How a staffing agency with $17M in temp. payroll received $125,000 in safety rebates in one year, with no downside.

Eplica Establishes Retro-Rebate Program Rewarding Client with Money Back
for Exceeding Safety Goals

SUMMARY

An incentive-driven workers’ compensation and safety program helped a veteran staffing company break free from its state fund insurance plan and lower the rate of worker injury.

 

CLIENT PROFILE

 

PROBLEM: Assigned Risk Pool with State Fund Workers’ Compensation

Staffing businesses that are new, operate in high-risk industries or have a history of employee injury are oftentimes segregated by the insurance industry into an assigned risk pool, left with no other option than to choose a state fund insurance plan. This light industrial staffing business had a mod rate of more than 2.50 due to poor safety processes and inferior claims management by the insurance provider. With the skyrocketing mod rate, the client was paying more than 200 percent of the base rate set by the state.

 

SOLUTION: Workers’ Compensation Retro-Rebate Payrolling Program plus Safety Consulting

Eplica performed a profitability analysis to compare and contrast the costs that the client company faced in its situation for the upcoming year versus the costs through Eplica’s program. Eplica then established a safety program with rebates given to the client when employee injuries were less than projected losses. In order to support this strategy, Eplica’s safety team coached the business on procedures that would help select clients with safer work environments and candidates with excellent safety standards.

-Seth Stein
Eplica's Vice President of Business Development

Client Case Study 3