Workers' Compensation

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Related to Workmen's Comp: Workers comp

Workers' Compensation

Insurance that pays for an employee's medical care in the event that he/she is injured at work. Workers' comp may also provide for lost wages and compensate for disability or reduced earning potential. In exchange for receiving workers' comp, the employee surrenders the right to sue the employer for negligence. Workers' comp is mandatory in many jurisdictions and employee paychecks are reduced by the amount of the premium.
References in periodicals archive ?
They are cheating our Workmen's Comp system and are engaging in employment practices which ultimately cheat our state out of jobs and tax revenue.