Workers' Compensation and Your Business
As an employer, you may have a legal obligation to offer financial assistance to any workers injured as a part of their employment. This is done by purchasing workers’ compensation insurance, and is meant to keep you and your workers secure in the case of an accident, injury, or serious illness.
If you are a business owner, it is important you understand all legal requirements concerning workers’ compensation that apply to your organization. The talented Austin business lawyers of Slater Kennon & Jameson, LLP can help you navigate the process of insuring your employees, offering you the support and assistance you deserve in order to keep your business legally sound and highly functioning. Contact our office today at 512-472-2431 to learn more about your options.
Workers’ Compensation in the United States
Workers’ compensation exists to give the injured the help they need in the case of an accident or injury. This can entail covering their medical expenses, recovery costs, and continuing to provide them salary while they recover from their accident. Some things to note about workers’ compensation include:
- While it is typically legally required that businesses provide their employees with workers’ compensation in the case of an accident/injury, the terms of this provision can vary greatly.
- The issue of false claims, where an employee falsely reports a workplace injury, has become a serious concern over the past decade.
- Companies usually purchase the workers’ compensation coverage for their employees through commercial insurance agencies.
- If your employees are regularly exposed to heightened risk situations, you may need to obtain workers’ compensation coverage from your state.
By keeping this information in mind, you are better able to protect your company and your employees.
Contact Us
If you are interested in forming a workers’ compensation plan for your employees, the Austin business lawyers of Slater Kennon & Jameson, LLP would like to help. Contact our office today at 512-472-2431 to speak with a talented attorney about your options.