As reported by the National Association of Wholesaler-Distributors.

When an employee is unable to work due to a work-related injury or illness, productivity falls and costs rise. The longer the injured employee stays out of work, the higher the costs. Aside from the direct costs of workers’ compensation, indirect costs – such as hiring and training replacement workers – can increase your expenses and impact your profitability.

According to a study performed by The Hartford, employees out of work for more than 12 weeks with a work-related injury have less than a 50 percent chance of returning to work. That can have a significant impact on the life of the worker, on the amount of the claim, and on your ability to find another qualified employee. Employees are one of your firm’s most important assets, so implementing a return-to-work strategy can be a positive step for your entire operation.

Click here to learn about return-to-work strategies,10 steps to creating a return-to-work program and hwo to identify opportunities for transitional duties.