Navigating the world of workers’ compensation insurance can feel like a daunting task for employers. One crucial factor that often comes into play is the “experience factor,” a numerical representation of an employer’s claims history and risk profile. But did you know that partnering with a reputable staffing agency like Davis can help improve your experience factor and lower your insurance costs?

Let’s Break Down This Connection:

The Power of the Experience Factor

The experience factor serves as a crucial metric used by insurers to determine your workers’ compensation premiums. A lower experience factor indicates a favorable claims history and risk profile, leading to lower insurance rates. Conversely, a higher experience factor can result in higher premiums. It’s a critical component that employers should actively manage to optimize their insurance costs.

How a Staffing Agency Can Make a Difference

Using a staffing agency can be a game-changer when it comes to improving your experience factor. Here’s how:

• Temporary Workers’ Compensation Coverage: When you partner with Davis, we assume responsibility for covering temporary workers under our workers’ compensation policy. This means that we manage any claims related to incidents involving temporary staff, keeping your own claims history unaffected and potentially lowering your experience factor over time.
• Expertise in Risk Management and Safety Practices: At Davis, we’re more than just a staffing agency; we’re your partners in risk management. Our team of experts leverages our industry-leading safety practices and protocols to help minimize workplace incidents and claims. By implementing these best practices, we can further reduce the likelihood of a higher experience factor for your business.

The Davis Difference: Reputable, Safe, and Cost-Effective

At Davis, our commitment to excellence sets us apart. We’re proud recipients of the Safety Standard of Excellence from the National Safety Council, and our experience factors consistently rank among the best in the industry. By partnering with us, you’re not only gaining access to top-tier staffing solutions but also benefiting from our proven track record in improving workplace safety and reducing insurance costs.

Take Your Next Steps with Davis

Ready to take control of your experience factor and lower your insurance rates? Contact Davis today to learn more about how partnering with a reputable staffing agency can make a significant impact on your safety practices and bottom line. Our dedicated team of experts is here to guide you through the process, ensuring a safer, more secure workplace for your employees while saving you money on insurance.