| |
| |
|
Small Business Information |
|
|
|
The Workers' Compensation Situation in this Country is Nuts, Arnold in CA Takes Action
The Workers' Compensation situation in this country is unbelievable. Why, well because of lawsuits and attorneys mostly. The costs of workmen's compensation on the business community is part of the reason for the slow return of high paying blue collar jobs in this country and the demise of the manufacturing sector. The system covers some 122 million workers nationally, but it is regulated state by state, not nationally and there is nothing close to being a Federal Oversight on this, not that I or anyone else cares to add another layer of bureaucracy to an already broken system. You can imagine the burden of the franchising community to provide jobs and the incredible problems faced by franchisees. The average cost on a national level has risen 50% in the last 3 years. This means that the poor employer is stuck, do they hire fewer people and assign more work, go out of business or cheat. Actually none of these options seem to be worthy of assisting in attaining the elusive ROI or profit that all business owners and franchisees seek. The prices in California have risen so fast that the costs of workmen's compensation have doubled in the past three years. That is 200%. We recently talked to one company which builds Car Washes and Quick Service Restaurants Franchise Tennant Improvements and C-Stores, who indicated to us his workmen's compensation costs in Los Angeles were running 110% of payroll? WOW. This is serious, it is due to run away lawsuits, we need tort reform. This is one reason that Maurice "Hank"Greenberg of AIG Insurance Groups said that Lawyers are Terrorists, this is why Elliot Spitzer targeted him personally. Well, I could not agree more personally and have never heard not one debatable comment from any one in the legal profession, which sues employers. California is working on their problems and is making some progress as you might have seen on TV or in the newspaper: It's About time reform for workers compensation: http://www.bizjournals.com/sanfrancisco/stories/2004/04/12/daily50.html?f=et78 We understand the issues with labor in many industries and why we need safety and assistance for those hurt on the job: http://www.carwashguys.com/080902_3.shtml But I must tell you that it is a real hardship on businesses to deal with this. Good to see Arnold is working on it. Glad to see we are working to fix the problem. But essentially this is merely a start of the fixing of the over all problem in America. The premiums started a huge upward hike and accelerated the already fast pace in increased costs after 9-11 when the Insurance Industry took unexpected hits of 40 Billion dollars. The other factor increasing costs is the medical industry getting hammered by lawsuits for mal practice. The improvements in safety and added restrictions have decreased work related injuries. A reduction in worker eligibility for benefits has led to a decrease of 36% in compensation claims in the last 10 years. Unfortunately the costs per claim have doubled to an average of $15,000 in the nation and in California $35K. In the 1900s when the compensation ideas were started they were to reduce litigation and disputes. Of course once you make one law, you have just given yourself job security. Due to the fraud of lawyers, chiropractors, criminals and doctors working together billions in fraud has been stolen from businesses over the years. Joe, goes to a lawyer who has a friend who is a Chiropractor. Joe says he hurt his arm to the lawyer and Chiropractor or doctor expert confirms this, they file suit and document the extent of injury and how many days Joe should be out of work and charge their hefty fees to the deal. All this is fraudulent, as Joe was seen skiing in Aspen, Water Skiing in Lake Mead, Sky Diving in Phoenix, Sport fishing in Baja, Para sailing in Key West, mountain climbing near Jasper, Canada and riding his dirt bike in TX. And you think you have a chance owning a Burger Franchise in CA with 41 employees? NOT. We are glad to see things are changing, but it cannot possibly happen fast enough. Want some books on this subject? http://www.amazon.com/exec/obidos/tg/detail/-/0815328273/103-4667935-9891039?v=glance Maybe CA is getting their act together, maybe a franchise in CA might be feasible with out getting your pants sued off. We are happy to see that Arnold the 'Governator' is terminating bad laws and policy in CA, the question is; is anyone else listening and are they going to do anything about it? "Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.WorldThinkTank.net/wttbbs
MORE RESOURCES:
Google News |
|
|
|
RELATED ARTICLES
Environmental Pressure Washing in Pennsylvania If you run a mobile car wash, mobile fleet washing company, mobile auto detailing business or a Pressure Washing firm in Pennsylvania there are things you should know. Pennsylvania is serious about cleaning the environment. The Joy and Hazards Of Finding Your First Office Q: I have outgrown my home office and need to find office space for me and two part time employees. I am really excited about opening my first official office, but never having rented commercial space before I don't know anything about how this process works. Gold Medal Delegation When the recent Games of the XXVIII Olympiad came to a close in Athens, two events stood out in my mind as perfect examples of the importance of time management:1. Teenage swimmer Michael Phelps, America's most-celebrated Olympic athlete, matched Mark Spitz's record of four individual gold medals with a stirring comeback in the 100m butterfly. 5 Good Reasons a Self-Employed Professional Should Take Vacation So you think you're not justified in taking time away from your business because you're self-employed? Here are five great reasons why you should definitely take a vacation:1. Physical down time You work hard to grow and maintain your business. Small Business Opportunities Magazine Business A Small Business Opportunities Magazine is one of the new small business opportunities opening up everyday. More and more companies are looking to outsource for basic services, cutting their budgets in the process and increasing profits. A Small Business Must Have a Solid Foundation We all know that a building has to have a strong foundation if it is to survive, so, too, a business.There are many planks that support a business but there are four corner-posts that bear the most weight?The four corner-posts are Marketing, Selling, Production and Financial Control. Using Technology to Manage Customer Loyalty Don't let your customer satisfaction research initiative collect dust on a shelf. Integrate technology with research to optimize the use of customer information. Is Your Business Property Safe and Secure? Security Professionals provide the products and services necessary to create a safe and secure workplace for you and your employees. Products such as lever hardware, panic and exit devices, desk locks and high security key control systems, as well as security boxes and safes, can help you protect your business and property. The Key To Success - Choose The Right Partners Do you promote yourself as offering prompt, reliable and quality service?Of course - none of us promote ourselves as anything less, and equally we strive to provide this level of service all the time.So what happens when you take your networking to the next level, and start to offer referrals, or even establish partnerships or alliances for certain activities?Whatever you do at this point creates significant impact on your business and personal reputation - potentially positive and also potentially negative. Direct Mail - For Small Businesses We hear a lot of talk about junk mail nowadays. Many people will tell you that they dump it straight in the trash. Winning in Business - Lessons from Lance Armstrong Lance Armstrong this week won an unprecedented 7th Tour de France victory, confirming him as one of the greatest cyclists of all time. The fact that he won more Tour victories than anyone else in history is remarkable. Setting Up as an Electronic Repair Authorized Service Center If you plan to upgrade your workshop into an Authorized Service Center, this should guarantee plenty of work and a secure future. Setting up from scratch as an Authorized Service Center is not an easy job. 1 Overlooked Key to Small Business Success Is this you?You dreamed of owning your own business, doing what you love and enjoying unlimited earning potential. You researched. New Habits, Rebounding Economy Help To Sell Giftware and Collectibles Just a few years ago, when one thought of a home-based sales business, Tupperware, Avon and a host of multi-level marketing schemes might have come to mind. Today, however, changing market conditions and evolving consumer habits have converged to make home-based selling businesses a realistic opportunity with real profit potential. Family Business and Conflicts What is a Family Business? A family business is basically any business in which the majority of the ownership or control lies within a family. Involvement of members of family in a business can bring with it its own complexities because the line between the business system is sometimes separated by a thin line from the family system. Collaborative Negotiating: A Win-Win Strategy COLLABORATIVE NEGOTIATING:Collaborative negotiating is a win-win strategy that can focus the resources of the people involved in the process towards strengthening results, productivity, quality, creativity, and innovation in problem-solving. To use the collaborative approach to negotiating you will have to agree on the aim of negotiations. How the Crab Effect Obstructs Growth and How to Conquer It Some of the greatest words of wisdom for any man or woman seeking change or growth are, "Surround yourself with people who will support and believe in you."Creating any kind of significant change requires determination, focus, energy, a game plan, and more than anything else, desire and a positive attitude. Small Business Planning -- Three Myths Are you -- like 70 percent of small business owners -- working without a plan?Here are three myths that need to be dispelled about strategic planning for small business.1. Employee Email and Internet Use - A Small Business Guide IntroductionIt is widely recognised that Email and the Internet is here to stay! Both mediums have become a vital part of business and personal communication in a world that increasingly relies on technology. We understand its benefits and sometimes berate its downsides; too much email, lack of personal communication, spam, the risk of employees accessing inappropriate material and using employer resources for personal gain. Building Your Business for Success in 2005 It's a strange anomaly.Most people who set out to start their own business, no matter what type, build it for failure, not success.
|
| home | site map | Web directory | Pham Thanh Long | Luat su| Lawyer| Links |
| © 2006 |
