworkerscomp.com/workers-compensation-video.php
For more information, visit www.ReduceYourWorkersComp.com, write
Info@WorkersCompKit.com or call 860-553-6604.