Fort Walton Beach Risk Management Solutions
Risk management is important to every business, large or small, but it can sometimes fall to the wayside. Risk management prevents problems with employees before they start, and puts plans into place in the event of an issue, such as a workers’ compensation claim. If you have not taken steps to address risk management in your company, or you need assistance bolstering the risk management you already have, a Fort Walton Beach risk management service like LandrumHR can be a great help.
Why Fort Walton Beach Risk Control is Vital
Risk control protects your interests as an employer, as well as protecting your employees’ interests. It addresses common issues and ensures that everyone is on the same page in the event of an adverse situation. Everyone will know what to do and there will be no lingering questions. In addition to protecting your company from problems, risk management safeguards your organization so that if these problems occur, you can respond quickly and correctly.
Risk can cost your business time, money, and its good reputation. If customers or employees are injured at work, for instance, that could lead to a workers’ compensation claim, lost hours of work, and a diminished reputation in the community and within your industry. This is just one example of a risk that needs to be controlled and managed with care and safety measures.
If you were to make a list of all the potential risks to your company, it could become overwhelming. This is where our Fort Walton Beach risk management solutions come in.
LandrumHR’s Risk Management Service
We bring a professional safety team on board for you. This team will identify and address any risk your company might face. These services range from safety training to policy-making and OSHA, as well as State compliance needs such as management of biomedical waste.
Part of risk management is creating a safe workplace, to minimize incidents that could lead to workers’ compensation claims. We will conduct an assessment of your company and its existing policies, if there are any, to tailor a safety plan to your needs and your situation.
Through safety training for everyone, we implement best practices, keeping everybody in good health. This can include promoting computer workstation health and safety, ergonomic arrangements for workers, OSHA training, providing CPR and First Aid education, drug and alcohol testing programs, as well as programming created to address injury and illness as soon as it happens, incident/accident investigations to prevent future events; or developing proactive safety programs; and effective safety committees.
We take any injury or illness seriously. Investigations will be conducted to find out why an accident happened and how it can be avoided in the future. We also work with the injured employee to stay updated on their health, to ensure that they are recovering, and to facilitate their return to work. LandrumHR will handle the required First Report of Injury. You do not need to worry about any aspect of reporting work-related injuries when LandrumHR is on board.
One of the most significant aspects of our risk management service is benefits management. You may consider covering your company under LandrumHR’s workers' compensation policy. This policy gives you coverage in the event of a workers’ compensation claim, through a top-rated, qualified carrier. Advantages include payments each payroll cycle, and no annual audit.
In the event of a claim, our Fort Walton Beach claims management services team will handle the process. We protect your employees’ interests by making sure they receive appropriate medical care. We protect your interests by working through the claims process in a compliant manner and by bringing your worker back to your team as soon as they are medically able. Protect your employees’ health, your investment in them, and the integrity of your human resources and claims department, all at the same time, using our years of claims management experience.
Why Outsourcing Can Work for You
There are many reasons to hire a Fort Walton Beach risk management service, instead of handling these issues in-house. For smaller companies, it may make more sense, financially, to bring in a consultant or outsource to a service instead of having to employ someone full time. The same holds true for companies that have a limited budget to share between departments.
Some companies choose to outsource to LandrumHR because they recognize that we have the expertise and proficiency to create truly effective and efficient safety policies and risk management strategies, without the learning curve that comes with promoting someone internally or bringing on a new hire. Our strategies and services are proven to work. Hiring a ready-made company, able to tailor solutions to your situation, can be the best choice, regardless of company size or budget.
You may not wish to spend money on risk management. However, if you weigh the costs of making proactive/preventative plans versus the cost of dealing with a health and safety issue or work-related injury after the fact, you can see why it is wiser to be proactive rather than reactive. Having good policies in place may not always prevent incidents/accidents, injuries, and illnesses, but it can minimize the effects of these problems. Investing in Risk Management strategies on average result in a return on your investment of $5 for every $1 spent. An effective, proactive risk management system can ultimately save you a lot of time, money, and confusion. Consider it an investment in the health not only of your staff but of your company itself. Put strategies and policies in place now, before you need them, and you will be happy you did so if they ever come into play.
By bringing on a risk management service like LandrumHR, you are committing to an overall environment of health and safety. You will be demonstrating to your employees and your clients that worker and workplace safety is important to you and your company. It showcases your dedication and responsibility, vital qualities in an often volatile business world.
There is little to lose by hiring a risk management team, but a lot at stake if you do not address the potential for risk within your business. Protect yourself, your company, your employees, and all of your assets by dealing with risk management today. To learn more about our Fort Walton Beach risk management solutions, contact us at (850) 244-0026.