Statement about workers compensation programs

Assignment Help Financial Management

Reference no: EM132018213

1. Which of the following statement about workers’ compensation (WC) programs is Incorrect ?

a) WC program is run by individual state and is compulsory in every state

b) WC program is designed to cover expenses incurred in employee work – related accidents or injuries

c) WC program only compensates for economic losses but not for pain & suffering

d) Usually, employees cannot sue employers under tort law for benefits covered by WC Law

2. The WC total disability benefit id usually the minimum of the 2/3 of pre- injury income and the state average wage assume the state’s average weekly wage is $600. If an employee’s pre- injury weekly wage is $800 how much is weekly WC total disability benefit?

a) $600

b) $800

c) $533

d) None of the above

Reference no: EM132018213

Questions Cloud

What are the requirements and committments of the company : Suppose the following: You are an HR Director for a US-based company and are preparing to hire a Chinese citizen for a job in the U.S.

Discussing your thoughts about the given case : Write a 1 page paper discussing your thoughts about this case while addressing the following: Summarize the facts of Mr. Bono's case.

Complete the strategic human resources functions matrix : Complete the Strategic Human Resources Functions Matrix by selecting three activities from this list of functions that HR usually manages in organizations.

What is the effective annual yield on this investment : What is the effective annual yield (EAY) on this investment?

Statement about workers compensation programs : Which of the following statement about workers’ compensation (WC) programs is Incorrect ?

Define how you want to approach the subject : You should submit a one to two page proposal to the instructor using the appropriate Assignment Board by the end of Week 2. You should spend some time.

Identify potential roles of human resources representatives : Identify four potential roles of human resources representatives within an organization. Create a Mind Map or infographic that summarizes.

Opportunity cost of capital for this type of equipment : Your company's tax rate is 45% and the opportunity cost of capital for this type of equipment is 10%. The NPV of replacing the year-old machine is ?

About wacc as well as data you can find through research : Determine the WACC for Nike Inc. using what you know about WACC as well as data you can find through research.

User Account

All Pages