Risk management should always be among an employer’s top priorities. Taking proactive steps to avoid lawsuits and other such potential frustrations is worth an employer’s time and money.
For example, you may be an employer in California. That means you are required to provide your employees with the option of filing claims for workers’ compensation benefits if they are injured in on-the-job accidents.
However, the fact that you technically have purchased workers’ compensation insurance doesn’t mean the insurance you purchased is ideal for your company and workforce. To guard against potentially costly disputes, strongly consider reviewing your needs with our Van Nuys workers’ compensation counseling specialists at Sacks Law Group, APC.
The Financial Benefits of Workers’ Compensation Counseling Services
As a business owner, you may be somewhat reluctant to coordinate with workers’ compensation counseling specialists because you’re not sure you can justify the cost. This is understandable. Any responsible employer should attempt to save money whenever doing so is possible without making unreasonable sacrifices.
However, workers’ compensation counseling is an example of one service that will absolutely pay for itself over time. To better understand the financial benefits the service offers, consider the following points:
Workers’ compensation costs are consistent and predictable
One of the main ways in which a workers’ compensation counselor can help you involves assessing your needs and assisting you in choosing the right workers’ compensation insurance coverage for your company.
Workers’ compensation insurance premiums are set annually. They remain fairly consistent, and more importantly, there are virtually never any surprises in regard to what you pay for workers’ compensation insurance if you take the time to familiarize yourself with your policy.
If you have insufficient workers’ compensation coverage, an injured employee may one day file a lawsuit. Unlike workers’ compensation insurance costs, the cost of litigation is not easy to predict. By coordinating with a workers’ compensation counseling specialist who can help you choose the right policy for your needs, you will have the peace of mind that comes from knowing that your company is not likely to be the target of a potentially expensive lawsuit in the future.
Optimizing your workers’ compensation coverage can attract talent
Ambitious job seekers consider many factors when deciding whether to accept positions with certain companies. A strong candidate for a position at your organization may be reluctant to work for you if they learn that, due to lack of proper workers’ compensation coverage, you have been the target of lawsuits or your workers have been displeased with the difficulties they’ve encountered when attempting to secure workers’ compensation benefits after being injured on the job.
All successful business owners understand that they can only succeed if they have talented and dedicated workforces. This is another reason to prioritize scheduling workers’ compensation counseling services. Doing so could help you improve your company’s reputation in a manner that attracts engaged employees. This will yield major financial benefits in the long run.
Contact a Van Nuys Workers’ Compensation Counseling Specialist Today
At Sacks Law Group, APC, our attorneys have extensive experience representing employers when disputes regarding workers’ compensation claims arise. That said, the likelihood of such disputes arising is much lower when employers take advantage of the expertise that our Van Nuys workers’ compensation counseling professionals offer. Learn more about what we can do for you by contacting us online or calling us at 310-216-7778 To schedule a consultation.
310-216-7778
