Workers’ Compensation is insurance that employers get for themselves and their employees to protect both parties. Through this insurance, the employees get access to compensation and other benefits if they get injured while on the job. However, they cannot sue their employer if they accept those benefits. In California, for example, workers’ compensation includes medical […]
Workers Compensation
Do I Still Need Insurance If My Business is Closed?
Almost eight million businesses are at risk of permanently closing due to the coronavirus pandemic. Many small business owners are struggling with the decision of when and how to safely get back to work. If you’re one of the millions of businesses that had to change its operations in recent months, you may be wondering […]
What Types of Insurance Are Best for Small Businesses?
You’ve worked hard to build your company up to what it is today. Which is exactly why you should consider if you would recover from fire damage or a costly lawsuit without taking a serious financial hit. Thankfully, there is a multitude of policy types to help ensure that you’re protected against risks like these and others. These policies cover everything from your equipment […]
How Your HR Department Handles Workers’ Comp Claims
Workers’ compensation claims are more vital towards the contemporary economy than ever before, with many businesses of all shapes and sizes seeing a notable increase in the amount of claims they have to handle. Despite the fact that effectively managing workers’ comp claims is a fundamental aspect of business success, many entrepreneurs and business managers […]
7 Simple Steps You Can Use to Stop Workers’ Comp Fraud
All businesses have a fair share of formal and informal procedures and processes to ensure efficiency in dealing with customers and effectiveness of operating costs. As the owner, you should be very hands on with everything that happens with your business, especially when it comes to your workers. To keep your workers’ compensation costs low, […]
