legal

What Does Workers Comp Compliance Cost the Average Company?

The cost of doing business is evolving. Government rules and requirements are costing more and becoming a burden to small businesses. A survey report labeled high regulation costs as a significant reason that hinders the growth of small businesses, whereas large corporations enjoy the power of lobbying. However, regulatory requirements tend to vary depending on business and industry, and it is imperative to identify your worker's compliance requirements. According to Lori Murray, the workers’ compensation system is set up so that...