Deadline for BWC's incentive program
The deadline to enroll in Ohio Bureau of Workers' Compensation's (BWC's) Safety Council Rebate Incentive Program for the 2012-2013 policy year is approaching. Companies may earn up to a 4 percent Rebate on their workers com premium by participating in a safety council program.
Employers can earn a 2 percent premium rebate for meeting all of the participation eligibility requirements. Employers may earn an additional 2 percent performance rebate by reducing either their frequency or severity of workplace injuries by 10 percent, or by maintaining both frequency and severity of workplace injuries at zero.
Employers enrolled in a traditional group rating program are permitted to "stack" the performance rebate with group discounts. Employers enrolled in a group retrospective rating program are permitted to "stack" the participation rebate. Employers not enrolled in traditional group rating or group retrospective rating programs have the opportunity to earn the full 4% rebate.
More than 130 companies in the Mid-Ohio Valley participate in the Mid-Ohio Valley Safety Council program. Meetings are the third Wednesday of the month and held at the Marietta Country Club. The annual fee is $50 plus the cost of the lunch.
The Mid-Ohio Valley Safety Council is sponsored by the Marietta Area Chamber of Commerce and the BWC's Division of Safety & Hygiene. To enroll, contact the Chamber at 373-5176.
- For more details: Visit the MACC website at www.mariettachamber.com
Local bank declares quarterly dividend
The board of directors of Peoples Bancorp Inc. (NASDAQ: PEBO) recently declared a cash dividend of $0.11 per common share payable on Aug. 20, 2012, to common shareholders of record on August 6, 2012.
Based on 10.7 million common shares currently outstanding, the dividend declared represents a payout of approximately $1.2 million, or 23.4 percent of Peoples' reported second quarter 2012 earnings. This quarterly dividend also produces an annualized yield of 2.07 percent based on the closing stock price of Peoples' common shares of $21.26 on July 25, 2012.
From local reports