TeksTalks
The Cost of Absenteeism to Your Business
In any business, a certain amount of absenteeism is unavoidable – people do get sick and there are times when employees will be required to take time off; however, when absenteeism...
Ontario Employers’ Right to Request Independent Medical Examinations
Almost all employers have been faced with at least one WSIB claim that leaves them questioning if there is something more that they could do. Their concerns often surround the level...
How does mental illness impact worker’s compensation?
Is your organization prepared for the changes to worker’s compensation as it relates to mental health? In the past, employees in Canada would only receive benefits for mental health...
WSIB’s Proposed Rate Framework Changes: A 3-Step Approach in Determining Employer Premiums
The Workplace Safety & Insurance Board has proposed changes to the premium rate setting model used in Ontario. Currently, the WSIB uses either NEER, CAD-7 or MAP experience rating...
When is the right time for an employee to return to work after a disability?
When an employee returns to work after a disability, it can be a stressful time for both employer and employee as they navigate the challenges of their new reality. Employers may be...
*UPDATED* CHANGES TO WSIB’S WORK-RELATED MENTAL STRESS POLICY – IS YOUR BUSINESS READY?
Over the past few years, the importance of mental health has gained some much-deserved attention both in the media and by our policy makers. The Workplace Safety and Insurance Board...
*UPDATED* FULL ARTICLE | CHANGES TO WSIB’S WORK-RELATED MENTAL STRESS POLICY – IS YOUR BUSINESS READY?
Introduction & Background The Workplace Safety and Insurance Board (WSIB) conducted consultations into Work-Related Mental Stress policies. The WSIB has undertaken to expand the...
Three Key Benefits of Investing in a Disability Management Program
When an employee becomes sick or injured, it can deal quite a blow to your company. Not only does their absence affect the morale and overall atmosphere of the work environment, but...
Our Top Four Strategies for a Successful Disability Management Program
Illness and injury can happen to anyone at any time. In fact, the chances of experiencing a disability for three or more months before the age of 65 is one in three and if you have an...
The Key to Successful Disability Leave – Communication!
When an employee is away on disability leave, it can cause both professional and personal turmoil for the employer. On one side, the employer must manage the employee’s duties while...
Stand with British Columbia: Wildfire Relief
The summer of 2017 will forever be etched in the memories of many British Columbia residents – this year has officially been declared as the worst wildfire season on record. At the...
Permanent Disability Award Calculations: Stabilizing Costs for Employers
As the sole funders of WorkSafeBC, it’s safe to say that employers are alarmed when seeing major fluctuations in premiums. Where is the consistency? On May 25, 2017, the Board of...
TeksMed – A Second Premium Rate Reduction for 2017
For many years, the WSIB struggled with an enormous unfunded liability which soared to a massive $14.2 B in 2011. Since that time, the UFL has been cut by more than half to its...
FULL ARTICLE – Proposed Changes to WSIB’s Work-Related Mental Stress Policy – Is Your Business Ready?
Introduction The Workplace Safety and Insurance Board (WSIB) is conducting consultations into Work-Related Mental Stress policies that would come into effect on January 1, 2018. The...
Proposed Changes to WSIB’s Work-Related Mental Stress Policy – Is Your Business Ready?
Over the past few years, the importance of mental health has gained some much deserved attention both in the media and by our policy makers. The Workplace Safety and Insurance Board...
Does your company need financial incentive to justify RTW efforts?
It took Ontario employers many years and counting to understand and get used to WSIB’s soon-to-be old, New Experimental Experience Rating (NEER) system. This experience rating...
Lost Time = Lost Business: Claims Management vs. Claims Avoidance
Workers’ compensation claims are expensive in more ways than one. Not only can they result in an increase in employer’s premiums and consequently lost efficiency due to absenteeism,...
Press Release: Meet the TeksMed Management Team!
TeksMed has always been on the leading edge of disability management and now there is a new executive team at the helm to take the company to the next level – providing employers and...