Workers' compensation provides employers with financial incentives to invest in safety in the workplace because:

Question

Quizplus · Accepted Answer

Insurance premiums for workers' compensation are based on the injury claims record of the employer. This means that if an employer invests in safety in the workplace and reduces the number of injury claims, they can lower their insurance premiums. This financial incentive motivates employers to prioritize the safety of their employees and prevent workplace accidents.

Workers' Compensation Provides Employers with Financial Incentives to Invest in Safety