Knowing your Workman’s Compensation
Workmen’s Compensation is a kind of insurance that the company is required by law to have, either through an insurance company or self-insurance. Money is paid from this insurance to the worker in the event of work-related injury or illness, and to his family in case of a work-related death. This is another of the hidden fringe benefits that you receive as a result of your employment.
Questions for Reflection:
Have you used your workman’s comp?
How do you think management views those that use it frivolously?
Do you consider this a fringe benefit of the job?