Safety 2010 Proceedings

512 Managing Your Workers\' Compensation Program During Downsizing

Instructor: Deborah E. Weigand, Aon Global Risk Consulting, Southfield, MI
Teri J. Gass, CPCU, Aon Global Risk Consulting, Atlanta, GA

Description: When organizations downsize, workers compensation costs often rise, sometimes as much as 30% or more. This presentation will examine:
• the specific drivers of rising workers’ compensation costs during downsizing
• how an organization’s past management of workers’ compensation history can impact these costs
• strategies to prepare for, manage and document the organization’s safety and claim management during layoffs to mitigate Workers’ Compensation costs

Level: A