In construction, injuries happen, but that doesn’t mean you can’t control the cost. Rising workers’ compensation premiums often follow a pattern of frequent or severe injuries, which are usually preventable with the right systems in place. Fortunately, contractors can reduce costs by building a competency-based safety program.
5 Ways to Lower Workers’ Compensation Costs in Construction
- Develop OSHA-Compliant Safety Programs
Start by creating written programs that meet or exceed OSHA standards. Address common issues like fall protection, PPE usage, and lifting techniques. A solid safety plan is not only required, it reduces incidents and fines. - Integrate Safety into Daily Operations
Safety can’t live in a binder. It needs to be part of the job site culture. Train foremen to lead by example, reinforce daily safety checks, and make it clear that safe practices are an expectation, not a suggestion. - Investigate All Incidents – Even Minor Ones
Many companies ignore “first-aid-only” injuries, but those minor issues often highlight patterns that lead to bigger problems. Investigate every incident to find the root cause, and adjust your training or procedures to prevent reoccurrence. - Train for Competence, Not Just Compliance
The goal of training should be competence, not just box-checking. Employees and supervisors must be fully prepared to do their jobs safely and efficiently. When your crew knows the risks and how to manage them, claims go down. - Audit and Improve
A safety program is only as strong as its last update. Regular audits keep safety policies relevant and effective, ensuring continuous improvement and cost control.
Why It Matters
- Lower claims = lower premiums
- Fewer incidents = better productivity and morale
- Better safety = stronger reputation and retention
Get Started Today
If your workers’ comp rates are too high or if you’re just ready to get ahead of rising costs, consider a full review of your safety program.
McHugh Insurance Group can help you implement solutions that make sense for your team and your bottom line.
Posted in Business Insurance