USPS Workers' Comp Costs Rising

Share this content:
Workers' compensation costs have risen 29 percent since 1998, contributing to financial troubles at the U.S. Postal Service, the agency's Office of the Inspector General yesterday told a subcommittee of the House Committee on Government Reform in written testimony.

USPS workers' compensation costs for 2001 were $731 million, up from $567 million in 1998, inspector general Karla W. Corcoran told the subcommittee, which is examining issues of the Office of Workers' Compensation Program for federal employees. This directly affects the postal service because "unlike other federal agencies, these costs are paid from postal revenues," she said.

Corcoran said in her testimony that as the largest participant in the program, the USPS accounts for about one-third of federal workers' compensation costs and that controlling these costs is a priority for postal service management.

Corcoran's office is working with the Department of Labor to find ways to address issues facing the workers' compensation program.

Sign up to our newsletters

Company of the Week

Since 1985, Melissa has helped thousands of companies clean, correct and complete contact data to better target and communicate with their customers. We offer a full spectrum of data quality solutions, including global address, phone, email, and name validation, identify verification - available for batch or real-time processes, in the Cloud or on-premise. Our service bureau provides dedupe, email/phone append and geographic/demographic append services for better targeting and insight. For direct mailers, Melissa offers easy-to-use address management/postal software, list hygiene services and 100s of specialty mailing lists - all with competitive pricing and excellent customer service.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above