Employee Benefits
Employee Compensation
Employee Compensation
The workmen’s compensation insurance is the primary method by which an employer can demonstrate the ability to meet the obligations imposed by the worker’s compensation statutes. It is compensation payable under a scheme set out in the Workmen’s Compensation Act of India, monitored by the Ministry of Labour. The policy covers statutory liability of an employer for death or bodily injuries caused to employees due to accidents arising out of and during the course of employment.