CareWorksComp September Newsletter

Children are back in school and the Ohio corn fields are full and tall. I actually saw Halloween decorations in the store the other day. Can’t summer just last a little bit longer?   9/30/2018 is your Experience “snapshot” for the upcoming 7/1/2019 Rate Year: One of the most important dates this month is September…

CareWorksComp: Important August 2018 Deadlines

August 15, 2018 Payroll True-Up Deadline: Employers must report their actual payroll by Manual Classification Code for the 7/1/17-6/30/18 Rate Year to the Ohio Bureau of Workers Compensation (BWC) by August 15, 2018.  Additionally, if it is determined that they owe the BWC additional premium, payment must be made to the BWC by August 15, 2018.…

BWC Payroll True-Up Reports Are Due by August 15

Prior to each policy year the Ohio Bureau of Workers’ Compensation (BWC) establishes your estimated premium based on the most recent payroll that was reported to BWC. Once the policy year is completed you must complete the true-up report. The true-up is a reconciliation of your BWC estimated payroll versus your actual policy year payroll…

Education, Evaluation, and Enrollment

It might help businesses to think of the workers’ compensation year in three parts: Education, Evaluation, and Enrollment.  Spring is generally the time for “Education”, with our seminars and the Ohio Safety Congress taking place. As we’ve now moved on to the middle of the year, we’ve reached the “Evaluation” phase. Here at CareWorksComp, we’re…

Small Businesses Drive Job Growth in Ohio 

Account for 64,691 Net New Jobs, Latest Data Shows   The Office of Advocacy, an independent office within the U.S. Small Business Administration, today released its annual Small Business Profiles. The user-friendly profiles utilize the most recent statistics on employment, industry, and economic growth from federal data sources to create a small business narrative unique to…

CareWorksComp Educational Opportunities

In keeping with the back-to-school season and doing new things, CareWorksComp has a few educational opportunities to share with you that we hope you will consider: a Risk Reduction Workshop, and Two Hour Group Safety Training classes. Information for these is included here, as well as some updates from our Safety and Unemployment Departments and…

Ohio’s Minimum Wage to Increase in 2018

Ohio’s minimum wage is scheduled to increase on January 1, 2018, to $8.30 per hour for non- tipped employees and $4.15 per hour for tipped employees. The minimum wage will apply to employees of businesses with annual gross receipts of more than $305,000 per year. The current 2017 Ohio minimum wage is $8.15 per hour…