The cost of workers' compensation insurance to a construction company with 500 employees would be higher than the cost of insurance to a small candy company with only five employees.

Question

Quizplus · Accepted Answer

The cost of workers' compensation insurance is based on the number of employees, the industry, and the level of risk involved with the work. A construction company with 500 employees is likely to have more workplace hazards and a higher risk of accidents, resulting in higher insurance premiums compared to a small candy company with only five employees.

The Cost of Workers' Compensation Insurance to a Construction Company