What Is the Purpose of Workmen’s Compensation? The primary objective of the Workmen Compensation Act, 1923, is to provide financial relief to employees’ families in case of their death or injury at the workplace. The act also provides cover for employees that get an occupational disease while in employment. Reasons For enactment of the Workmen’s […]
Risks You Should Consider While Employing Blue Collared Workers Construction industry is the key driving force of our economy. It provides employment to a large number of the people of our country. Construction workers form an important component of our dynamic workforce. We depend on construction workers to build our homes, construct office buildings, and pave […]
India’s construction industry is the country’s second-largest employer and contributor to economic activity, after agriculture. According to government estimates, it grew by 80 per cent in the last four years, from $78 billion in 2013 to approximately $140 billion this year. Thus, a construction site in India also possesses a high level of risk for […]
Yes, you need a workers’ compensation insurance policy, even if you have fewer employees. The fact is that any business working either part-time or full-time is vulnerable to lots of expenses if its employees become sick. Even if your business is statutorily exempt from buying coverage, you should properly weigh all the catastrophic costs of […]
There’s a lot to know about a workmen compensation policy. This type of insurance policy offers legal liability cover to employers. It also protects employees from incurring financial burdens by providing them compensation in case of any injury or accident at the workplace. However, several small business owners consider it like any other extra and […]
Maintaining safety measures is important for a construction company to ensure that the workers stay safe and secure. Here is what you need to know.
Make your office premises a safe place for your employees. Here is why as an employer you should invest in maintaining workplace safety.
Ready to Sue Your Employer? Read this First! You might hardly find a person who has never worked in an unfavorable working condition. Various factors violate any company’s working atmosphere, like office politics, stress, long working hours, or a more serious one—harassment. The off-repeated advice in such situations is to look for another job. Only […]
Workers’ Compensation Insurance offers legal liability coverage to employers. It helps them satisfy the obligations imposed on them under workers’ compensation statutes. The policy is beneficial for employers as it helps them pay the compensation in case of injury or death of an employee while on the job. Employees also stand to benefit from it […]
By successfully embracing uncertain times in one’s business, one can learn how to beat the odds and grow substantially. Here’s how you can be successful at weathering unpredictable events related to your business.