Remove 2019 Remove Compensation System Remove Employment Remove Pension
article thumbnail

How prepared are workers’ compensation systems for COVID-19?

Workers' Compensation Perspectives

The “Unknown” occupational disease risk in workers’ compensation When workers’ compensation systems started a century ago, the focus was “industrial accidents”. page U47] Over time, most workers’ compensation systems adapted to include coverage for occupational diseases. This limitation was noted at the time.

article thumbnail

Workers’ Compensation: What’s payroll got to do with it?

Workers' Compensation Perspectives

.); "total amount paid to employees over a period," hence, via records-keeping, "list of employees receiving pay." [ See [link] ] Today, the word “payroll” more often than not refers to the department or system that manage employer costs for a range of employee compensation components. per hour worked in March 2019, the U.S.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Are workers’ compensation laws keeping up with changing demographics?

Workers' Compensation Perspectives

Extracting provincial data from the same series, British Columbia has seen a massive shift in the employment of workers age 65 and older: The monthly unadjusted BC employment rate of 65- to 69-year-olds now routinely exceeds 35% More than a third of males (36.2% of males aged 65 to 69 are employed (Q1 2022) vs. 29.5% in (Q1 2002).

article thumbnail

Top Ten Priorities for Workers’ Compensation Benefit Reforms

Workers' Compensation Perspectives

Workers’ compensation “reforms” are typically focused on reducing employer costs. See [link] ] Progress towards improving compensation for workers was noted; so were the many gaps and shortfalls in the present landscape of state workers’ compensation laws.

article thumbnail

Are Workers’ Compensation benefits protected against the rising cost of living?

Workers' Compensation Perspectives

To forestall this eventuality, the majority of North American workers’ compensation jurisdictions adjust periodic payments (sometimes called workers’ compensation pensions or permanent disability payments) to account for increases in the cost of living. percent increase effective January 2019.