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

2018-04-22 By //  by Michael Stack

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Not Enrolled
Price
$129.00
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Course
Materials

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

Expand All
Introduction
Lesson 1 – Biggest Challenges Organizations Face with Metrics (7:03)
Section 1
Lesson 2- Common Top-Line Metrics & Minimum Mod Calculation (12:25)
Quiz Part 1 1 Quiz
Expand
Lesson Content
Metrics: Quiz Part 1
Section 2
Lesson 3 – Metric #1 Cost Per FTE (18:01)
Lesson 4 – Metric #2 – Sales to Pay for Accidents (5:26)
Quiz Part 2 1 Quiz
Expand
Lesson Content
Metrics: Quiz Part 2
Section 3
Lesson 5 – Metric #3 – Lag Time as Leading Indicator (7:46)
Lesson 6 – Metric #4 – Return to Work Ratio, Most Comprehensive Leading Indicator (5:23)
Lesson 7 – Metric #5 – How Many Employee are OOW Right Now (10:44)
Quiz Part 3 1 Quiz
Expand
Lesson Content
Metrics: Quiz Part 3
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