The Travelers Companies, Inc. has found that new employees and older workers are driving workers’ compensation claims in the US.
The survey analyzed 1.2 million claims submitted from 2016 to 2020 and found that employees in their first year on the job accounted for 34% of all claims and nearly 7 million missed workdays due to injury. Meanwhile, workers aged 60 and older were responsible for the highest costs associated with workers’ compensation claims.
According to The Travelers Companies, Inc., younger workers are more likely to be injured on the job due to their lack of experience. In comparison, older workers face an increased risk of injury due to age-related changes in vision, hearing, and mobility.
Companies should proactively reduce workers’ compensation claims by prioritizing new employee training and safety in their work environments.