What Small Businesses Need to Know About Workers Compensation

What Small Businesses Need to Know About Workers CompensationCredit Lane V. Erickson/Shutterstock Workers compensation, or workers comp, is insurance that protects employers from liability if their employees are injured in the workplace. This system provides coverage for employees lost wages, medical bills and other expenses if they are injured on the job, and limits the likelihood that employers will be sued for workplace-related injuries or illnesses.Enterprise geschftlicher umganges and large corporations know they need workers comp coverage. But many small and midsize businesses dont realize that they, too, are legally required to have this coverage.Why SMBs need workers compBusinesses are legally required to have workers comp coverage from the moment they hire employees, explains Jeff Somers, president and head of retail at Insureon. In most states you are required by law to carry workers comp insurance, regardless of your industry or number of empl oyees, says Somers. You may even be required to carry this coverage even if youre a sole proprietor.While very small businesses, or firms whose employees primarily work desk jobs, may skip coverage, assuming that accidents are unlikely, doing so could result in legal penalties and fines. It could also mean that an accident or injury at the workplace coulddrain your budget and involve you in a lawsuit. Carrying workers comp insurance protects you, your employees and your business.Editors notlagee Need a workers comp insurance policyfor your business? Fill out the below questionnaire to have our vendor partners contact you with free information.Your states policiesIn the United States, workers compensation laws are regulated at the state level. While these requirements are often similar, there may be crucial differences in the coverage your business is required to have, such as when you are required to buy coverage.Your states regulations also impact how and when you need to report ac cidents and the penalties for not doing so. In Florida, for example, employers are required to report claims within seven days after they are notified that an accident or injury occurred.If an employers late reporting of a claim delays the payment of an injured workers benefits, the state of Florida can penalize the business, explains Karen Phillips, the general counsel of the Florida United Businesses Associations workers compensation insurance program.If your employees work in more than one state, youll need to purchase coverage in each state, which can further complicate the requirements. Each state has an agency set up to manage their individual workers compensation programs, says Kevin Hess, a partner in management-side labor and employment law firm Fisher Phillips. Those agencies generally have a wealth of information available to employers to assist them in ensuring they are compliant with the necessary workers compensation requirements.What coverage you needMany factors impa ct the coverage your business needs, including the number of employees you have, their risk exposure and your businesss history of workplace accidents. Businesses in high-risk industries, such as construction, typically pay higher premiums and need more coverage than businesses where employees work at an office.Depending on your states requirements, business owners and sole proprietors may not need to purchase coverage for themselves. While that strategy may save you money right now, it could put you at risk in the long term.Small business owners need to understand the cost-benefit analysis, Phillips says. The owners health insurance policy may not cover workplace accidents, meaning the owner could have to pay out of pocket for any medical bills or lost wages they may have.Reporting a claimAny and all workplace injuries should be reported to your insurer as quickly as possible, even if they seem minor or if the employee doesnt press the matter.Often, what seems like a minor injury, like a bee sting, can turn into something much more extensive, like an infection, depending on the overall health of the injured worker, says Phillips.Its important to timely report all claims to the insurance carrier so they can get involved.Once you report a claim, the process is handled by the insurance company, allowing you to focus on running your business.The insurance company adjuster manages the injured workers care, and the insurance company hires an attorney to defend the employer should the injured worker hire an attorney, Phillips explains. The employers job during the claims process is to provide any information the claims adjuster asks for and to cooperate fully with any investigation. Employers who dont cooperate with the insurance company will often find their insurance being canceled.Post-accident investigation and drug testingCooperating with your insurance company often involves some degree of investigation. Larger businesses usually have detailed procedures or co rporate policies for how these investigations happen. SMBs should have these policies too.First and foremost, those policies should include documenting the injury, including any potential witnesses and when the claim was first reported. This should be done for each and every claim, advises Hess. The employer should also train employees on the appropriate steps to investigate and document a workplace injury.In some cases, you may want or need to administer a drug test following a workplace accident. States have different rules for when and how these tests can be used, and in many cases, this depends on how clearly your companys drug-testing policies are outlined and available to employees.Employers should maintain drug-testing policies that are compliant with applicable laws, including the limitation on post-accident drug testing, Hess says.To make sure your drug-testing policies pass legal muster, consult with a lawyer before you put them in place, long before any workplace accident occurs.What isnt covered by workers compWhile workers compensation insurance covers your business in many scenarios, it doesnt protect you in all of them.Workers comp doesnt cover all lawsuits over employee work injuriesit only covers what the state requires them to cover, Somers warns. In some states, certain schrifts of workplace injuries and illnesses, along with accusations of negligence from employees, may not be eligible for the benefits included in workers comp.To protect against lawsuits in these instances, you may need additional coverage, such as employers liability insurance. This type of insurance can help pay for legal fees, court costs and any settlements you are required to pay.To find out how best to protect your business in all possible scenarios, consult a workplace insurance expert before you hire your first employee. Katharine Paljug Katharine Paljug is a freelance content creator and editor who writes for and about small businesses. In addition to Business News Daily, her articles can be found on Your Care Everywhere, She Knows, and YFS Magazine. Visit her website to access her free library of resources for small business owners. 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3 Steps for Bouncing Back From Rejection Like The Champ You Are

3 Steps for Bouncing Back From Rejection Like The Champ You Are No, he said calmly, looking over his glasses at herbei, then looking back at the proposal in front of him. Her proposal had the potential to shift the company culture in a profound way. And with that no, her heart sank.What does that mean, anyway when your heart sinks?What it feels like to be rejectedIn literature, its a way for the writer to say she welches disappointed. But in real life, a mora accurate description would be, She felt like she welches going to throw up. Her pulse raced, her face got hot, she broke out into a sweat.No can be the most confusing word. Often you go into a meeting expecting a yes. After all, your idea is a good one, you wouldnt have suggested it if you didnt think it worthwhile. You can already see your success, the victory parade and your anthroponym in lights Yes, Melissa had such a great idea So when you get a rejection, the physical and emotional pain can leave you feeling off your game for a long time.Why its important to bounce back from a rejectionBeing able to absprache with a no is an important part of our work world. Getting through a job interview, getting a promotion, getting a raise and getting more of what you want at work in general are tied to your ability tonegotiate, to stand tall in the moments of tension that come up when you speak up. Without throwing up.How do you verstndigung im strafverfahren with rejection when you put yourself out there, take a risk, ask for something big and important? What happens when you share your idea, then have it ignored or rejected? When you share a passing thought in the hallway with a peer, then have it laughed at or dismissed? These are all negotiations, all agreements you have to guide toward an outcome that works.Why do we feel shame (aka humiliation) when we get a no?Contexts in which we feel rejectionI can recall with perfect vividness the feelings Ive had almost every time my ideas were shot down. There was t hat time I told my boss that I had been talking to the schlussverkauf managers about what was happening in the field so I could give them a new sales tool that would really hit home. Stop, he said. We dont ask them, we tell them. My heart sank (and I felt like throwing up).And then there was that time I created a brilliant training program that gave new hires thenegotiation skillsthey needed to blow their quotas off the charts which the client declined and stuck with their current training plan that wasnt working. My heart sank (and I felt like throwing up).Oh, and what about every time someone misses a meeting with you, reschedules three times in a row, has a coworker take credit for an idea that was yours, a client that decides to go in a different direction, or your manager declines to recommend you for the manager training program? All rejections to get over (without throwing up). And thats just focusing on work-specific rejection of course, there are all kinds of other rejectio n to be dealt with as well in life, as well, including from friends, romantic relationships, and family members or parental rejection.Why were wired to feel shame biologicallyIts easy to bedefeatedby rejection. Our biology works against us. I work with many women (and men, were all menschenfreundlich) who let the fear of rejection hold them back. They stop speaking up in meetings, sharing ideas, get quiet, put their head down and just do their job, all because of the shame they feel when they get a no, and they fear they feel in pessimistically anticipating that no (a self-fulfilling prophecy, if you will).This shame is rooted in our biology. Like so many of our annoying biological responses that worked well to keep us alive when we lived in caves but do notlagehing to grow our relationships or careers now, we have to consciously work to change it.Back then, our survival was dependent on belonging to a tribe. We are biologically programmed to belong to enaya our survival.When we fe el a social rejection, we feel it deeply and it lasts for a long time. I bet you can remember a social or peer rejection much more acutely than physical pain. Science backs this up.Why were wired to feel shame emotionallyWhen you recall rejection, you feel the SAME pain as you did the first time. Not so much with physical pain. Sure, you remember that time you broke your arm and you remember that it really hurt, but the acute physical pain usually doesnt reoccur when you run through it in your mind.Not so for the emotional pain we feel with rejection.Studiesshow that human beings brains react in the same way to physical and emotional pain. When you rewind the tape in your mind and watch it over and over again, that moment when you shared your great idea that was rejected by your boss, you feel the same physical responses your stomach gets tight, you sweat, your heart beats faster, or you feel like throwing up. This ability to re-watch that pain over and over (and over and over, for some of us) was the way our biology helped us survive. By making it sting so much worse than a physical injury, the mere thought of rejection ensured we followed the status quo to avoid it in the future.Three steps to get over rejection and try again1) What you thinkAsk yourself is this about me?Usually, its not about you. Your inner critic may start to blame you, but dont allow it to be the loudest voice in the room. Think about what youd say to a friend in the same situation. Would you say, Oh, youre such a stupid idiot, why did you say that? You look so dumb now, everybody knows your ideas are the worst No, you would never say that to a friend. Why would you say it to yourself? Dont. You deserve as much (if not more) respect as your friends. Youre a human being, too, after all.If it IS about you, its time to get curious. After you go cry in a dark room alone, dry those eyes and find out why.Look that rejection in the face, acknowledge it and dismiss it.Say to yourself, Hey, tha t sucked. I feel this shame and embarrassment and I am not going to be beaten by it. We all have great ideas and bad ideas and great ideas with bad timing. We all do a great job one day and totally mess up the next. Its part of being human.Dont let it define you or dopermanent damageto your self-esteem. Dont let it shut you down or quiet your ideas, the good ones or the bad ones. Because you never know when a bad idea will suddenly turn into a great one and change the world.2) What you sayWhy did the other person say no? What is the rejection all about?Without a reason, we tend to spiral into self-doubt, thinking it was just a bad idea. But more often than not, it has nothing to do with you or your idea. Its often the timing, things that you dont know about or cant see from your position.Asking questions to find out more aboutwhyyou got a no is the key to successfully negotiating a yes for the next time, or even changing a no into a yes when you find out more. Often as you ask quest ions, you start to see that you can adjust things in your proposal.Questions like Id like to understand more so that I can shape my proposal for the next time. Can I ask you a few questions to be sure I understand? Asking if you can ask questions might at first seem redundant, but it has an important purpose. If you jump right into asking questions, those questions can be perceived as defensive, as I need to know all the reasons why you think my idea wont work because Im hurt, versus your real intent, which is, Id really like to understand more about how you see this so I can solve the problem in a way that works. Help me understand more about what you liked and didnt like. Asking a question with help me understand is a way to diffuse your defensiveness. It also draws other people in to be helpful. You want to come across as being genuinely curious.3) What you doKeep asking, keep proposing, keep sharing and keep challenging the status quo. You cannot stop. Your action item is to not let a no to stop you. You mustget back on the horseand ride again.Check out the bookOption B Facing Adversity, Building Resilience, and Finding JoybySheryl SandbergandAdam Grant, which has been called a powerful, inspiring, and practical book about building resilience and moving forward after lifes inevitable setbacks. Sandberg talks about the ultimate setback in her life, the sudden death of her husband. The powerful message in the book is one of hope and joy and how to get back on that horse.Rejection and the pain of rejection is part of a full life. If you never get a no, then you arent taking enough chances. I know more than a handful of brilliant, articulate women who tell me, I never speak up in meetings. When I look around the table and see the people who have more experience than me, who have more knowledge than me, and I feel too intimidated to say anything. Maybe after the meeting Ill share an idea with the organizer, but I usually just go with the flow.And just as ofte n women say, I knew it was a bad idea when we agreed to do it, but I felt like everyone else in the room was so much more experienced than me. I thought I was wrong.The bottom lineImagine what our world might look like if you took a chance, spoke up anyway and learned to deal with rejection by stomaching a no.Bouncing back from rejection is a huge part of getting more of what you want in life and a critical part of negotiating every agreement. Those who ask for more, get more. And those who ask for more, get rejected more often But you can get back into your groove more quickly once you understand how to deal with it.--Melissa Hereford will teach you how to negotiate with confidence. Get your free course, Take the Fear Out of Negotiating, on her website.

Solutions for Writing a Resume and Cover Letter Tool in Easy to Follow Step by Step Format

Solutions for Writing a Resume and Cover Letter Tool in Easy to Follow Step by Step Format Ruthless Writing a Resume and Cover Letter Tool Strategies Exploited Resume or CV is really the most important tool at the very first stage of being hired. Resume is the most important instrument when on the lookout for the job or applying for the university. A titelbild letter is a document thats sent together with your resume as parte of your job application. For many job seekers, it plays a significant part in the application process. It is a great opportunity to show the employer how the job position is attractive to you and why you want to work for their company. Your titelseite letter is among your very first opportunities to get noticed by employers. If youve written a very good cover letter, it will likewise show your expertise and writing skills that maynot be judged by taking a look at your resume. A cover letter is a document together with your resume that states and ext ra information regarding your abilities and experience. Sending a cover letter also shows you enthusiasms and difficult work as the employer can observe you have dedicated your time to know more about the organization and the job requirements. When youre writing a cover letter for a customer tafelgeschirr or retail position, take the opportunity to be sure that your letter properly displays your finest qualities in the region of consumer services. Get the Scoop on Writing a Resume and Cover Letter Tool Before Youre Too Late Cover Letter is extremely useful when youre doing a work search. Enclosed youll find my CV. Details of Writing a Resume and Cover Letter Tool In most instances, the solution is yes. Understanding how to compose a great cover letter can produce a drastic difference in the responses you get from employers you would like to work for professionally. An effective cover letter has to be compelling yet to-the-point to avoid wasting someones time. The Foolproo f Writing a Resume and Cover Letter Tool Strategy Specify youve attached your resume and cover letter and dont repeat what youve written in the cover letter. It is essential your cover letter be tailored to every position youre applying to. A cover letter is a document thats packaged together with a proposal. It is your first impression and it needs to be a good one. There are 3 general kinds of cover letters. Besides highlighting the essential elements of a cover letter, in addition, it provides a sample cover letter thats useful in understanding the instructions. The resume cover letter shouldnt be a repetition of information thats already mentioned in the resume. Review our examples and make use of what you learn how to develop job-specific cover letters for every one of your applications.