Workers’ compensation program management can be a struggle for small-to-medium sized business owners
From finding the right agent to preventing or promptly reporting employee injuries, main street business owners and managers struggle with rising workers’ compensation costs and imperfect safety programs.
“Workers’ Compensation in Two Hours: The Business Owner’s Guide to an Exceptional Workers Compensation Program,” Nancy Germond’s new book, takes managers step by step through the challenges associated with workers’ compensation management.
“For business owners who don’t have a chief financial officer or risk manager to rely on, managing your insurance purchase and building a strong workers compensation program can be challenging,” said Germond, who has more than three decades of claims handling and risk management expertise.
Chapter by chapter, this book helps the reader understand the work comp policy, determine how to choose an agent, implement better hiring practices and discover how to respond when workers’ injuries don’t resolve. Some practical tips and examples help business owners understand the insurance jargon they may hear, as well as help them survive the inevitable premium audit they face each year.
With insurance prices rising and workers facing increasing health challenges that can delay return to work, this book helps business owners improve the management of a complicated and often misunderstood process.
A chapter on the emerging risks employers face in today’s turbulent world is a bonus to help business owners develop a strategy for better management of their enterprise risk management program.
“Nancy Germond has published a practical, easy to understand guide for small business owners and those responsible for insurance and risk management decisions at larger businesses,” Bill Wilson, author and insurance agent, said of Germond’s book. “From the initial 2-page case study that illustrates what is at stake when failing to proactively manage or oversee the business’s workers’ compensation program to the significant amount of statistical support for her recommended practices, this book provides a sound foundation for minimizing risk of injury to valued employees.”
This book is available through Amazon. It can also be ordered through Wells Media at amazon.com/dp/1736867024.
Germond is a frequent presenter on risk management and employment trends. She is available to talk to organizations about her new book or other critical and emerging risk management topics. Wells Media Group is the publisher.
Contact Germond at email@example.com.