Incentive Reward Costs

THE KEY TO SUCCESS: The greater the incentive dollar pay-outs, the greater the workers' comp premium savings. However, if and when injuries do occur, the incentive dollar jackpot rewards are automatically reduced. Thus, Safety Pays incentive rewards are linked direction to workforce success reducing accidents & injuries.

A Safety Pays game features individual jackpots which will pay out certain dollar amounts approximately once a month. Dollar amounts will vary depending upon the number of continuous accident/injury free days a given group has accumulated. A dollar ceiling (eg. - $150. $200, @250, etc.) can be placed on the jackpot OR the jackpot can be left to go as high as the employees are successful in continuous accident/injury free days.

Keep in mind, that to the extent the dollar value is increasing, the greater the motivation by the employees to continue an accident free workplace. Meanwhile, the reduction in workers' comp exmod's and thus premium dollars is exponential against the dollar amounts paid out to the employees.

Generally speaking, though, based on a workforce of approximately 50-100 employees, the average first year incentive dollar costs range from $1000 - $2000 including bonus dollar awards. To receive an Incentive Dollar Cost Projection for your specific needs, please call (800) 942-1022 or send an email.