A system of insurance that pays an employee who cannot work because he or she has been injured while working. 48 words to make in SCRABBLE with Q and. Workers' compensation is a form of insurance providing wage replacement and. It also defined social security as the institution to administer the right of. DEFINITION of 'Workers' Compensation'. A state-sponsored system that pays monetary benefits to workers who become injured or disabled in the course of their. Definition of workers' compensation: Financial support system established under law to provide income, medical care, and rehabilitation to employees for illness. Workers' compensation definition. Workers' compensation is insurance paid by companies to provide benefits to employees who become ill or injured on the.
Workers' compensation laws are designed to ensure payment by employers for some part of the cost of injuries, or in some cases of occupational diseases. The legal definition of Workers' Compensation is A public benefit scheme in which qualified workers who are injured in the workplace, receive compensation. Definition: Insurance that covers medical and rehabilitation costs and lost wages for employees injured at work. required by law in all states. Almost every. Definition of Workers Compensation: A system of compensation for work-related injuries or death, paid for by employer compensation insurance contributions.
Workers' compensation work ers' compensation n. Payments required by law to be made to an employee who is injured or disabled in connection with work. Insurance required by law from employers for the protection of employees while engaged in the employer's business. Origin of workers' compensation insurance. 2 Mar 2015 Commencement 2A. Relationship to Workplace Injury Management and Workers Compensation Act 1998 3. Definitions 4. Definition of “injury”.For workers' compensation insurance purposes, the term employee generally the meaning of the WCL and thus must be provided with workers' compensation. Workers' Compensation: an overview Workers' compensation laws protect people who are injured on the job. They are designed to ensure that employees who.
Workers' compensation requirements for employers are managed at the state level. Each state, except for Texas, has specific laws that require medical coverage. California Labor Code section 132a: A workers' compensation law that prohibits discrimination. Independent contractor: There is no set definition of this term. This current liability account reports the amount a company owes as of the balance sheet date for its worker compensation insurance policy premiums. Definition of WORKERS' COMPENSATION: Financial support provided to an injured worker covering income, medical costs, rehabilitation or death from a work.
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