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Do you need workmans comp insurance for your employees at your restaurant?
Wiki User
∙ 13y ago
Workers compensation insurance requirements differ by state. Among the variables are the number of employees and the aggregate payroll. Under some circumstances, if an employees also hasan ownership or managerial role in the business, he/she may opt-out.
One of the ways to handle workers compensation, especially for a small business, is through an employee leasing company, also known as a "professional employer organization". Through a legal fiction authorized by statute, the employees become the employees of that entity for purposes of obtaining workers compensation insurance. By aggregating the employees of many similar business and "delivering" them to a workers compensation insurer, sometimes economies of scale can be achieved such that lower workers compensation premiums can be obtained.
The employees generally remain the common law employees of the original employer from the standpoint of discipline, hiring, firing, and other indicia of employment. That is, the employee leasing company provides mostly business services and may act as a conduit for insurance.
A business must be very careful to research the bona fides of the employee leasing company that it considers using, and to get references. While many are just fine, in the past, the industry was a hotbed of insurance fraud, often placing employers with phony workers compensation insurers.
Wiki User
∙ 13y ago
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When is employer required to have workmans comp ins?
It depends on your state, but remember that if you have employees, even if your state has an exemption you remain liable for your employees medical costs and more whether you have insurance or not.
You are a sub contractor work by your self do have to pay workmans comp?
In some states being a sole proprietor with no employees allows you a waiver for the state required workmans comp insurance. However, many large companies as well as state and federal projects will require WC insurance, regardless of the waiver status.
Is Workmans comp required for minors?
Yes - and even if your state has an exemption for you because you have less than a certain number of employees or subcontractors, you remain liable even if you don't have Workers Comp insurance.
What type of insurance protects workers who are injured on the job?
This is usually called "Workers' Compensation Insurance", or "Workers' Comp" / "Workmans Comp" for short.
Do you need workmans comp insurance with only 2 part time teenage employees in Oklahoma?
Yes, OK requires Comp for all employers and all employees. You may be surprised to find how inexpensive it can be, and it's better to have a low limit than none at all. Your insurance agent can give you a quote.
When your employer decides to get workmans comp in South Carolina do the employees have to be drug tested in order for the company to get the insurance or are they only tested after an injury?
Most insurers will require initial testing of all employees and random testing of all employees thenceforth.
Do you need workmans comp as sole proprietor in ma?
By law, it's optional for sole proprietors. Reality can be different though. In the construction trades most general contractors will require any subs who are sole proprietors to have workmans comp. This is what their insurance companies require. If a sub doesn't have workmans comp the insurance company adds their wages to the gc's bill.
Who do you contact about workmans comp fraud?
The employer, the insurance company, your state board of insurance and your state's workers' compensation bureau are all good to contact about Work Comp insurance fraud.
Where do you get an exemption form for workmans comp in Florida?
i understand that in fl i am not required to carry workmans compensation for my tree service when i only have 2 part time employees
Do Shareholders of S-corp require Workmans comp?
If you are the sole owner / employee of your s-corp, workers comp insurance is not required in CA, however some companies you do contract work for may require you to have wc insurance or some type of liability or health insurance.
Do you need workmans comp insurance for a concession stand if employee 13 years of age?
You need workers' compensation insurance if you have employees. You do not need worker's comp insurance if you are a sole owner. In most states, owners of a business are exempt from having workers' comp for themselves. The type of business does not matter. If you have employees, you need comp insurance. ...plus, the venue, whether a city owned street, school or music venue SHOULD require that you carry the coverage on yourself to ensure you don't allege to be its employee if you suffer an injury.
What if your hurt at work and dont have workmans comp?
if your employer doesn't have workers comp insurance then you sue the company directly. Find a good lawyer.
