How to Reduce the Cost of Workers Compensation?

Workers' compensation insurance is usually purchased by the owners of factories, mines and contractors to provide coverage to the unskilled, semi-skilled and skilled workers in case of any mishap that leads to partial or permanent disability as well as death. Workers' compensation insurance is usually purchased by the owners of factories, mines and contractors to provide Under the Workers Compensation Act 1923, it is mandatory for employers to provide workers comp. However, there are a few ways through which the employer can reduce the worker compensation cost.

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