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Employers must determine how to classify their workers for purposes of payroll taxes and workers' compensation premiums. Workers in New York will be either employees of the company or independent contractors. This distinction determines whether an employer has to pay...
Workers' compensation is required for all employers in New York; however, not all companies choose to use the State Insurance Fund. Some will opt to pursue self-insurance instead. This is a viable option for many because it may be less costly, which is important since...
If you’ve considered foregoing workers’ compensation insurance for your business, you’ve likely thought of it as a cost-cutting measure. Saving money on a costly policy may seem like a good way to improve your bottom line. But it can cause you to run afoul of the law....
