"We want you to know how extremely grateful we are for your meticulous attention even to minor details. We were touched to receive a reimbursement of a sum less than $5 from you, knowing that the work involved in sending the money to us was probably worth more than the reimbursement."- Erik and Christina E.
Workers compensation insurance is a great tool – a virtual necessity for any employer. And it’s mandatory in New York.
Before workers compensation was developed, a worker injured on the job had little recourse except to sue his boss – you – to pay for treatment and any ongoing disability. If he succeeded, the boss – you – had to pay high damages, and still go through the cost and hassle of a legal proceeding. You might even be held liable for punitive damages.
With workers compensation, an injured employee files a claim – be it a permanent disability or a relatively minor problem requiring a doctor’s visit – and he gets medical and wage benefits.
You don’t lose a valued employee, and you don’t lose your shirt in a lawsuit. You win both ways.
