The Premium Discount Scheme was introduced for NSW employers on 30 June 2001.The Premium Discount Scheme is a three year program that rewards employers who implement programs to improve workplace safety and return-to-work strategies for injured workers. The reward scheme provides a discount on the employer’s workers compensation premium, providing the employer can pass four audits over three years. The Scheme is open to all NSW employers.

Employers in the Scheme can receive the following discounts:

WorkCover has accredited, Occupational Safety Pty Ltd, as a Premium Discount Adviser. This accreditation means Occupational Safety Pty Ltd is able to audit an employer’s existing Occupational Health and Safety and Injury Management System in relation to the benchmarks set by WorkCover to verify that the employer is entitled to the discount.

As a Premium Discount Adviser Occupational Safety can also play a consulting role, helping employers to develop and implement the occupational health and safety and return-to-work strategies or systems that best suits their business and enable them to meet the benchmarks.

If you are interested in reducing the cost of your annual premiums you should give us a call. One of our consultants will be available to discuss all your needs and explain all the other OHS support services that may be of assistance to your business.