Question

In: Operations Management

To spread the cost of workers' compensation appropriately and proportionately among industries ranging from the most...

To spread the cost of workers' compensation appropriately and proportionately among industries ranging from the most to the last hazardous. The cost of accident should be allocated in accordance with the accident history of the industry so that high-risk industries pay higher workers's compensation reflects the underlying principles of_______.

Group of answer choices

replacement of income

prevention of accidents

cost allocation

rehabilitation to the injured employee

Although the OSH Act is the most comprehensive and far-reaching piece of safety and health legislation ever passed in this country, it does not cover all employers. Which of the of the following is NOT an exempted employer?

Group of answer choices

persons who are self-employed

federal agencies covered by other federal statutes

family farms that employ only immediate members of the family

small businesses with less than 15 employees

Solutions

Expert Solution

To spread the cost of workers' compensation appropriately and proportionately among industries ranging from the most to the last hazardous. The cost of accident should be allocated in accordance with the accident history of the industry so that high-risk industries pay higher workers's compensation reflects the underlying principles of_______.

Cost allocation

The potential risks associated with different occupations vary. For example, working as a miner is generally considered more hazardous than working as an architect.

Although the OSH Act is the most comprehensive and far-reaching piece of safety and health legislation ever passed in this country, it does not cover all employers. Which of the following is NOT an exempted employer?

persons who are self-employed

OSHA Exemptions

When all is said in done, private business is secured by the OSH Act and public employees are excluded. The demonstration doesn't have any significant bearing to government employees. Other excluded public division employees incorporate specialists for state and neighborhood governments, except if the state has a word related safety and wellbeing program affirmed by OSHA. Independently employed laborers are likewise excluded, alongside domestic family unit employees and family members chipping away at a farm. Different associations not influenced by the demonstration are normally secured by other government resolutions, for example, atomic vitality laborers, atomic weapons makers, mining organizations and certain transportation employments.

OSHA Coverage

In the definitions area of the OSH Act, a business is "an individual occupied with a business influencing trade who has employees.

**Please leave a thumbs up***


Related Solutions

How is compensation from the exercise of nonstatutory stock options reported to an employee:a) the spread,or...
How is compensation from the exercise of nonstatutory stock options reported to an employee:a) the spread,or difference between the grant price and the fair market value of the stock at the time of exercise is shown in box 14 of the employees form w2:b)the amount of compensation is included in box 1 of the employees form w2 and further identified in box 12 with code v:c) the taxpayer will receive form 3921:d) the taxpayer will receive form 3922
How do disability insurance benefits differ from workers' compensation?
How do disability insurance benefits differ from workers' compensation?
Discuss how disability insurance differs from workers compensation insurance.
Discuss how disability insurance differs from workers compensation insurance.
Unemployment compensation has been a benefit available to most American workers for many decades. This benefit...
Unemployment compensation has been a benefit available to most American workers for many decades. This benefit is provided though a combination of State and Federal programs. Funding for these programs comes from taxes paid by businesses on their payrolls. Discussion and debate has been on going regarding the level of benefits that should be paid, the length of time that these benefits should be paid, and the relative ecomomic benefit that the payments ultimately have. Please comment on unemployment benefits,...
Describe the trend of strikes among workers in the US from the 1930s to the present....
Describe the trend of strikes among workers in the US from the 1930s to the present. I hope to get a detailed answer, thank you
Clothing manufacturing is among the most controversial industries in the world. During the past 20 years...
Clothing manufacturing is among the most controversial industries in the world. During the past 20 years or so, much greater attention has been paid to how and where our clothes are made, particularly in light of tragedies such as the blaze that tore through a garment manufacturing facility in Bangladesh in 2012, killing 117 people – a factory that supplied clothing to American retailers including Walmart and Sears. Considering greater awareness about the use of sweatshops, demand for ethically made...
Workers in the most chemical process industries are exposed to various toxic chemicals without considering health...
Workers in the most chemical process industries are exposed to various toxic chemicals without considering health and safety measures that could lead to different harmful symptoms. If you will be given a task to work as a chemical engineer, for health and safety in the process industries, what necessary measures and risk assessment techniques would you implement in order to control and reduce the level of risk?
Competition among the industries resulted in increase of operational cost. Unfortunately, increased in market demand not...
Competition among the industries resulted in increase of operational cost. Unfortunately, increased in market demand not necessarily improve the profit margin. Explain in detail five ways how you can outsource your operations.
Many employers dislike workers’ compensation claims. Some even actively discourage employees from filing them. Why?
BIS 127Many employers dislike workers’ compensation claims. Some even actively discourage employees from filing them. Why? How does worker's comp claim affect an employer? Why do employers contest worker's comp when employees' file claims?
1. Most firms have found that it is cost-effective to achieve a "zero defects" condition among...
1. Most firms have found that it is cost-effective to achieve a "zero defects" condition among their products and services. True or False 2. Implementation of an activity-based costing system requires a company to generate more detailed accounting information than would be required by a traditional product cost system. True or False 3. Farber Company produces its product in three departments, Prepping, Machining, and Finishing. A customer recently returned a defective product that had not been machined properly. The company's...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT