The Workers’ Compensation Insurance Rating Bureau of California (WCIRB) has released its new report, Does Experience Rating Help Keep Workers Safe? This study is based on over a decade of employers’ loss and payroll experience to evaluate the independent impacts of experience rating on work-related injuries.
The full report is available in the Research section of the WCIRB website and at the following link:
Highlights of the report include:
The WCIRB is hosting a free webinar to discuss this new report. Click on the registration link below to sign up.
Does Experience Rating Help Keep Workers Safe?
Wednesday, March 29, 2023, 10:00 – 11:00 AM PT
In California, the primary statutory goal of experience rating is to provide financial incentives for employers to promote a safe workplace. While most employers pay close attention to experience rating, there is limited research on its effectiveness as a safety incentive. Speakers will summarize the results of their research assessing the impacts of experience rating on claim frequency.
For those unable to attend the live webinar, a recording will be posted in the Research section of the WCIRB website following the event and will be available to all registrants.