As a business owner, you want your employees to feel valued and protected. One way you can do this is by providing them with workers' compensation insurance, or insurance that provides cash benefits and/or medical care for employees who are injured or become ill as a result of their job.
Not only do these benefits help ease the financial burden on an employee and their family during a difficult time, but they also help your business avoid being held liable for the costs of an employee's medical bills and lost wages. In most states, businesses are required by law to have workers' compensation insurance. Failing to comply with these laws could result in fines and legal action against your business.
If your business needs workers’ compensation insurance, SynchronyHR, a human resources outsourcing (HRO) firm, has you covered. Our organization offers competitive, comprehensive workers’ compensation insurance through an “A”-rated carrier, along with the below services.
Procurement of coverage
Our qualified Risk Management team can help you locate, negotiate, and obtain workers’ compensation coverage.
Elimination of workers’ compensation down payments
Say goodbye to upfront payouts or multiple check issuances to the insurance provider. Business owners can keep their cash flow in check by spending just the necessary amounts for workers’ compensation insurance according to actual wages.
Claims processing and management
Unfortunately, injuries do happen. When that is the case, our risk management professionals will be by your side in reporting, investigating, and managing the claim until a resolution is reached.
Coordination of return-to-work programs
By outsourcing risk management, SynchronyHR can help you coordinate return-to-work (RTW) programs with your injured employees.
Additional risk management services
By partnering with SynchronyHR for workers’ compensation insurance, business owners can also add on other safety-related services including help with safety manuals, safety meetings, worksite safety inspections, OSHA compliance, and more.
SynchronyHR provides the resources necessary to protect your employees, minimize loss, and improve your organization's overall efficiency and productivity. If your organization could benefit from acquiring or renewing workers’ compensation insurance, or obtaining access to other risk management services, get in touch with us through our contact page.