What does Workers Compensation provide to employees?

Workers' Compensation provides cash benefits for job-related injuries, which is essential for employees who suffer injuries while performing their work duties. This program is designed to support workers by offering financial assistance during their recovery period, covering lost wages due to an inability to work after an injury. The focus is on ensuring that employees do not face financial hardship as a result of work-related incidents.

In contrast, healthcare insurance benefits are typically provided by health insurance plans, not specifically through Workers' Compensation. Tax incentives for employment do not fall under Workers’ Compensation, as this program is centered around injury and recovery rather than employment benefits. Lastly, retirement plans, including those for disabled workers, are separate from Workers' Compensation and involve different insurance and social security structures.