article thumbnail

Using Contract Skilled Labor Can Reduce Workers’ Compensation Risk—Here’s How

Pro Builder

Using Contract Skilled Labor Can Reduce Workers’ Compensation Risk—Here’s How. Using a staffing company can help employers lower workers' compensation risk while still meeting project workload demands and customer deadlines. Jobsite Safety. Jobsite Safety. Thu, 11/10/2022 - 10:44. Labor + Trade Relations.

article thumbnail

Lower Workers' Compensation Costs by Having a Plan

Pro Builder

Lower Workers' Compensation Costs by Having a Plan. Having comprehensive plans in place are the most impactful way to mitigate workers’ compensation costs, says the National Association of Home Builders. Some incidents cannot be prevented, such as accidents that even builders with a safety-first mentality encounter. cbroderick.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to File a Lawsuit After an Injury At a Construction Site?

Construction Marketing

This defense is often used in cases where the worker was not provided with proper safety equipment or where the worker did not follow safety protocols. For example, the company could argue that your negligence contributed to your injuries if you were not wearing proper safety gear or not following safety protocols.

Injury 253
article thumbnail

Incentive-Based Safety Programs

Construction Business Owner

For years, safety and risk managers have been searching for a magic elixir in their quest to answer the construction industry’s age-old riddle: What can we do to keep our workers’ compensation costs down while still keeping safety awareness high and workers engaged?

Safety 120
article thumbnail

Key Financial & Safety Metrics for Subcontractor Qualification 

Autodesk Construction Cloud

Extracting key ratios from financial statements and safety metrics from OSHA filings allows builders to gauge a subcontractor’s short-term and long-term health — and empower estimators with the data they need to make more informed bidding decisions. . SAFETY RATES & METRICS . Formula: Net Income / Total Revenue .

Safety 94
article thumbnail

Top 8 Construction Health and Safety Hazards — and Ways to Protect Your Jobsite

Levelset

By the same token, many potential situations pose risk to the health and safety of your employees and others working on the jobsite. Here’s an overview of eight of the top safety and health hazards in construction — and some preventive measures you can take to avoid these risks. . Electrocution.

Safety 52
article thumbnail

Factors to Know About Crane and Rigging Insurance

Construction Marketing

Fortunately, crane and rigging insurance provide protection and compensation. Crane and rigging insurance is a safety net that protects contractors who use heavy machines , such as cranes, bulldozers, and excavators, for lifting and installations. Physical damage – This policy compensates for the value of a physically damaged crane.

Insurance 167