Unfortunately, you only need to listen to the news to hear about another plant closure in Ontario, such as the recent announcement about the Unilever plant in Bramalea.
Employers in this situation tend to allocate the claims management process to someone that has little knowledge or experience in the field, leaving the leaders of the organization satisfied that ‘someone’ is overseeing their overall absenteeism in the most economical approach.
This is a shortsighted way to manage the ever-challenging dilemma of reducing absenteeism, increasing productivity and protecting finances during the remaining months of business before a plant closure.
Trying to save money on the claims management process can end up being very costly. For example, did you know that WSIB claims can have an additional four years of potential costs post accident date, and that the employer is financially responsible for these claims well beyond the closure date of their organization?
Short-term disability claims have the potential to progress to long-term claims, in most organizations for two years, and then possibly to the age of 65! Ongoing work-related and non-work-related claims could amount to millions of dollars unnecessarily spent while employees struggle to regain meaningful employment.
Fournier Health strongly recommends that organizations who are facing closure of any plant or business strategically address disability and claims management costs by hiring an experienced professional who will address potential future costs. With expertise on site or close by, engaging full-time help is not always necessary and can amount to substantial cost savings for the organization.
Fournier Health has experienced professionals from HR, health and safety, claims, ergonomics, and other related areas to help with your closure. Contact us today to get started.
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