A business that successfully controls and reduces workers’ compensation cost over time is a well-managed company.
Allied has adopted the insurance industry’s “Best Practices” in order to successfully control and reduce workers’ compensation cost.
The Best Business practices are those processes, systems, values and programs a company employs to achieve profit while protecting its employees from work related safety hazards. Allied uses methods to communicate, manage, and reward it employees that are directly related to good safety practices. The five business practices that are linked specifically to workers’ safety cost drivers are management, supervisory, human resources, training, and injury management.
Allied’s Safety Coordinator is responsible for identifying on-site safety, health hazards, safety training requirements, and for coordinating resources to correct those hazards. Resources available to the Safety Coordinator include the client owner and management, Allied Risk Management, Insurance Carrier Risk Management function, and other outsourced specialized resources as needed. Allied has established a written, comprehensive Loss Prevention Plan that can be modified to each of its client work locations. This plan will include hazard identification, training requirements, on-site inspection requirements, accident / incident investigation procedures, and substance abuse policy.