Filtered by category: PLAN Newsletter Clear Filter

Mental Health Comes First in Risk Management

Mental Health Comes First in Risk Management 

Design professionals are constantly balancing complex projects, tight deadlines, and significant risks. While a lot of attention is given to the technical and financial aspects of risk management, there is another dimension that is often overlooked but just as crucial—mental health. Stress, burnout, and emotional well-being are not just personal concerns; they have direct and measurable impacts on decision-making, problem-solving, the success of projects and ultimately the overall success of the firm.  

Acknowledging the link between mental health and risk management can create a more balanced, effective approach to safeguarding both personal well-being and project outcomes. This article explores how mental health factors into risk management and offers strategies for fostering a healthier workplace culture that reduces errors, improves productivity, and enhances the overall risk assessment process. 

Read More

The Challenge of a Hybrid Workplace for Architects and Engineers

The Challenge of a Hybrid Workplace for Architects and Engineers 

The following material is provided for informational purposes only. Before taking any action that could have legal or other significant consequences, consult with a qualified professional who can provide guidance tailored to your unique circumstances. 

 

Read More

Leveraging Telematics for Enhanced Fleet Management

Leveraging Telematics for Enhanced Fleet Management

Introduction 

Managing an auto fleet, regardless of its size, can be daunting, especially considering increasing auto premiums, making efficient fleet management not just important, but crucialThe integration of telematics technology offers a transformative approach to managing vehicle fleets, enhancing safety, and optimizing operational efficiency. This newsletter explores the benefits of telematics and provides insights into selecting the right system for your firm. 

Read More

When Trouble Strikes: A Crisis Management Guide

When Trouble Strikes: A Crisis Management Guide 

PLAN Knowledge & Resource Committee  

Read More

Regulatory Round-Up July 2024

 Regulatory Round-Up July 2024

US High Court to Weigh San Francisco Water Pollutant Limits Challenge

Engineering News Record reports on a case recently taken up by the U.S. Supreme Court dealing with water pollution. In 2019 the EPA and the State of California allowed San Francisco Public Utilities Commission to release pollutants into the ocean in violation of an ordinance passed by the City and County of San Francisco. https://www.enr.com/articles/58748-us-high-court-to-weigh-san-francisco-water-pollutant-limits-challenge

Read More

Regulatory Round-Up June 2024

Regulatory Round-Up June 2024

US High Court to Weigh San Francisco Water Pollutant Limits Challenge

Engineering News Record reports on a case recently taken up by the U.S. Supreme Court dealing with water pollution. In 2019 the EPA and the State of California allowed San Francisco Public Utilities Commission to release pollutants into the ocean in violation of an ordinance passed by the City and County of San Francisco. https://www.enr.com/articles/58748-us-high-court-to-weigh-san-francisco-water-pollutant-limits-challenge

Positive Economic Outlook for Engineering Firms


Read More

When Your Client Says "Stop!"

When Your Client Says "Stop!"

The following material is provided for informational purposes only. Before taking any action that could have legal or other significant consequences, consult with a qualified professional who can provide guidance tailored to your unique circumstances.

Read More

The Importance of Understanding Payment Provisions

The Importance of Understanding Payment Provisions

The material provided in these articles is for informational purposes only. Before taking any action that could have legal or other important consequences, speak with a qualified professional who can provide guidance that considers your unique circumstances.

Understanding payment provisions in design professional contracts is vital for a successful project. These provisions specify how, when, and how much professionals will be paid for their design services.

Read More

5 Common Claim Mistakes

Navigating the world of Design Professional Liability claims can be intimidating. This article sheds light on five common mistakes that architects and engineers often make in professional liability claims. Understanding and addressing these pitfalls is paramount for those committed to delivering high-quality services.

1. Not Reporting

Read More

Mod your Mod! Understanding and Managing Your Workers’ Compensation Experience Modifier

As an employer, if you have had a workers’ compensation claim you are probably aware of and keenly sensitive to your workers’ compensation experience modifier.  Not only does it have a direct impact on the cost of workers’ compensation insurance, but also having a favorable experience modifier is often required to work on certain projects.  Given the importance of the “mod” to your business, we thought it would be important to review some basic information about how it is calculated and equip you with some strategies for making sure it is at the lowest possible.

At the most basic level, your organization’s experience modifier is a measure of whether your organization is likely to have either more or less claims than another company performing similar operations based on claims history.  Having a low mod, below a 1.00, results in a credit on your workers’ compensation premium and having a high mod, or above a 1.00 results in a debit on your workers’ compensation premium. While the calculation is somewhat complex, knowing some key facts about how it is calculated can help your risk management strategy maximize its impact on your mod and workers’ compensation cost.

Read More