Hiring and Workers’ Compensation Cost

The opportunity to hire new workers can be an exciting time for any company, offering the potential to add someone with new skills or to fill a vacated position. But the U.S. Bureau of Labor Statistics reports that workers with only one year of experience, who represent 25% of the workforce, have 34% of lost-time claims and costs. Thus, it’s critical for companies to utilize pre-screening tools and pre-employment testing to identify candidates’ potential liabilities or likelihood for workers’ compensations claims.