Start researching the topic of business plans and sooner or later you will come across the term risk management. NY business owners can find that there are several benefits that can be derived from implementing risk management strategies into their workplaces. The term may seem a little ambiguous if you’re new to business so here […]
Risk management is about identifying and reducing risks within your business. In addition to making the workplace safer and enhancing your business performance, a good risk management strategy can also save you money. Insurance premiums for workers’ compensation, liability and other specialist business insurance are directly related to a company’s record and strategy when it […]
It’s a requirement of every New York business that they undertake regular workers compensations audits. These are audits of payroll records for the purpose of determining how much you should be paying for your workers’ compensation insurance. Standard procedures dictate that this will be carried out by an auditor visiting your workplace, although in some […]
In New York it is mandatory that all employers of at least one person have workers’ compensation insurance in place. It is also a requirement of the New York Compensation Insurance Rating Board that workers compensation audits be carried out. Here’s what you need to know: •Audits are of employee payroll records for the purpose […]
Have you found the various rules and regulations concerning health and safety in your workplace confusing? You’re not alone, many new business owners feel overwhelmed by the requirements and the number of things they need to know about keeping their workplace safe for themselves and their employees. While regulations differ from state to state and among […]
Working on a construction job-site is full of risks- it’s no secret! No matter how careful and professional workers may be, accidents will always happen. Yes, workers compensation will be there to protect employers from horrible accidents but sometimes that is not enough. With risk management, NY employers can assess the exact risks that their […]
If you are a business owner, you know all about workers compensation…hopefully! If not, then it is time to pay attention. Both workers compensation and workers compensation audits are important for your business for a number of reasons. Here are a few to start… #1: Workers compensation is required by law. Think you don’t need […]
As a business owner, you should be aware of the risks that could affect your company. Without risk management, NY business owners would not be able to successfully protect the company, leaving room for injuries, accidents, claims, and lawsuits. If you are not a risk management believer, be prepared to turn into one! Here are […]
No matter what type of business you run, you are going to need coverage. As your workers compensation premium recovery experts, we reserve the right to lecture you on the importance of workers comp. #1: Workers comp protects your employees. A reliable workers compensation policy will cover your employees if something should go wrong on […]