| Australian
Worker’s Compensation
WorkCover
and Workers' Compensation
WorkCover is the name applied
to work Accident Compensation, Occupational Health and Safety, and
other related Workers' Compensation legislation in several States
of Australia.
The requirements for
employers to have Workers' Compensation or WorkCover insurance
varies from State to State, but in general.
Every employer be they an individual, a partnership or a
corporation which commences to employ should at least apply for
and maintain a current policy whilst they continue to employ.
If applying for WorkCover in Victoria it may be that due to the
size of your payroll, initially you might be deemed an
"Exempt Employer". This means your pro-rata annual
payroll is less than $7,500 pa your employees are covered but at
this stage you do not need a policy.
However, if you employ an apprentice, increase your payroll to
$7,500+ or a compensation claim is lodged against you, you
will immediately need to re-apply.
(For further click here).
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