Protecting Your Business And Employees With Workers Compensation

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Protecting Your Business And Employees With
Workers Compensation
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• As a business owner, youll naturally do whats
  in your power to create a safe work environment
  for your employees, but some accidents simply
  cannot be prevented, no matter what preventative
  measures you take. When an accident does happen,
  you want to be sure that your business and your
  employees are protected as far as possible, and
  having a sound workers compensation policy is a
  vital step towards achieving this.
• What is the purpose of workers compensation?
• Any good business should have an effective
  employee benefits package, and workers
  compensation is an important part of this.

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• Not only does it offer your employees protection
  from any legal complications that may arise from
  an accident in the workplace, but it also gives
  them the assurance that theyll receive
  appropriate medical care and a percentage of
  their normal income, until theyre able to return
  to work.
• Irrespective of whose fault the accident may have
  been (if anyone was at fault), workers
  compensation gives the affected employee(s)
  benefits, and should the accident result in the
  death of the employee, benefits will still be
  awarded to those dependent family members of the
  employee.

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• What is the history of workers compensation?
• This form of insurance has in fact been around
  for many hundreds of years, and some early proof
  of its existence can be found in an ancient
  system of writing known as cuneiform inscribed
  upon some tablets found in Sumeria, an ancient
  city-state, were words detailing the Law of Ur.
  As the centuries progressed, workers compensation
  laws became stricter as employees fought more for
  their rights.
• The first modern system of workers compensation
  was created in 1884 and became known as Workers
  Accident Insurance.

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• In Great Britain in 1893, workers compensation
  law first appeared and became known as the
  Workers Compensation Act. This law quickly
  travelled across to the U.S. and was first put
  into effect there in Wisconsin, in 1911. Other
  states soon followed suit, with Mississippi being
  the last state to pass legislation in 1948.
• How is workers compensation structured in the
  U.S.?
• In the United States, the employer always funds
  the workers compensation coverage, and this is
  usually done by setting up insurance accounts for
  employees, or by purchasing commercial insurance
  policies.

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• Compensation boards created by the states
  legislature then go on to handle the claims,
  although in a scattering of states, the claims
  can be taken directly to the courts.
• Each state will have its own criteria for
  assessing injuries, and they can vary greatly,
  although the main distinctions will be made
  between an injury that has caused an impairment
  to the employee, and an injure that has disabled
  them.

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• How has workers compensation changed over the
  years?
• In fact, modern workers compensation laws have
  altered very little since the twentieth century,
  with one of the few but main changes being that
  employers may be directed to modify their
  workplaces, to allow disabled persons to be able
  to be employed there. Clearly defining
  disabilities can be complex though, and it is
  often difficult for employers to know if an
  employee is defined by law, as being disabled.
• Protecting your business and its employees is
  essential, and workers compensation is one of the
  most valuable and effective forms of insurance
  protection that a business can have.

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• Finding a reputable firm that can offer you this
  is an important step forward for any new
  business, and can end up saving you a lot of
  money in court cases or fines.
• Apollo Payroll is one of the premier small
  business payroll services companies in Miami and
  Coral Gables. Apollo Payroll is dedicated to
  delivering expert advice, responsive service, and
  highly accurate payroll processing and reporting
  to ensure the success and growth of the business
  that we serve. Our services include comprehensive
  online payroll services, xemployee background
  check and employee timekeeping services in Miami.