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

Workers' Compensation Perspectives

Payroll” used to have a simple meaning. According to the Online Etymology Dictionary: payroll (n.) For workers’ compensation, payroll can have different meanings depending on your jurisdiction and whether you are a worker or an employer. Wages and salaries cost employers $25.22

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Workers’ Compensation Premium Rates: How does your jurisdiction compare?

Workers' Compensation Perspectives

Comparative studies provide stakeholders with context in assessing system performance and policy makers with objective data for decision making. Unfortunately, comparative studies of workers’ compensation system features and outcomes are rare. per $100 of payroll, well below the national average of $1.27.

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What is Workers' Compensation Self-insurance?

Workers' Compensation Perspectives

Exclusive Remedy Workers’ compensation is considered a form of “social insurance” and operates based on a social contract between management and labor. It stipulates that workers’ compensation serves as the “exclusive remedy” for occupational injuries and diseases. of total employment and 87.3%

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Workers’ compensation Insurance Arrangements: Does the model make a difference? Part 2

Workers' Compensation Perspectives

As noted, the market for workers’ compensation is not a free market but one that is altered by government interventions and oversight. Note: Although the ratio between worker benefits paid and employer costs is often expressed in dollar terms [e.g., However, this analysis shows substantive difference associated with these three models.

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Are Workers’ Comp Insurers ready for what comes next in the COVID-19 crisis?

Workers' Compensation Perspectives

With the challenges emerging, the public steps announced in some jurisdictions may provide insight into what lies ahead for those who work in and with workers’ compensation. If so, should employers request or demand tests of their employees? Can we keep essential staff safe (at workplaces, with clients, or working from home)?