Course Details

P0233
People

 

A Strategic Business Approach to Workers Compensation Management

NSW

Key topics covered:

This course for senior managers will take a strategic approach to managing workers compensation as a critical business risk. Content includes:

• Understanding premiums and the impact of workers compensation on business: cost blowouts, project delays, absences, turnover, brand 
  
• Utilisation of third parties
  
• The importance of management staff understanding how to manage workers compensation including suitable duties and return to work
  
• Employment decisions, & connection of workers comp to industrial relations
• Aligning workers comp management with other business activities

Learning Outcomes:

Participants will gain a detailed understanding of how premiums are affected by claims, how it impacts on business commercial performance, and how they can position the business to manage this risk