Tag: Workers Compensation

Australian business has long had the millstone of workers’ compensation claims around its neck.

Several reforms to the NSW WorkCover scheme, designed to reduce the administrative burden on the state’s small business owners, will come into effect on 30 June this year.

No matter what your business is, getting people back to work after an injury is not only critical to the worker’s recovery, but also critical to your bottom line.

Among all the fun and celebrations, the festive season brings a number of serious risks of which business owners need to be made aware.

Good documentation of workplace safety data helps leaders keep their fingers on the pulse of organisational safety by recording and reporting claims and premium data, which can have a positive flow-on effect on the premiums they have to pay.

WorkSafe have found that safety in many SMBs isn’t delegated to a responsible party, and is instead juggled on an ad hoc basis. This lack of planning has far-reaching impacts on a business’ ability to cut costs, especially WorkCover premiums. Here’s how to integrate workplace safety into your other business functions.

In a bid to lessen the complexities around business owner’s roles and responsibilities to OHS, WorkSafe has developed the ‘Seven Pillars of Safety’. The first pillar sets out clear top down responsibility, delegation and KPI’s for OHS and Return To Work (RTW). How well does your business measure up?

All SMBs should integrate workplace safety into business management systems, practice prevention rather than reaction and show commitment from owners to the process. Use the seven pillars of safety as a guideline to making this happen in your business.

Australia is one of the most underinsured nations in the developed world in terms of Personal Insurance, and sadly, many small business owners are not much better when it comes to insuring themselves and their businesses.