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 percent 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 workers. […]
Does your Business Need Workmen Compensation Insurance Policy?
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 […]
Things Small Businesses Should Know About Workmen Compensation Insurance Policy
There’s a lot to know about a workmen’s compensation policy. This type of insurance policy offers legal liability coverage 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 […]
5 measures your construction company should take for ensuring safety of workers
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 Workplace Safety a Key Part of Your Business. Here’s Why
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!
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 […]
Myths Related to Workmen Compensation Insurance Policy
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 […]
How Can Your Business Embrace Unpredictability?
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.
Do I need workmen’s compensation insurance?
It is the legal responsibility of employers to make the workplace safe for their employees. However, mishaps can occur even at a safe location and when every safest measure has been taken care of. For instance, a few months ago, an operator of a tower crane lost his life and three workers got injured when […]
What are the legal Responsibilities of the Company under Workers’ Compensation insurance?
Employee safety and their complete welfare protection are imperative to maintain for every business owner. Providing employees security, a safe working atmosphere, and extending all possible support facilitates business smooth run and strong growth. Protecting the employee’s health and welfare benefits both employer and employees. It’s the legal responsibility of every employer to protect employees’ […]