43% of Employers Don't Have a Return-to-Work Program, Says Poll at www.reduceyourworkerscomp.com
MANSFIELD, CT--(Marketwire - October 20, 2008) - Only 57% of employers taking an online poll
at www.reduceyourworkerscomp.com reported having a return-to-work (RTW)
program to help injured workers get back on the job sooner.
Employers that have a large workers' comp deductible are missing a huge
opportunity to save money almost instantly with a RTW program, according to
site creator Rebecca Shafer.
The main reason for excessive workers' comp costs is that most employees
stay out of work too long after an injury. This happens for many reasons,
but often the employer loses control of the process or doesn't let
employees know that as soon as they can get a list of their medical
restrictions, the employer wants them to come back to work.
Usually, there's no need to wait until a worker is 100% recovered. Studies
have shown that employees recover quicker when they return to work rapidly
in transitional-duty jobs.
A good RTW program ensures that employees come back as soon as they are
medically able to perform any productive task. Proven savings range
between 20% and 50%.
Absence from work batters the bottom line. If an employee is out of work
for two weeks and receives $200 a day in compensation and medical expenses
and the company has a profit margin of 7%, it will take $57,000 of
additional revenue to replace that two weeks of lost time on the bottom
Try out the calculator
Reduceyourworkerscomp.com offers many free tips to help employers return
workers to productivity sooner. The site also provides forms and documents
that let any employer set up a do-it-yourself RTW program at modest cost.
More information is available at www.reduceyourworkerscomp.com and by