Sessions
Concurrent Session
The Grand Bargain Is Upended: Navigating the New Workers Comp Playing Field
283-285
Tuesday 06/20/2017 07:00 AM - 08:15 AM
1.25 SHRM PDCs
| Competencies: HR Expertise, Critical Evaluation, Business Acumen
| Intended Audience: Senior-Level
Workplace Application:
This session will challenge you to a create workers comp strategy that includes evaluating predictive data, legal exposures, and cost drivers.
The workers' comp system has survived 100 years of turmoil, and counterpunches but it cannot survive without stakeholders reconnecting with the core reasons why injury management is important. This session will take you back to basics; a keen evaluation of the workers' compensation echo system against the legal exposures driving up labor cost. This session will help you:
- Understand how simple HR decision must be linked to the greater workers' compensation injury management initiative.
- Understand how integrated disability management, employee value and core competency creates a shift from viable to agile injury management strategy.
- Understand how predictive analytics, cost drivers and connecting wellness can be used as a strategy to reduce injury frequency and health-related cost.
- Learn how to effectively communicate the financial side of workers compensation with C-Suite leaders, to create an endorsed strategy to reduce the overall burden on labor cost.
