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How to Measure Workers’ Comp Success w/ 5 Critical Metrics

2022-04-22 By //  by Michael Stack

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$129.00
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Course Description

5 Critical Metrics make management understand the value of workers’ compensation management. 5 Critical Metrics keep management committed over time. 5 Critical Metrics measure the success or failure of your workers’ compensation program.

We will cover the calculation and application of 5 Critical Metrics to address:

– Workers’ comp viewed as a cost of doing business
– Getting management to understand the value of return to work
– Convincing policyholders to embrace a worker recovery program
– Lack of informed and effective employer involvement in WC claims issues
– Stakeholder apathy
– Managers and supervisors not taking seriously their duty to protect workers

And more…

WC Mastery Outline -How to Measure Workers’ Comp Success w/ 5 Critical Metrics

2-Page Cheat Sheet - The 5 Critical Metrics to Measure Workers' Comp Success

Course Content

Introduction
Lesson 1 – Drowning in Information & Starving for Meaning (5:22)
Section 1
Lesson 2 – Why Metrics Are Important & Top-Line Data (5:33)
Quiz Part 1 1 Quiz
Expand
Lesson Content
Metrics: Quiz Part 1
Section 2
Lesson 3 – Cost Per FTE (20:00)
Lesson 4 – Incident Rates (12:22)
Quiz Part 2 1 Quiz
Expand
Lesson Content
Metrics: Quiz Part 2
Secton 3
Lesson 5 – Lag Time (12:13)
Lesson 6 – Return to Work Ratio & How Many EE Out of Work Now (17:31)
Lesson 7 – High Impact Claims (8:51)
Lesson 8 – Sales To Pay For Accidents (8:40)
Quiz Part 3 1 Quiz
Expand
Lesson Content
Metrics: Quiz Part 3
Lesson 9 – Define Your Goal & Your Audience (2:21)
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