the advantage of worker's compensation
The worker’s compensations is for sake of social fairness. Compared to companies,workers is relatively vulnerable.Without worker’s compensation,workers may can not get any compensation when they get injured in work or are in maternity.This is unfair for workers.
The compensation for workers can be huge,especially for some serious injury.Without compulsory insurance,the profits of the company may be higher,but there will be a large cut in balance when one injury happens.However if the company buy worker’s compensation,the insurance company will afford the cost.Therefore this can help companies smooth the balance.
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the advantage of worker's compensation
The worker’s compensations is for the sake of social fairness. Compared to companies,workers is are relatively vulnerable.Without worker’s compensation,workers may can not get any compensation when they get injured in work or are in maternity.This is unfair for workers.The compensation for workers can be huge?,especially for some serious injury.Without compulsory insurance,the profits of the company may be higher,but there will be a large cut in balance when one injury happens.However if the company buys worker’s compensation,the insurance company will afford?? the cost.Therefore, this can help companies smooth the balance.
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