small business owners run their companies without benefits like
workers comp. While this may benefit a company with only a few
employees, it is highly recommended that business owners invest in
workers’ comp insurance.
you are a small business owner, keep the following tips for workers
comp in mind:
If your small business has more than 2 – 3 employees, you’re likely required by law to offer workers comp in Bradenton, FL. These laws are in place to protect both the employer and employee in the event that an employee is injured or gets sick on the job. Without workers comp, your company may be forced into bankruptcy after settling a lawsuit by an employee.
Doesn’t Cover Everything
it’s important to know the benefit of having workers comp, business
owners should also understand what isn’t covered under workers’ comp.
insurance won’t cover any injury that is self-inflicted or occurs
outside of the job. Your business has to be liable for the injury for
the employee to qualify for a worker’s comp case.
a situation where an employee is compromised on the job, the
relationship between the employer and their staff can get
complicated. Having a worker’s compensation will help protect your
relationship with your company and your employees.
worker’s comp insurance, your employee will more than likely have to
take your business to court. This can damage your professional
relationship with your workers. Protect Your employees and your
company by offering workers comp insurance.
Learn more about workers comp from Ibusinesssolutions www.ibusinesssolutions.com.