This episode explores the nuances of classifying clients' businesses correctly from the start. We'll break down how different industries, such as construction and agriculture, follow specific classification rules while addressing common exceptions like clerical and sales roles. Learn why reading and understanding these classifications is crucial to ensure accuracy and compliance, helping you provide better long-term value to your clients. Whether you're navigating NCCI or state-specific systems, this episode offers key takeaways for ensuring the right classifications are in place. Tune in now!

In this episode, Kevin Ring, Lead Workers' Comp Analyst at the Institute of WorkComp Professionals, dives into one of the most flawed practices in the construction industry—using the Experience Mod (EMR) as a bid qualifier. Contractors and businesses often rely on the Experience Mod to evaluate subcontractor safety, but this metric is *not* designed for that purpose. In fact, using it incorrectly could lead to unfairly disqualifying safe contractors and even pushing companies out of business. What You’ll Learn: - Why the Experience Mod was never intended as a safety performance metric - The reasons behind this common industry mistake - Why OSHA statistics and safety rates provide a far better measure of contractor safety - How relying on the wrong metrics could hurt your business more than help it

Key Takeaways: By watching this video, you'll gain a clear understanding of how to more effectively vet subcontractors while ensuring your job site remains safe and compliant with industry standards. Whether you're a general contractor, safety manager, or an insurance advisor, these insights will help you avoid pitfalls and make smarter hiring decisions. Pro Tip: Learn the right way to assess safety performance using OSHA data instead of mod rates, and how this can save your clients money while keeping everyone safer on the job.

Ready for more? Reach out for an article with more in-depth information or to discuss how to put better safety measures in place. Contact Information: Kevin Ring | Institute of WorkComp Professionals (828) 274-0959 Kevin@workcompprofessionals.com Let’s Connect: Set up a time to chat and find out how the IWCP process can help you grow your book of business and help your clients manage their Experience Mod more effectively and prevent employee injuries: ScheduleWithIWCP.com

In this episode, Kevin Ring and Preston Diamond dive deep into the hiring challenges that employers face in today’s labor market. With unemployment rates ticking up slightly, businesses are still struggling to find qualified workers, often leading to hasty hiring processes and cutbacks in essential employee training. We discuss:
Why cutting corners in hiring and training can increase workplace accidents
The direct connection between experience, training, and OSHA recordable accidents
How a solid hiring process can prevent costly injuries and workers' compensation claims
The impact of labor force participation post-COVID and the challenges businesses continue to face
Whether you're an employer, HR professional, or just curious about how hiring and workplace safety are evolving in 2024, this episode is packed with insights that could help you refine your own hiring strategies and improve workplace safety.