Institute of WorkComp Professionals

Success Stories

Real Results. Real Refunds. Real Retention.

7 Secrets that Cost Your Client a Bundle on their Workers' Comp

The Turnover Tax

The Turnover Tax

The Stakes: A large trucking company with 1,100 employees was seeing costs rise 30% year after year. Their premium had hit $1 million. High turnover meant constant training gaps, leading to more accidents.

The Investigation: The Advisor identified that “HR issues” were actually “Risk issues.” The high turnover was distracting managers from safety, and there was no “Return-to-Work” plan to stop the bleeding.

The Breakthrough: The Advisor didn’t just sell insurance; they helped fix the hiring process. They implemented a driver wellness program to reduce turnover and a strict “Return-to-Work” policy to manage injuries.

The Result: Over three years, the Mod dropped from 1.3 to 0.63. The premium fell from $1 million to $463,000—less than half the original cost.