WCMS Overview
In most businesses today, workers compensation premiums represent the second largest employee related cost after wages, yet this area of the business is often the least resourced and most misunderstood, generally because it is not “core” business.
WCMS operates across all states and territories and is the Workers Compensation Service provider of choice to a large number of multi-sited national and state based organisations, and numerous small to medium enterprises.
Workers compensation costs can be an ever increasing expense to employers and are often viewed as both an uncontrollable and unmanageable commercial burden. These costs can have a significant impact both directly and indirectly on any workplace, whether they are small to medium industries, large employers, self insurers or government agencies.
In an ever changing legislative landscape, for any company or organisation to efficiently manage workers compensation in house, staff are required to have exceptionally high levels of expertise to navigate the complex aspects of legislation and compliance, claims management, return to work systems and processes, occupational health and safety management as well as medical intervention and treatment strategies and not to mention working strategically with workers compensation insurers.
Most employers do not have the capacity or resources to recruit, support, retain and mentor specialist staff in workers compensation management. As such, a tailored outsourced solution to reduce premium costs, minimise exposure to risk and manage both legal liabilities and statutory compliance obligations is a naturally viable option many employers are today moving too. WCMS specialises in providing these outsourced solutions.