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Many aspire to work at companies like Google, not just due to the pay they offer but because there seems to be no dearth of provisions for engaging employee and employer relationships. The focus on employee welfare started post-World War II when retirement and pension plans appeared as the biggest forms of employer care.
Workers’ compensation and occupational health and safety are not keeping pace. In the US (source: US BLS Current Population Survey, quarterly, non-seasonally adjusted 2002 and 2022 extracted June 2022): The employed non-farm labour force age 65 and over has increased by 2.5 in (Q1 2002). in (Q1 2002).
I accept the following as a fundamental principle for workers’ compensation: If work is the cause of injury and disability, then the compensation and treatment should be funded by the employer. million workers (about 95% of the employed workforce) and 280,000 employers in a province of about 5.5 Coverage extends to about 2.7
Over time, savings may be depleted, debts incurred, and their health and welfare diminished—furthering the burden of their original work-related injuries. Assuming just 2% CPI each year, the 1% reduction means that the purchasing power of each $100 awarded in 2002 will have grown after 10 years to $110.46 far short of the $121.90
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