Entries Tagged as 'Business'

Texas workers comp costs declining for employers who opt in: Commissioner

Business , HR

About two-thirds of Texas employers purchase workers compensation insurance or provide an alternative benefit plan for their injured employees, and declining comp claim frequency and other comp reforms in Texas have allowed insurers to lower comp pricing for those companies, Texas Workers Compensation Commissioner Rod Bordelon said Thursday.
 
Texas is the only state that allows employers to opt-out of providing workers comp or other benefits for injured employees. About 67% of employers in the state purchase workers comp coverage or create plans that provide benefits for injured workers, Mr. Bordelon told Business Insurance.

Employers with fewer than five employees are more likely to be uninsured than larger companies, Mr. Bordelon said. A little more than 5% of Texas employees — about 500,000 people — have no workers comp coverage or similar benefits.

Meanwhile, a 27% decrease in workplace injury rates and a 22% decrease in claims filed since 2004 have led workers comp insurance rates to fall 50% from 2003 to 2011, according to a statement Tuesday by the Austin-based Texas Department of Insurance.

Mr. Bordelon told Business Insurance that he largely credits state workers comp reforms, including a bill passed in 2005, for improvements in workers comp frequency and severity. That includes a decline in medical costs from 2001 to 2011.

“We instituted a number of new regulatory measures in the state of Texas as a result of those reforms,” Mr. Bordelon said. “Most notably medical treatment guidelines, fee guidelines, pharmacy formulary, a revised dispute resolution process and a more effective enforcement standard. … (The reforms) drastically changed the way in which workers compensation is regulated in Texas and the positive impact it's had on the market.”

Article from: Business Insurance. By Stephanie Goldberg, April 2014

Read more...

New year's resolutions: Five areas of focus for 2014

Business , Governmental Regulations , Legal

Five areas of focus that repeatedly seem to be the subject of EEOC charges and claims, along with some recommendations on how to fix them.

Fisher & Phillips LLP - USA
Edward F. Harold
December 2013

Read more...

Use of Photos and Videos in the Workplace

Business , Client Resources , Governmental Regulations , Legal

The National Labor Relations Board Division of Advice has released an Advice Memorandum that states employer policies prohibiting employees from photographing or video recording their company's premises, processes, operations, or products, including confidential information, without the company's permission violates the National Labor Relations Act. Also, social media policies that prohibit the use of a company logo, trademark, or graphics without the company's prior written approval have been deemed illegal, because a company's proprietary interest does not outweigh their employees' ability to use them to engage in concerted activity, which is noncommercial and does not infringe on trademark law. The memorandum is not binding but reflects the board's majority opinion. Employers with such policies may want to review them.

Information from: Lexology (09/05/13) Brendan G. Dolan; James R. Glenn; J. Kevin Hennessy

Read more...

Top 10 Handbook Mistakes and How to Avoid Them

Business , HR , Legal , Management Tips

An ounce of prevention can be worth a pound of cure:
Top Ten Handbook mistakes and how to avoid them.

Seyfarth Shaw LLP
Ann Marie Zaletel and Andrew C. Crane
August 2013

Read more...

Update the Employee Handbook!

Business , Governmental Regulations , HR , Legal

Regularly updating your employee handbook is not just a good practice, but it is of particular importance given the recent scrutiny of handbook language by the Acting General Counsel (AGC) of the National Labor Relations Board (NLRB).

Ogletree Deakins
Mike G. Johnson

Read more...

Powered by Mango Blog. Design and Icons by N.Design Studio
RSS Feeds