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How to Create and Implement a Workers’ Comp Cost Allocation System

2023-05-31 By //  by Michael Stack

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$129.00
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Course Description

95% of workers’ compensation management is the management of human behavior. This is true for claims, and management of the supervisors and divisions leaders in charge of implementation at the employer site. For decades great companies have understood and implemented best practices to maximize the effectiveness of their internal leaders.

This session will cover the strategies and tactics of motivating participation and engagement in workers’ comp management best practices using the tool of a cost allocation system.

In this session you will learn to:

– Identify the True Drivers of Manager’s (or clients) Behavior
– Use Corporate Structure to Modify Manager ‘Buy-In’ to WC
– Create A Meaningful Cost Allocation System
– Implement a Cost Allocation System in a Step-by-Step Fashion

And more…

WC Mastery Outline - Cost Allocation

Course Content

Introduction
Lesson 1 – It’s Not a Question of How, It’s About Engagement (5:18)
Section 1
Lesson 2 – Results and Rewards Aren’t Always What You Think (22:23)
Quiz Part 1 1 Quiz
Lesson Content
Cost Allocation – Quiz Part 1
Section 2
Lesson 3 – 3 Golden Rules of Cost Allocation (12:39)
Lesson 4 – Full Cost and Lost Time Methods (20:57)
Lesson 5 – Flat Charge Method (7:12)
Quiz Part 2 1 Quiz
Lesson Content
Cost Allocation – Quiz Part 2
Section 3
Lesson 6 – Implementing Cost Allocation
Quiz Part 3 1 Quiz
Lesson Content
Cost Allocation – Quiz Part 3
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