Workmans Compensation
Tuesday, February 16th, 2010
For pros in the business, what is the average cost to the employer for workmans compensation?
I am in Ca. and was wondering what the average cost in insurance premiums, medical treatment, worker salary, etc. for minor (laceration needing stiches) to major ( broken bones, amputattion, death).
Thank you.
Understandably, rates are diffrent by industry and the potential for risk but what is the overall cost to all parties.
Let take for example a midsize corporation with an max of 2000 employees in a retail setting.
How bout a large corporation with 9000 employees in an aerospace setting.
The ONLY cost to the employer is the premium. The premium is based on wages/salary, and the type of work being done. So, for example, an employer of a roofer is going to pay 25% of whatever the wages are, for Workers Comp. If the roofer gets $20,000 a year, the employer pays $5,000 in workers comp.
Workmans’ Compensation
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#1186 4c Workmans Compensation – Artmaster FDCB4 $2.35 |
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US Full Sheet # 1186 MNH – 4¢ Workmans Compensation $2.00 |
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1186v 4c Workmans Compensation Act MNH Error Sheet! $7.95 |