This year marks the 20th year of Texas Mutual's one-of-a-kind dividend program. More than 50,000 business owners will receive dividend checks in a company-record $280 million dividend payout. Dividends are a way for us to reward safety-conscious employers, and we're proud to have done so for 20 consecutive years.
Qualifying policyholders are rewarded dividends based on two components: safety and loyalty. Take a look at the dividend video here to see how the dividend process works.
Dividends can be used to help offset workers' comp costs, re-invest into safety equipment and training, or just give a boost to your bottom line. However you choose to utilize your dividend, we love hearing your dividend stories. Be sure to share with us on Facebook, Twitter, or LinkedIn, and use #TXMDividends.
Safety in your workplace is where you have the greatest opportunity to make an impact when it comes to dividends. Texas Mutual offers thousands of free resources, including our new e-learning online training, to help you launch safety programs, educate employees, and maintain safe environments. Visit the safety resource center of your texasmutual.com account. Our safety services support center is also available at 844-WORKSAFE Monday through Friday from 8 a.m. to 5 p.m. to help you identify the best resources for your business or connect you with a safety services consultant.
Another way to improve your chance of receiving a dividend is to have a solid return-to-work program in place so that when accidents do occur, you have a plan for minimizing losses and getting workers back on the job. Texas Mutual has a number of resources to help with this, and our recent post on creating a return-to-work program from our Your Claims Questions Answered seriesis a great place to start.
These resources and plans may seem like small steps, but they could add up to a dividend for your business. Find out more about Texas Mutual's dividend program by clicking here.
To read more of the Work Safe, Texas blog, click here.
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Disclaimer: WorkersCompensation.com publishes independently generated writings from a variety of workers' compensation industry stakeholders. The opinions expressed are solely those of the author and do not necessarily reflect those of WorkersCompensation.com.