You are the safety manager for a company that produces widgets in the state of Kentucky. Your business has a solid reputation and is growing and looking to expand to Texas and Georgia in the next few years. The Senior Leadership Team (SLT) wants a better understanding of what insurance coverage they need to have for workers’ compensation moving forward in these three states.
You have partnered with the workers’ compensation manager, and you want to give the SLT a feel for how much money they have spent the past few years and what they should consider for future workers’ compensation insurance coverage. Using information you have learned thus far in the course, make a proposal to the SLT on items they should consider, based on fairly hard facts. Do this by using the OSHA “Safety Pays” Program found here: https://www.osha.gov/dcsp/smallbusiness/safetypays/index.html
Last year, your company had 12 sprains, four cases of carpal tunnel syndrome, one crushing incident, and the loss of vision for three employees. Your company also has a 6.7% profit margin. Your company pays the first $100,000 aggregate for each category of injuries, and then the insurance company pays the rest.
Use the data displayed above, create slides that discuss the following:
Your PowerPoint presentation must be a minimum of eight slides, not counting the title slide or references slides. You must use a minimum of two resources (including the OSHA Safety Pays website) for your presentation. You should include a combination of text and diagrams and pictures if they add value. All in-text citations and references should be displayed in appropriate APA style.
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