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apartment complex with sunset in backgroundWhether you are painting hallways, putting in new flooring, or engaged in remediation after a large fire having an actively managed safety program is important for several reasons. Safety programs are necessary campaigns to keep your risks low, and your business running smoothly without unnecessary costs.

 

 

 

 

Check out these 4 scenarios you may have overlooked when planning for risks with your business.

  1. When you have a worker that misses time because of an injury, it has many effects on your organization. It’s difficult to find, train and replace that employee. It’s also an extra expense. Depending on the nature of the injury, it could lead to employee morale problems. They might realize the same thing could happen to them.
  2. Competitive pricing/margins: Many vendors are in a request for proposal sales situation and the only thing that matters is the lowest price. Lowest price wins the business.  If you company pays 30% more for Work Comp than your competitor, you might not be able to price your bids competitive enough to win the job.
  3. Employees of a subcontractor suing the General Contractor apartment complex 3rd party over
  4. Loss of reputation could prevent future job opportunities. Raises questions about the quality of work a contractor performs.

 

For advice and guidance on how to set up a safety program and actively manage your worker's compensation costs, please reach out to us at 888.279.9701 or fill out the short form below. 

Posted 1:39 PM

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Alliance Insurance Group
7910 Ralston Rd., Ste 7
Arvada, CO 80002

Phone: (303) 279-9700
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