It’s easy to understand how employees benefit from California’s workers’ compensation system. Workers’ comp provides employees with theoretically easy access to financial assistance if they sustain injuries or develop illnesses as a result of their jobs.
However, it’s also worth noting that California’s workers’ compensation system also offers significant advantages to employers. This overview explains how.
One of the primary benefits of the workers’ compensation system for employers is that it helps to protect them from liability. Under the system, employers are required to provide workers’ compensation insurance for their employees. This means that if an employee is injured or becomes ill on the job, the employer is not held liable for the costs of the employee’s medical treatment or lost wages. Instead, the costs are covered by the workers’ compensation insurance.
Another benefit of the workers’ compensation system for employers is that it helps to reduce the risk of employee lawsuits. If an employee is injured or becomes ill on the job, they may be entitled to workers’ compensation benefits. However, in exchange for these benefits, the employee is not able to file a lawsuit against the employer. This helps to reduce the risk of costly and time-consuming lawsuits for employers.
The workers’ compensation system also helps to promote workplace safety. Employers are required to provide a safe work environment for their employees and to take steps to prevent workplace injuries and illnesses. By doing this, employers can reduce the number of workers’ compensation claims and improve the overall safety and well-being of their employees.
Furthermore, the workers’ compensation system helps employers to control their costs. When an employee is injured or becomes ill on the job, the costs of their medical treatment and lost wages can be significant. Under the workers’ compensation system, the costs are covered by the insurance, which helps to keep costs under control for the employer.
Finally, the workers’ compensation system helps employers to retain valued employees. When an employee is injured or becomes ill on the job, they may be unable to work for an extended period of time. The workers’ compensation system provides financial assistance to the employee, which can help them to maintain their standard of living and to return to work as soon as possible.
Although employers benefit in many ways from the existence of California’s workers’ compensation system, many nevertheless discourage employees from filing claims. They may even try to deny claims (or at least hope their insurer will) because they fear that approvals for workers’ compensation claims may result in higher insurance premiums.
This attitude can sometimes prevent employees from securing the workers’ comp benefits they deserve. To guard against this happening to you, strongly consider enlisting the help of an attorney when filing a workers’ compensation claim. At the Law Offices of Kropach & Kropach, a Los Angeles workers’ compensation lawyer can provide representation to improve your chances of receiving benefits you’re owed. Learn more by contacting us online or calling us at 818-609-7005.