This is the second of a two-part series that looks at commercial truck insurance and how carriers can influence their insurability and affect their rates. Part 1, “Rise in truck crashes, large payouts, expected to boost insurance renewal rates this year,” can be found here.
This is the first of a two-part series that looks at commercial truck insurance and how carriers can influence their insurability and affect their rates. Read Part 2, “Leveraging technology to calculate insurance risk, improve the bottom line,” at this link.
Office burnout is a real slippery slope with harmful effects. But what is it exactly? According to the World Health Organization, it is defined as a “state of vital exhaustion.” It is more popularly classified as chronic workplace stress that has not been successfully managed.
While forces affecting the workplace change rapidly—an aging workforce, new work arrangements, and state adoption of medical and recreational marijuana laws—regulatory changes move at a slower pace.
The National Institute for Occupational Safety and Health (NIOSH) usually is at the forefront of workplace safety and health developments. NIOSH Director John Howard, MD, this fall unveiled a new “Future of Work” initiative.
Many employers and employees look forward to celebrating the holiday season and end of the year with their work colleagues at an annual holiday party, which has become a tradition for many companies. No employer wants to be called a Grinch for not participating in the holiday festivities, but the reality is that company-sponsored social gatherings often create more problems for both employers and employees than they’re worth.
A worker is injured on the job every 7 seconds. 12,600 workers are injured on the job every day. And, those injuries are costing companies 104,000,000 lost production days. These stats, courtesy of the National Safety Council, paint a sobering picture of the modern workplace. But, it’s a picture most companies are now attuned to in today’s business landscape.
The combination of artificial intelligence with Internet of Things connectivity is a game-changer for firms that recognize how taking shortcuts on their employees’ safety is a false economy.
According to United Nations agency the International Labor Organization, more than 2.78 million people die each year as a result of occupational accidents or work-related diseases. That’s more than 7,500 people a day. Additionally, 374 million non-fatal work-related injuries occur every year. Together, these incidents are estimated to cost companies almost $3tn.