IS IT TIME TO CHANGE?
How do you know when it’s time to explore a plan other than a guaranteed-cost plan, which is what almost all PEOs start with? The main criterion is risk appetite. Risk appetite is the amount and type of risk an organization is prepared to pursue, retain, or take. To put it into practice within a PEO, you must link risk appetite to business decisions and then collect the proper data to measure it.
Click to read the full article: When Should You Explore Workers Compensation Options by Bob Barrow