Mark Stipic WorkCover Consultant in Frankston, Victoria | Consultation agency

Mark Stipic WorkCover Consultant

Locality: Frankston, Victoria

Phone: +61 409 964 769

Address: 1 Keys Street 3199 Frankston, VIC, Australia

Website: https://www.markstipic.com.au

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25.01.2022 Employers: You need to be aware that your workers cant lodge a WorkCover claims for bullying per se. However, employees can lodge claims for mental health or physical injuries arising as a result of bullying. The key difference is that, for a WorkCover claim to be accepted, there must be a medical condition present. #WorkCover #insurance #risk #WorkSafe #finance #OHS #safety #Leadership #Management

25.01.2022 "Mark delivered training to our managers, improving their skills and knowledge to support the company’s goal of reducing injuries." -Patricia Moore, OHS / RTW Coordinator, PremiumOz

23.01.2022 "What a fantastic niche summit serving the industry and workplace at large. Mark you know your stuff, communicate it clearly, genuinely care for people and demonstrate the dollars and cents case for RTW. By offering such a valuable free resource, you are improving the lives of those who are under the care of your motivated listeners.... Thank you and keep it up!" Sally McMahon, Fit For Work Australia

23.01.2022 Does your business engage any contractors? Be aware that WorkSafe might consider them to be a deemed worker. And if your contractor is in fact a deemed worker, then your business could be liable to pay WorkCover insurance on payments made to them. Plus they may be eligible to lodge a claim against you. This is a complicated area of business and I meet many employers who have gotten it wrong and received heavy penalties. Ill share WorkSafes guidelines on contractors and wo...rkers below and for a confidential conversation, dont hesitate to reach out to me. https://www.worksafe.vic.gov.au//contractors-and-workers-g

22.01.2022 WorkCover that Works is the only book that shows you how to: - pay the lowest possible WorkCover premium - prevent injury claims - craft claims strategies that achieve the desired outcomes - create a culture where workers collaborate on safety and want to get back to work after an injury.... Check the comments for the link. #WorkCover #insurance #risk #WorkSafe #finance #OHS #safety #Leadership #Management

22.01.2022 WorkCover premium renewal notices reveal the early indicators of problems within your business. You must measure your performance using a variety of metrics including those measured from within your business and others measured by agencies receiving financial information about you, such as WorkSafe Victoria. Employers paying more than $200,000 in rateable remuneration (basically, labour costs) per year are performance-rated by WorkSafe who assigns them an employer performance... rating (EPR). The EPR changes each year and gives you information about how your business compares with others in your sector. The EPR is one metric employers should track. A good EPR can even be flaunted during business proposals to give your business an edge over the competition! I wrote an article answering the most common questions employers ask me about WorkSafe's employer performance rating. Read more here ----- https://www.linkedin.com//how-benchmark-your-companys-wor/

21.01.2022 WorkCover insurance has a 'buyout option' allowing employers the choice to avoid paying the excess on a claim in exchange for higher premiums. But which employers should take up this feature? How do you decide if it's right for your business? https://www.linkedin.com//truth-buyout-option-your-workco/... #WorkCover #insurance #risk #WorkSafe #finance

21.01.2022 "WorkSafe offers employers *some* protection against sudden increases in your WorkCover premium caused by claims costs or fluctuating industry rates: increases in your premium rate are capped at 30% per year. Don’t let capping make you complacent. Yes, it can reduce the impact a claim has on next year’s premium. But there is no limit to how many times your premium can increase by 30%. And in my opinion, a 30% increase on any business expense is massive. A WorkCover claim will... affect your premium for up to three years. Therefore, a single injury could drive a compounding 30% increase through three consecutive premium calculations. That claim could more than double your annual WorkCover premium! #WorkCover #insurance #risk #WorkSafe #finance #OHS #safety #Leadership #Management #HR #HumanResources"

21.01.2022 "There is a fine line between a health issue and work-related injury. Its easy for a personal injury to become work-related. Its hard for employers to disprove WorkCover claims. Employers must have an overarching strategy and vision in place long before their employee is hurt. ... Make sure health and wellbeing issues are managed early and effectively, leading to fewer WorkCover claims. Dont ignore the warning signs and wait until the worker lodges a claim before acting or youll find yourself, at best, in damage control. #WorkCover #insurance #risk #WorkSafe #finance #OHS #safety #Leadership #Management"

21.01.2022 "There is a fine line between a 'health issue' and 'work-related injury'. It's easy for a personal injury to become work-related. It's hard for employers to disprove WorkCover claims. Employers must have an overarching strategy and vision in place long before their employee is hurt. ... Make sure health and wellbeing issues are managed early and effectively, leading to fewer WorkCover claims. Don't ignore the warning signs and wait until the worker lodges a claim before acting or you'll find yourself, at best, in damage control. #WorkCover #insurance #risk #WorkSafe #finance #OHS #safety #Leadership #Management"

21.01.2022 "CMR more than halved its WorkCover premium during the time I worked with Mark. He helped us understand things we never knew about how the system works, why our premium was getting out of hand, and what to do about it." Chris Adamidis, National Safety & Return to Work Manager, CMR Personnel

21.01.2022 "We were recently lucky enough to have Mark present to our members in our webinar program. Mark is an engaging speaker, sharing important lessons from his experience, and providing valuable content to the industry." Dr. Mary Wyatt... Occupational Physician & Editor of Return To Work Matters See more

20.01.2022 [INFOGRAPHIC] Work injuries are estimated to cost Australia $60 billion per year - thats 4.8% of GDP! A study by the Institute for Safety Compensation and Recovery Research (ISCRR) published in 2016 compared the performance of 8 Australian workers comp jurisdictions, revealing a number of surprising findings. Its interesting to see how each jurisdiction compares, although Im mindful that these results show they are all different and not necessarily better or worse.... I created an infographic so you can see how your state compares with the rest of the country. https://markstipic.com.au/how-long-do-people-receive-worke/ #WorkCover #insurance #risk #WorkSafe #finance"

20.01.2022 WorkCover that Works is the book that shows you how to: - pay the lowest possible WorkCover premium - prevent injury claims - craft claims strategies that achieve the desired outcomes... - create a culture where workers collaborate on safety and want to get back to work after an injury. WorkCover that Works is out now! Get your copy here https://markstipic.com.au/book/.

19.01.2022 "As a business owner of 14 different companies over 25 years, I understand that a business is people: the rewards from looking after them, and also the risks by not managing them. WorkCover is the elephant in the room for directors and their leadership teams. In many cases it is ignored in the hope that claims dont arise. But the cost associated with claims is an uninsurable risk, even if many dont realise it. Congratulations, Mark, on writing a much-needed book on a very... complex topic a book that clearly explains to business owners, directors and leaders the obligations and risks, and what to do about them, in simple, plain English. The message is clear: proactively manage the system and the costs, or unforeseen claims can have drastic financial and emotional consequences. Mark is the person who can show you how to effectively manage the risks and help build a people first culture." -Philip Coombs, Business Owner at ProfitHQ

19.01.2022 "Mark was easy to understand and overall the summit was very informative and applicable to me and my line of work. I wished it was free so I could access the videos later." Pamela, Comcare

18.01.2022 "Since meeting Mark earlier this year, he has continued to impress me with his expertise and the impressive outcomes he achieves for his clients. Mark really is a strategic problem solver and someone to whom I would not hesitate to refer my clients. Importantly, Mark has the ability to explain all matters related to WorkCover and workplace employment issues clearly and concisely." Emma Simpson, Senior Associate, Rigby Cooke Lawyers

17.01.2022 There is a fine line between a health issue and work-related injury. Its easy for a personal injury to become work-related. Its hard for employers to disprove WorkCover claims. Employers must have an overarching strategy and vision in place long before their employee is hurt.... Make sure health and wellbeing issues are managed early and effectively, leading to fewer WorkCover claims. Dont ignore the warning signs and wait until the worker lodges a claim before acting or youll find yourself, at best, in damage control. #WorkCover #insurance #risk #WorkSafe #finance #OHS #safety #Leadership #Management

17.01.2022 "Mark Stipic saved our business a large amount on our WorkCover premiums. Mark is the go-to expert for all things WorkCover, from preventing workplace injuries to handling claims and everything in between. He has even written an easy-to-understand book on WorkCover. I cant recommend Mark highly enough." Olivia de Sousa Feres Officeway Office National Dandenong

17.01.2022 "I'm a business owner and have consulted Mark Stipic on a number of occasions on WorkCover issues over the last 6 months. Mark has always helped with prompt, concise, and reliable information, helping me to run my business with minimal stress. Plus his book, "WorkCover that Works", is an absolute ripper, easy to read and understand."... Christian Varney, Chiropractor, Wellness Chiropractic

17.01.2022 "Mark is very experienced at managing WorkCover. He helped us keep our claims and premium under control in a tough manufacturing environment with a strong union presence and difficult employees. Mark helped us to adopt a self-insurance approach to injury management giving us more management control and significant cost savings." Mel Wynne, RTW & Payroll Manager, Tieman

16.01.2022 "The costs attached to WorkCover claims lodged against your business are used in determining your WorkCover premium. Some employers will experience premium increases that significantly outweigh the actual amounts paid on the claim, even if it’s the first claim they’ve ever had. I wrote an article revealing which employers are affected by fluctuating claims costs, which claims are included and how these costs determine the premium you’ll ultimately pay. Read more here ----- h...ttps://www.linkedin.com//how-workcover-claims-costs-impa/ #WorkCover #insurance #risk #WorkSafe #finance #OHS #safety #Leadership #Management #HR #HumanResources"

15.01.2022 "I always enjoy working with Mark on new projects and gaining his advice. Mark's extensive industry experience from different sides of the Workers Compensation Industry has meant he is able to identify current industry issues and how innovative tools like the Judgment Index can help" Petrina Scott, Judgment Index Australia

15.01.2022 Employers: You need to be aware that your workers can't lodge a WorkCover claims for 'bullying' per se. However, employees can lodge claims for mental health or physical injuries arising as a result of bullying. The key difference is that, for a WorkCover claim to be accepted, there must be a medical condition present. #WorkCover #insurance #risk #WorkSafe #finance #OHS #safety #Leadership #Management

14.01.2022 One of my most popular consulting services is my WorkCover Refund Audit. I review my clients’ WorkCover policies, reducing the amount of premium they must pay while ensuring compliance. The reason it’s so popular is that we end up reducing the liability for our clients, often getting them refunds on prior years’ overstated premiums. Plus, we perform this service on a success fee basis, meaning that if our client doesn’t get a refund, we don’t charge a fee. If you want to turn... your WorkCover premiums into profits there are 3 simple steps that anyone involved in the finance or accounting aspect of your business can take to start saving now. 1. Brush up on rateable remuneration inclusions and exclusions 2. Review your classification 3. Check your performance vs your industry competitors I wrote an article that expands on each of these - check the link below. https://www.linkedin.com//workcover-premium-reduction-3-s/ #WorkCover #insurance #risk #WorkSafe #finance

14.01.2022 [INFOGRAPHIC] Work injuries are estimated to cost Australia $60 billion per year - that's 4.8% of GDP! A study by the Institute for Safety Compensation and Recovery Research (ISCRR) published in 2016 compared the performance of 8 Australian workers comp jurisdictions, revealing a number of surprising findings. It's interesting to see how each jurisdiction compares, although I'm mindful that these results show they are all 'different' and not necessarily 'better' or 'worse'.... I created an infographic so you can see how your state compares with the rest of the country. https://markstipic.com.au/how-long-do-people-receive-worke/ #WorkCover #insurance #risk #WorkSafe #finance"

13.01.2022 "WorkCover that Works is the only book that shows you how to: - pay the lowest possible WorkCover premium - prevent injury claims - craft claims strategies that achieve the desired outcomes... - create a culture where workers collaborate on safety and want to get back to work after injury. WorkCover that Works is out now! Check the link below. https://markstipic.com.au/book/

13.01.2022 WorkCover insurance has a buyout option allowing employers the choice to avoid paying the excess on a claim in exchange for higher premiums. But which employers should take up this feature? How do you decide if its right for your business? https://www.linkedin.com//truth-buyout-option-your-workco/... #WorkCover #insurance #risk #WorkSafe #finance

13.01.2022 The primary variables used in calculating your WorkCover premium are not all that complicated. The size of your labour costs correlates to the size of your WorkCover premium. So hiring lots of people or paying them high wages will lead to higher WorkCover premiums. And hazardous industries attract a higher premium than those with a minimal risk of injuries. In high-risk environments, it is more likely that workers will sustain injuries, and that those injuries could be seve...re. These employers will pay a higher premium than those in safer industries. Lastly, if you have claims, the costs attached to them correlate to premium fluctuations. High claims costs could push your premium rate up by the maximum allowable amount per year (30%). Low or no claims costs could see you paying less than the average in your industry, giving you a competitive advantage over other businesses in your sector.

13.01.2022 Many employers simply don't understand what 'buyout' means to their WorkCover insurance, nor do they know how to decide if it's right for their business or not. I prepared an article that reveals what you need to know to avoid throwing profits down the drain. https://www.linkedin.com//truth-buyout-option-your-workco/ #WorkCover #insurance #risk #WorkSafe

12.01.2022 "I always enjoy working with Mark on new projects and gaining his advice. Marks extensive industry experience from different sides of the Workers Compensation Industry has meant he is able to identify current industry issues and how innovative tools like the Judgment Index can help" Petrina Scott, Judgment Index Australia

11.01.2022 "The employer is the most important factor in the outcome of work-related injury or illness and the most overlooked. Mark has filled that void by creating an easy-to-understand guide to all things WorkCover, written for the employer. He includes practical help with premiums, return to work, and the employers decision-making processes. Moreover, he does it in a straight-talking style that sounds like a conversation with a wise friend."... Robert Aurbach, Uncommon Approach

10.01.2022 "Congratulations, Mark, on writing a much-needed book on a very complex topic a book that clearly explains to business owners, directors and leaders the obligations and risks, and what to do about them, in simple, plain English. The message is clear: proactively manage the system and the costs, or unforeseen claims can have drastic financial and emotional consequences. Mark is the person who can show you how to effectively manage the risks and help build a ‘people first’ culture." Philip Coombs, ProfitHQ

10.01.2022 "This book is a must-read for all employers and HR managers. Mark has taken a frustrating and complicated topic and made it interesting and easy to understand. WorkCover that Works is for those who feel overwhelmed by WorkCover, providing practical advice on how to overcome any WorkCover challenge. The guidebook to WorkCover you have always wanted is finally here." Olivia de Sousa-Ferres, Officeway Office National

10.01.2022 Allianz, CGU, Gallagher Bassett, EML and Xchanging are not 'WorkCover insurers' in Victoria. They are 'agents of WorkSafe' and there's a big difference. Check out this article which reveals why this distinction matters and what you should expect from these third-party administrators. https://www.linkedin.com//defence-worksafe-agents-aka-ins/

09.01.2022 Many employers simply dont understand what buyout means to their WorkCover insurance, nor do they know how to decide if its right for their business or not. I prepared an article that reveals what you need to know to avoid throwing profits down the drain. https://www.linkedin.com//truth-buyout-option-your-workco/ #WorkCover #insurance #risk #WorkSafe

08.01.2022 Myth: WorkCover insurance will protect my business from the costs of an injury claim The reality: Some employers will experience premium increases that significantly outweigh the actual amounts paid on the claim If your business pays over $200,000 rateable remuneration (which is basically WorkSafes term for labour costs) then the costs paid on your WorkCover claims will be used in calculating your premium. If you have higher claims costs than the average for your industry,... you can expect to payer higher than the average rate applied to your sector. Having worked with hundreds of employers in many different industries I have observed that the system doesnt treat every business fairly. Generally, small businesses in low-risk industries (eg. A local real estate agency) will be well protected from the costs of a claim. But medium-to-large employers, especially those in higher-risk industries, often experience premium increases that outweigh the actual costs paid on a claim. $10,000 paid to an injured worker could result in a $40,000 additional premium over the life of the claim. I cover this topic in my book WorkCover that Works in the section on sizing factor. If your business pays over $1 million in labour costs, this book is a must-read.

08.01.2022 "The best thing about working with Mark is always having someone to call and knowing there is a strategy to manage any WorkCover case. Mark delivered training to our managers, improving their skills and knowledge to support the companys goal of reducing injuries." Patricia Moore, OHS / RTW Coordinator, PremiumOz

08.01.2022 Business owners who have experienced a WorkCover claim often find themselves tearing their hair out because their WorkCover insurance and case manager arent behaving the way they expect them to. The claims process feels sluggish and their premiums begin climbing significantly. Only after Ive lifted the curtain for these employers on how WorkCover really works do they realise their biggest mistake was presuming the system would guide and protect them the same way their other... business insurances do. The WorkCover system isnt perfect and it will never please everyone, but as Albert Einstein said, we shouldnt judge a fish by its ability to climb a tree. Similarly, we shouldnt judge WorkCover insurance based on our experiences and expectations regarding other types of insurance. The first step to taking control of your WorkCover situation is understanding what youre actually dealing with. I wrote an article highlighting 5 ways WorkCover is different to other types of business insurance. The link is in the comments below. https://www.linkedin.com//how-workcover-claims-costs-impa/ #WorkCover #insurance #risk #WorkSafe #finance

08.01.2022 Question: When an injured worker is off work and receiving WorkCover benefits, do they accrue annual leave? Old answer: No. New answer: Yes. Read this article to find out what changed in Victoria and how it impacts your business.... https://www.linkedin.com//annual-leave-accrual-while-work/ #WorkCover #insurance #risk #WorkSafe #HR #HumanResources

07.01.2022 On 1 July 2020, the Victorian Government reminded workplaces that with strict new legislation, Workplace Manslaughter is now a criminal offence. Workplace Safety Minister Jill Hennessy said, If the negligence of an employer costs someone their life, they will be charged and will go to jail that’s the law now. The offence applies to employers, self-employed individuals, and ‘officers’. It also applies when negligent action by an employer causes the death of a member of the... public. In addition, the Government is fulfilling its pledge to reform occupational safety in Victoria by widening the requirements that describe workplace death. https://markstipic.com.au/employers-be-warned-workplace-ma/

07.01.2022 "Reading this book felt like having a personal conversation with Mark about managing WorkCover, as the topics build into a steady flow of advice. He speaks directly to business owners on a topic that is overwhelming for many but neednt be. Victorian businesses have needed a book like this for a very long time." Kevin Jones, SafetyAtWorkBlog

07.01.2022 "Im a business owner and have consulted Mark Stipic on a number of occasions on WorkCover issues over the last 6 months. Mark has always helped with prompt, concise, and reliable information, helping me to run my business with minimal stress. Plus his book, "WorkCover that Works", is an absolute ripper, easy to read and understand."... Christian Varney, Chiropractor, Wellness Chiropractic

07.01.2022 Most employers assume they pay their WorkCover premium to their WorkSafe agent. But as Ive explained in the past, that is not the case. You pay it to WorkSafe, which then remunerates your agent. I wrote an article revealing how WorkSafe agents are paid. Have a read if you want to understand their KPIs and how they could affect your business. https://www.linkedin.com//how-worksafe-agents-paid-mark-s/

06.01.2022 "It is refreshing to meet such a passionate person who is willing to educate Australian employers on such an important topic. He is extremely generous with the knowledge that he shares in his book, Workcover That Works. I regularly open conversations with people that I meet about Mark's services because I know that I can trust the advice that he gives." -Krys Sutton, Founder, Ravel Solutions

06.01.2022 There is a fine line between a 'health issue' and 'work-related injury'. It's easy for a personal injury to become work-related. It's hard for employers to disprove WorkCover claims. Employers must have an overarching strategy and vision in place long before their employee is hurt.... Make sure health and wellbeing issues are managed early and effectively, leading to fewer WorkCover claims. Don't ignore the warning signs and wait until the worker lodges a claim before acting or you'll find yourself, at best, in damage control. #WorkCover #insurance #risk #WorkSafe #finance #OHS #safety #Leadership #Management

05.01.2022 There is a fine line between a 'health issue' and 'work-related injury'. It's easy for a personal injury to become work-related. It's hard for employers to disprove WorkCover claims. Employers must have an overarching strategy and vision in place long before their employee is hurt. ... Make sure health and wellbeing issues are managed early and effectively, leading to fewer WorkCover claims. Don't ignore the warning signs and wait until the worker lodges a claim before acting or you'll find yourself, at best, in damage control. #WorkCover #insurance #risk #WorkSafe #finance #OHS #safety #Leadership #Management"

05.01.2022 Here is the list of VIC Stage 4 closures and restrictions by industry https://www.documentcloud.org//7012346-Melbourne-coronavir

05.01.2022 "WorkCover that Works is an engaging and insightful book that explains the underlying mechanics of how the WorkCover system functions. Most importantly, this book differentiates itself by illustrating how an employer can best manage all the elements surrounding WorkCover in their business. It is clear Marks wide experience and knowledge has enabled him to provide an honest and frank discussion that not only empowers the employer with the necessary tools but also provides the confidence to build a successful culture management system. Ultimately, this book will help you set a foundation for a safer workplace, minimizing the risk and cost to your business. This easy-to-read, educational toolkit is a must-have for any employer." Chris Schreurs, Director, Schreurs & Sons

04.01.2022 WorkCover that Works is OUT NOW. To celebrate the books launch - and for a limited time - buy the book now and youll receive a bonus 3-part video training series. This book is a how-to guide for employers who want to reduce their injuries, claims and WorkCover premiums. Its been described as easy-to-read and a must-have for any employer. GET YOUR COPY HERE: http://markstipic.com.au/book/ I appreciate your support!... - Mark See more

04.01.2022 Does your business engage any contractors? Be aware that WorkSafe might consider them to be a 'deemed worker'. And if your contractor is in fact a deemed worker, then your business could be liable to pay WorkCover insurance on payments made to them. Plus they may be eligible to lodge a claim against you. This is a complicated area of business and I meet many employers who have gotten it wrong and received heavy penalties. I'll share WorkSafe's guidelines on contractors and wo...rkers below and for a confidential conversation, don't hesitate to reach out to me. https://www.worksafe.vic.gov.au//contractors-and-workers-g

04.01.2022 If you want to turn your WorkCover premiums into profits there are 3 simple steps that anyone involved in the finance or accounting aspect of your business can take to start saving now. 1. Brush up on rateable remuneration inclusions and exclusions 2. Review your classification 3. Check your performance vs your industry competitors... I wrote an article that expands on each of these, check the link below. https://www.linkedin.com//workcover-premium-reduction-3-s/ #WorkCover #insurance #risk #WorkSafe #finance

04.01.2022 Due to our growing client base, we are seeking to appoint a Senior Consultant experienced in WorkCover premiums, claims and workplace injury management. Check the link below to apply. https://www.seek.com.au/job/50532828

03.01.2022 "Its so important to work with experienced professionals, particularly when seeking advice regarding compliance-related matters. Marks expertise makes him an industry specialist I wouldnt hesitate in recommending to my clients, to remove the unnecessary stress, complexity and costs around navigating WorkCover insurance, and a go-to for practical advice and support for all WorkCover related matters." Renee Hill, Financial Controller, Eligo Consulting

03.01.2022 Employers: When you manage your WorkCover claims well (or you have no claims), you keep your claims costs down. This correlates with premium savings. This article answers the most common questions employers ask me about their claims costs. https://www.linkedin.com//how-workcover-claims-costs-impa/ #WorkCover #insurance #risk #WorkSafe #HR #HumanResources #Management #Leadership

02.01.2022 WorkCover that Works is an easy-to-understand guide for employers on how your WorkCover premium is calculated, how the system really works, and how claims can affect you. It's been decscribed as a must-have tool for any employer and the book that Victorian employers have waited a long time for. Get your copy today! Click the link below. #WorkCover #insurance #risk #WorkSafe #finance #OHS #safety... Here's where you can grab the book in paperback or ebook format --- https://www.linkedin.com/pulse/workcover-works-mark-stipic/

02.01.2022 "Mark Stipic has truly cemented himself as the The WorkCover Guy, producing a book for anyone in business connected to or thinking about WorkCover issues. Mark helps make sense of this complex space, deliberately refraining from merely telling you what you need to do. Instead, this book will enable you to plan and decide what is best for you, your business and your people. The human condition is ever-changing, so there is no one-size-fits-all solution when it comes to manag...ing, leading and supporting people in the workplace. Mark has delivered something in the WorkCover space that recognises this, offering a framework that can be adapted to any situation or challenge." Rae Bonney, Workplace Mental Health Specialist, Mens Issues Advocate

02.01.2022 WorkSafe offers employers *some* protection against sudden increases in your WorkCover premium caused by claims costs or fluctuating industry rates: increases in your premium rate are capped at 30% per year. Dont let capping make you complacent. Yes, it can reduce the impact a claim has on next years premium. But there is no limit to how many times your premium can increase by 30%. And in my opinion, a 30% increase on any business expense is massive. A WorkCover claim will ...affect your premium for up to three years. Therefore, a single injury could drive a compounding 30% increase through three consecutive premium calculations. That claim could more than double your annual WorkCover premium! #WorkCover #insurance #risk #WorkSafe #finance #OHS #safety #Leadership #Management #HR #HumanResources

02.01.2022 WorkCover that Works is OUT NOW. To celebrate the book's launch - and for a limited time - buy the book now and you'll receive a bonus 3-part video training series. This book is a how-to guide for employers who want to reduce their injuries, claims and WorkCover premiums. It's been described as 'easy-to-read' and 'a must-have for any employer'. GET YOUR COPY HERE: http://markstipic.com.au/book/ I appreciate your support!... - Mark See more

02.01.2022 Interpersonal issues in the workplace can lead to some of the most complex WorkCover claims around and should be dealt with early and effectively. "...merely encouraging people to shake hands, apologise and go back to working together simply doesnt cut it Much better outcomes can be achieved, and total costs minimised, when organisations use compentent consultants and investigators who understand organisational dynamics and take a balanced, pragmatic approach." The above q...uote is from the article linked in the comments below. #WorkCover #insurance #risk #WorkSafe #finance #OHS #safety

01.01.2022 Most employers assume they pay their WorkCover premium to their WorkSafe agent. But as I've explained in the past, that is not the case. You pay it to WorkSafe, which then remunerates your agent. I wrote an article revealing how WorkSafe agents are paid. Have a read if you want to understand their KPIs and how they could affect your business. https://www.linkedin.com//how-worksafe-agents-paid-mark-s/

01.01.2022 Allianz, CGU, Gallagher Bassett, EML and Xchanging are not WorkCover insurers in Victoria. They are agents of WorkSafe and theres a big difference. Check out this article which reveals why this distinction matters and what you should expect from these third-party administrators. https://www.linkedin.com//defence-worksafe-agents-aka-ins/