Workers’ compensation insurance for staffing agencies is well worth it! Here’s why your temporary staffing accounts need this coverage to thrive.
As it turns out, workers’ compensation insurance for staffing agencies offers much more than just reimbursement for injured employees. Temporary staffing agencies who are carrying this type of coverage have seen a number of benefits that drive success for their business. Here are three pros of workers’ comp that are worth passing along to your staffing accounts.
It supports their employees.
There’s a layer of uncertainty that comes with accepting temporary employment. As with any job, it’s hard to tell if the employer will be a fit for you. But then, on top of that, you also need to worry about whether or not you’ll be able to get a handle on the responsibilities before your contract is up. Your staffing accounts can give their temporary workers at least some peace of mind by carrying worker’s comp. That way, no matter the work or the employer, they’re protected against injury expense.
It supports their clients.
Your staffing agency clients are always looking to grow their business, and referrals are critical. When they can show their existing customers that they have workers’ compensation in place, those clients are more likely to feel confident hiring from them. This, in turn, encourages them to pass that agency’s name throughout their network.
It supports their bottom line.
When a temporary staffing agency sends an employee to a job, that agency shares responsibility for the employee with their employer. If an incident does occur, workers’ comp ensures your staffing account isn’t left with unexpected bills.
Clearly, there’s some value-add for your temporary staffing accounts that carry this kind of coverage. Don’t shy away from workers’ compensation insurance for staffing agencies because you think it might be challenging to find the right policies for your clients. Contact PMC Insurance Group to put a team of temporary staffing workers’ comp experts behind you!