Workers' compensation coverage is one of many operating expenses that can eat into a business's profit margins. The more employees a company has, the more they will pay for coverage. For as long as a company has paid staff, it will typically need to retain workers'...
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New York Workers’ Compensation Blog
3 ways employees commit workers’ compensation fraud
There is no doubt that accidents and injuries happen in workplaces. It is for this reason that a vast majority of New York employers are required by law to sign up for workers’ compensation coverage for their employees. Not only is this intended to provide financial...
Should you settle a workers’ comp claim?
When injured on the job, employees may be entitled to workers' compensation benefits. But what happens when there is a conflict between the employer and employee regarding benefits or the ability to return to work? Sometimes, employers may choose to settle a workers'...
How to investigate when an employee is injured
When your employee is injured while working, the steps you take are crucial. It's vital to obtain more information about the accident to provide the employee with workers' compensation benefits. To do this, you will need to conduct an investigation. This guide...
Remote work and worker’s comp: What business owners should know
Perhaps you are one of the many companies that have moved toward hybrid working during the past few years. Many employees enjoy the flexibility this allows them and the time they save by not commuting every day. As an employer, you’ve probably learned a lot about...
Lunchtime drinks could disqualify an employee from workers’ comp
Coworkers sometimes like to leave the office for their lunch break, perhaps going out to buy a meal and drinks at a nearby restaurant. Some employees will also do this when taking clients out for a drink. They’re certainly not planning to become intoxicated, but...
What does workers’ compensation in New York cover?
Are you a new business owner thinking about hiring employees? If you live in New York, you will need to provide workers’ compensation coverage for your prospective employees per New York Workers’ Compensation Laws. You are probably wondering what things workers’...
A higher minimum wage could mean higher insurance costs
The cost of living in New York is quite high and people may struggle to afford rent and other basic necessities if all they earn is minimum wage. Some families benefit from more than one adult who juggles multiple jobs and still struggles to make ends meet. Lawmakers,...
What New York employers should know about misclassifying employees
Some employers in New York have misclassified their employees. Unfortunately, this can have severe repercussions. Some of the information regarding employee misclassification employers should be aware of is found here. How does employee misclassification happen?...
How common is workers’ compensation fraud?
As a business owner, you cannot afford to waste money. One area you might not have considered as a possible source of waste is paying too much in workers’ compensation insurance contributions. While you need to have coverage, you don’t want to be paying more than you...