In diverse workspaces, employees will do both intellectual and physical jobs. With this comes some risk, where it is possible to get injured within the workplace. To protect employees, employers need to offer workers’ compensation insurance. This can save them from facing massive financial ramifications if an employee gets hurt or picks up an illness while in the workplace.
The main benefit of workers compensation insurance is helping employees with medical benefits in the event of illness or injury while at work. In addition, it can also assist employees with wage compensation if the injury or illness limits them from being able to work for some time.
For the employer, workers compensation insurance offers some protection in the event that an employee chooses to sue the company. This insurance can be used to cater for the legal fees.
The human resources role in workers’ compensation includes fully understanding procedures and policies, legalities, and the process of making claims. Other responsibilities include: –
To manage workers compensation, HR officers need to pay attention to detail and keep excellent records. This ensures that they follow through with the employee every step of the way from the initial report, treatment, as well as ensuring the insurance company fulfils its obligations. Information that needs to be captured includes: –
Once all this information is brought together, HR managers need to file an incident report and use it to make an insurance claim. Where required, it is the team from the HR office who carry out investigations and interviews so that they abode by the regulations of the policy.
Through managing workers compensation, it becomes easier for HR officers to identify gaps. With knowledge of these gaps, it is possible to review the policies and correct them, as necessary. Furthermore, the HR officers need to consider the aspect of law with workers compensation. The two main laws are the Family and Medical Leave Act, as well as the American Disability Act.
It is the responsibility of the HR team to take the necessary preventative steps making sure that the work environments are safe. This also includes consistent education of employees so that in the event of any workplace accident, they know what needs to be done.
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