Posted on: September 24th, 2018
Workers’ compensation is the insurance program that provides effective compensation for disability, rehabilitation and medical benefits for employees that have suffered injuries on the job. The State Law in Oklahoma requires employers to provide appropriate workers’ compensation insurance for all their employees, even if they have only a single part-time employee.
There are certain exceptions and regulations, but at the end of the day, employers are required to have workers compensation insurance. We at Partners HR provide OKC HR outsource solutions and have detailed information on what’s involved in workers compensation.
The Protections That Workers Compensation Offers
Even in states where it isn’t mandatory for employees to offer workers compensation, many opt for it, and with good reason. They are able to take advantage of certain critical protections which are unavailable to nonparticipants, such as:
Why It’s Important to Participate
Participating in your state’s workers’ compensation program is a very good course of action to protect employees as well as your company. Since participation in the workers compensation program is mandatory in Oklahoma State, you can face severe consequences, for failing to toe the line. There can be various repercussions such as:
OKC Outsourced Human Resources Can Help Streamline Processes
Regardless of the way you look at it, having the required workers’ compensation is one of the best ways to protect your employees and yourself from devastating lawsuits. You have the peace of mind the interests of your employees, as well as your organization, are covered. This allows you to focus on keeping your company on track. If you want to know more about workers compensation and our outsource human resources OKC services, contact us at Partners HR. You can also call us at 877 270 1020.
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