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How prepared are workers’ compensation systems for COVID-19?

Workers' Compensation Perspectives

Regardless of the workers’ compensation model (private insurance, competitive state fund, exclusive state fund), every insurer has to prepare for the unexpected. As noted in my last post, the COVID-19 event most certainly is a rare event and just as assuredly will result in accepted workers’ compensation claims.

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10 Questions You Should Ask Your Retirement Plan Provider

Insperity

From Simplified Employee Pension plans to 401(k)s to defined benefit plans, retirement plans come in many forms. After all, it’s your employees’ future. Before picking one provider, make sure to ask these crucial questions. Do they offer the type of plan you’re looking for? . Many times a provider will offer more than one type of plan.

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Extrinsic Motivation: All You Need To Know

Vantage Circle

A study by Bateman & Crant; 2003, Lepper, Corpus, & Iyengar; 2005 have addressed this issue. Workers in a factory are working overtime to get more bonus. They can be pension benefits, paid leaves, etc. They found that no remarkable negative relationship between extrinsic and intrinsic motivation has been observed.

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Top Ten Priorities for Workers’ Compensation Benefit Reforms

Workers' Compensation Perspectives

Workers’ compensation “reforms” are typically focused on reducing employer costs. Enacted reforms often result in restrictions that limit rather than enhance benefits to workers. Sadly, even the minimum levels recommended by that report are often missing from current workers’ compensation statutes.