Workmen Compensation
Workmen's Compensation Act, 1923 Compliance
Fulfill your legal obligation to provide financial security to employees and their families in case of work-related injury or death.
Introduction and Value Proposition
The Workmen's Compensation Act, 1923, is a crucial social security law that provides financial protection to employees and their dependents in the event of a work-related injury, disability, or death. For employers, it represents a strict liability to compensate affected workers, regardless of fault. Navigating the complex calculation of compensation, managing claims, and interacting with Commissioners can be challenging and emotionally charged. PCS provides expert advisory and claims management services, ensuring you meet your obligations compassionately and compliantly, thereby protecting your employees and your business from financial uncertainty.
Why Choose PCS?
● Compassionate Expertise: We handle sensitive situations with empathy while ensuring rigorous legal compliance.
● Financial Accuracy: Our precise calculations ensure fair compensation and protect you from overpayment or penalties.
● Dispute Mitigation: Proper claims management reduces the risk of costly and lengthy litigation.
Key Challenges We Solve
● Complex Calculations: Difficulty in accurately calculating the compensation amount based on age, wages, and the nature of disability.
● Claims Management: Lack of expertise in managing the end-to-end claims process, from reporting to disbursement.
● Legal Compliance: Risk of non-compliance with reporting requirements and compensation payment deadlines.
● Dispute Resolution: Exposure to litigation and higher compensation awards due to incorrect claim handling.
Review quickly and confidently using Lexend.
Frequently asked questions:
-
When is an employer liable to pay compensation?
An employer is liable if a personal injury is caused to a workman by accident arising out of and in the course of employment.
-
What is the formula for calculating compensation?
It is a percentage of monthly wages multiplied by a relevant factor based on the employee's age and the nature of disability (e.g., 50% of monthly wages x relevant factor for death).
-
Are all employees covered under this Act?
The Act covers workmen, which includes many but not all categories of employees. We can advise on the specific applicability to your workforce.
Stay Connected
Request a Consultation / Talk to Our Experts – with form or phone/email prominently placed.