SOURCE: Amaxx, Inc.

July 09, 2008 11:24 ET

Workers' Comp Costs Explode as Economy Weakens -- ReduceYourWorkersComp.com Video Shows How Employers Can Fight Back

MANSFIELD, CT--(Marketwire - July 9, 2008) - Workers' compensation costs are soaring, and it may get worse. According to the 2008 RIMS Benchmarking Survey, the cost per employee for employers with less than $1 billion in revenue rose 28.4% in 2007.

Rising healthcare costs and a weak economy that inspires some workers facing layoffs to fake injuries are among the forces driving costs upward.

Employers fighting skyrocketing costs must take effective action now, says cost-control expert Rebecca Shafer, president of Amaxx, Inc.

"But employers are not helpless," Shafer says. "They can cut their costs dramatically by taking a systematic approach to handling worker injuries and helping injured employees recover and get back on the job sooner."

Shafer, who's devoted her 25-year career to helping employers slash workers' comp costs, has captured best practices in the online Workers' Comp Kit.

Now a new six-minute video reveals some of the cost-control secrets offered by the Kit.

Doing a lot of little things, and a few big things, right makes an enormous difference -- and employers that use these strategies and tactics have cut their costs by 20 percent to 50 percent," she says. "The video provides a quick overview."

View the video at http://www.reduceyourworkerscomp.com/workers-compensation-video.php

For more information, visit www.ReduceYourWorkersComp.com, write Info@WorkersCompKit.com or call 860-553-6604.

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