Because a construction site is a hazardous place, your business can be hit hard with the many direct and indirect costs of nonfatal accidents and injuries including medical expenses, lost productivity, delays and disruptions to work, and administrative costs. Another associated cost is the premium you pay for workers' compensation insurance. As with any insurance coverage, the more your carrier has to pay out on your behalf, the higher your premium.

In this article, a construction attorney gives 10 strategies for reducing your premium and taking control of your workers' comp costs, from establishing and enforcing a jobsite safety program to managing your medical program.