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New Ideas to Reduce Workers’ Compensation Losses

By Peter D. Bullard, Ph.D. & Stacy Shields

Employers, Risk Managers and safety experts have sought and found a number of useful ways to minimize workers’ comp losses. Yet workers’ comp continues to be a drag on the bottom line and more needs to be done. Now, new research indicates which group of workers’ accounts for the majority of the losses, and the results are surprising. How can the employer identify these high risk workers? Professionally developed job applicant screening tools are one quick and cost effective way and can cut workers’ comp losses by more than half.

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