Workers' Compensation
Jump to navigation
Jump to search
Description
A mandated insurance program insuring workers against job-related injuries. Premiums are charged to employers as a percentage of the employees' wages and salaries. The amounts vary by countries and by the employees' occupations but, in some cases, can be very substantial.
Concept Prerequisite
Wikipedia Reference
http://en.wikipedia.org/wiki/Workers%27 Compensation
Learning Material
Covered in Topic(s)
| Liabilities |