2007-02-15 08:57:41 · 3 answers · asked by pmHR 1 in Business & Finance ➔ Insurance
Yes, because that's what the workers comp carrier would pay. You don't pay TAXES on that payment, so they subtract it out.
Stuart, in Texas, workers comp is optional. It's the ONLY state where an employer is NOT required to carry it.
2007-02-15 11:03:41 · answer #1 · answered by Anonymous 7 · 0⤊ 1⤋
As you know, Texas does not require an employer to provide WC. One of the risks the employer takes in opting out of WC is that she is open to being sued by employees injured on the job. In your case, the employer is apparently attempting to settle with you for 60% of lost time. There is nothing illegal about this but you still may opt to sue if you are unsatisfied. Keep in mind that if your employer is a small business, you may force her out of business.
2007-02-15 09:10:18 · answer #2 · answered by SA Writer 6 · 0⤊ 0⤋
A Texas employer without workman's comp insurance should be nailing the doors shut so the law won't come in and drag his criminal *** to prison.
2007-02-15 09:02:22 · answer #3 · answered by Stuart 7 · 0⤊ 0⤋