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What are Impact of COIDA on businesses (employers and employees) Positives 

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Impact of COIDA on businesses (employers and employees)
Positives


  • Promotes safety in the workplace.
  • Creates a framework for acceptable employment practices/safety regulations.
  • Supply administrative guidelines/mechanisms for dealing with/ processing claims.
  • Eliminates time and costs spent on lengthy civil court proceedings.
  • Covers all employees at the workplace if both parties meet all the necessary safety provisions in the Act.
  • Employees are compensated financially for any injury/disability resulting from performing their duties at their workplace.
  • In the event of the death of an employee as a result of a work-related accident/disease, his/her dependant(s) will receive financial support.
  • Employers are protected from financial burden should an accident occur in the workplace provided that the employer was not negligent.
  • Employees do not have to contribute towards this fund.
  • The employees receive medical assistance provided there is no other party.
  • Any compensation to an employee/the family is exempt from income tax.
  • The processes are relatively simple.
  • Makes businesses more socially responsible as they cannot just employ workers at random in dangerous working conditions.
  • Workers are treated with dignity and respect as businesses view them as valuable assets and not just as workers.


asked Feb 26, 2018 in Grade 12 by anonymous Mention the role of O H S
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