Are you paying too much for your Worker's Compensation Policy?
In the current financial year, Victorian businesses were faced with an unprecedented hike in their workers compensation policy premiums and whilst premiums will be frozen for FY24/25 there may be some savings and /or refunds your business may be entitled to.
Whilst we cannot change the cost of premiums as they are legislated by the different state WorkSafe authorities, we may be able to assist you in recouping some of the costs from your previous premiums and saving on future premiums.
The process of auditing this data (which involves reviewing remuneration data and Worksafe industry classifications) is laborious and tedious but can reap large rewards in the form of savings and /o or refunds. It also means that moving forward, your upfront premium costs will be accurate and you won’t need to pay more than you have to.
Talk to HRAnywhere about actioning this for you – it is a free service, and you will only incur a cost if we can secure you a refund!