COVID-19’s Impact on Workers Compensation

COVID-19’s Impact on Workers Compensation

We are certainly going through unprecedent difficult times that have brought changes to the way we operate in almost every aspect of our lives. Businesses across multiple industries have been financially impacted and whilst the COVID-19 crisis continues to unfold, business have had to make significant operational changes in order to protect their employees and comply with the constantly changing government restrictions and regulations.

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Coronavirus (COVID-19) & Workers Compensation

Coronavirus (COVID-19) & Workers Compensation

Under the Workers Compensation Act 1987 illnesses caused through a work environment may be considered a workers compensation claim. SIRA has therefore confirmed the Coronavirus (COVID-19) disease related illnesses may be considered valid claims. Employers are also able to reprocess premiums if their wages drop more than 30%.

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NSW Premium Incentives Summary

NSW Premium Incentives Summary

NSW workers compensation has seen significant change in the recent years & it is difficult for businesses to stay updated. Under current NSW legislation, there are numerous different incentives that can reduce workers compensation premiums. To make things easy we have summarised each incentive. (more…)