In any workplace, unexpected injuries or illnesses can take place. When these events happen, it’s important to make sure all parties involved are protected – not just the employees. We make sure the interests of your organisation are always taken into account.
What is Workers Compensation insurance?
Workers compensation insurance provides a safety net for employees who sustain an injury and/or illness throughout the course of employment.
Who needs Workers Compensation cover?
All businesses that employ staff with an annual payroll over $7,500 are obligated to have a policy in place*. Not having the relevant insurance cover can leave your organisation unprotected and expose you to punitive measures.
Why should you protect yourself?
Apart from the fact that Workers Compensation cover is compulsory, non-compliance punitive consequences can be severe – and significantly impact the cost-effectiveness of your business. It is incumbent on organisations to ensure there are systems and processes in place to meet compliance standards and Work Cover guidelines to facilitate cost-effective and efficient management of your business.
Managing claims and return to work
Workers compensation insurance is only one part of managing workplace injury risk. Employers also need clear reporting processes, active injury management and a practical return to work approach when a worker is injured or becomes unwell because of work.
When a workplace injury or illness occurs, early action can make a meaningful difference to the claim outcome. Employers may be required to notify the relevant scheme or insurer, keep accurate records, support suitable duties and stay involved in injury management planning.
Adroit’s Workers Compensation Consultants can help your organisation understand its obligations, reduce avoidable claims pressure and support a return to work process that considers both the injured worker and the business.
How can you protect yourself?
Speak to a workers compensation consultant today to make sure you have the appropriate cover in place, minimising risk exposure and costs to your business.