Auto dealer workers compensation is just as important to your car dealership business as it is to other types of businesses which may, at first, seem to involve more risk. Here are some of the reasons why your automobile dealership should offer workers comp benefits to employees.
One reason that may seem small to you but you should not forget, is that workers compensation is an attractive benefit for new employees. If you are trying to expand your business and hire new employees, then you might consider adding auto dealer workers compensation to your employee benefit package.
On that same note, workers compensation is also a great tool for retaining your hard-working employees. Most workers are honest and do not try to take advantage of the system, but it is assuring for them to know that it is there if they need it.
Another reason why you should invest in a workers comp plan is to protect your business from financial losses. It is like another form of insurance for your business, and when you are talking about insurance, you should always factor in the worst case that can happen. Your auto dealer workers compensation plan will help pay for employee injury treatment, medical expenses and rehabilitation, employee wages while unable to work, and even from lawsuit expenses.
When you seriously think about the future and security of your company workers compensation should be an important part.