When it comes to workplace safety, employers must navigate a complex web of regulations and reporting requirements. Even if you’re in a low-hazard industry, understanding your obligations regarding injury and illness reporting to OSHA (Occupational Safety and Health Administration) is crucial. In this blog post, we’ll break down the key points you need to know to ensure compliance and manage potential OSHA inspections.
Maintaining availability on a line of credit facility is crucial for contractors, and Enhancing Credit Availability with Strategic Surety Solutions is a key approach to achieving this. Project demands, delayed payments, and unforeseen expenses are just three of the many cash flow challenges contractors face. Having readily available credit ensures that contractors can quickly adapt to the circumstances without disrupting their operations or having to pass on new opportunities.
The Biden administration issued an executive order mandating the use of Public Labor Agreements (PLAs) on federally funded construction projects exceeding $35 million, effective since January 2024. This aims to streamline labor practices, enhance worker protections, and ensure timely project completion. While this directive aims to foster a more organized labor market, PLAs impact bond market dynamics in multifaceted ways.
In a recent blog post, the U.S. Department of Labor announced it will issue a proposed rule on determining employee or independent contractor status under the Fair Labor and Standards Act. While this News Brief explains further, our expertise is always on call at 847.934.6100 if you have any questions or you can reach us at .
DSP was recently recognized as Acuity Insurance’s number one agent in the state of Illinois. We are honored to have an outstanding relationship with this excellent insurance company.
The goal of any prequalification program, especially when it comes to Subcontractor Selection Risk Management, is the evaluation of potential subcontractors BEFORE they are hired. This then lowers the risk exposure and ensures the subcontractor has the necessary resources, skills, experience, and financial stability to complete work effectively and safely.
Work travel, global workforces, and international projects often raise questions about the best ways to protect your teams and assets. To ensure comprehensive protection for employees working abroad, it’s crucial to understand and utilize two key policies: Foreign Voluntary Workers’ Compensation (FVWC) and Global Accident and Health (GAH).
Russia launched a full-scale military assault on Ukraine in the early morning hours of Feb. 24, 2022, accompanied by a series of targeted cyberattacks that experts and officials say could ultimately have a much broader impact. Click the link below to the full article to learn more.
October is National Cybersecurity Awareness Month. It’s crucial for businesses like yours to stay cyber-secure in order to safeguard company data, protect customers’ personal information and ensure employee privacy. Review this infographic to learn how you can do your part to foster organizational cybersecurity.
October has been designated Distracted Driving Awareness Month by the National Safety Council. Distracted driving kills thousands of people each year and injures many more. Some studies have shown that distracted driving can cause greater impairment than even drunk driving. Click the document link below for a shareable distracted driving poster.