Why would employers want to minimize worksafe claims

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Why would employers want to minimize their WorkSafe claims? To answer this question, think about who pays for this insurance. Research how WorkSafe insurance premiums work, and how they are calculated. Take a look at how premiums are impacted, and how a company's premiums can go up or down. (Hint: there are a lot of parallels to car insurance.) On the flipside, what is the benefit to an employee to get an approved WorkSafe claim? How much does ar employee get paid if they are hurt at work and have an approved claim, versus if they don't?

Reference no: EM132877736

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