Financial

Workers' Compensation Income, Disability Benefit

Workers' Compensation Income, Disability Benefit

Payment to replace a portion of an employee's wages or salary in the event that he/she is injured on the job and is unable to work. That is, if the employee is no longer able to perform his/her required tasks due to a work-related injury, he/she receives workers' compensation income, which, for example, may be equal to two thirds of one's ordinary wage or salary. See also: Workers compensation benefits.
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