How CompScience Transforms Workplace Risk Management Workplace safety goes beyond compliance. It is essential for business continuity, operational eff[...]
Read moreSlip, trip, and fall injuries are among the most common types of workplace injuries. According to data from the Occupational Safety and Health Administration (OSHA), slips, trips, and falls account for a significant proportion of workplace injuries, including 15% of all accidental deaths. Slip, trip, and fall injuries can occur in any workplace, but they […]
Read moreSafety is an important consideration in all types of operations, as it can have a significant impact on the efficiency, productivity, and overall success of an organization. Here are a few ways in which safety can impact operations: Lost time and productivity: Workplace accidents and injuries can result in lost time and productivity, as employees […]
Read moreAn X-Mod (short for Experience Modification Factor) is a number used to adjust the premium rates of workers’ compensation insurance policies. An X-Mod is calculated based on the claims experience of a particular business and is intended to reflect the relative risk of that business. In general, businesses with a history of high […]
Read morePreventing injuries in the workplace can help lower your X-Mod in several ways: Fewer claims: By preventing injuries, you can reduce the number of workers’ compensation claims filed by your employees, which can lower your X-Mod. Reduced claim costs: Injuries that do occur can be more severe if appropriate safety measures are not in place. […]
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