Management and Organizational Studies 3344A/B Chapter Notes - Chapter 3: Occupational Disease, Cardiac Arrest
Document Summary
A form of insurance to help workers injured on the job to return to work. Ensures an injured worker: receives first aid treatment, benefits while at home recuperating, proper treatment for any injuries/rehabilitation. Overview of workers compensation: a non-adversarial process: little or no recourse to the courts. In some provinces a premium may be increased or decreased depending on safety record. It"s a trade off workers know they will be compensated without lawsuits, but they accept that the wcb has. Employers have to pay for the workers" compensation system, but they also know they are protected from litigation authority to determine the amount of compensation. that could drive them into bankruptcy. Administration and responsibilities: provincial boards, fix and collect assessments, determine right to compensation, pay amount due to injured worker. System of compensation is one of collective and compulsory liability. Each employer is assessed a rate that is a percentage of its payroll.