Workers compensation can be costly and complex for employers. It can be a high risk for business. If an employer is not properly insured, they may be personally liable for penalties which can be some hundreds of thousands of dollars.
Each year WorkCover prosecutes hundreds of employers for failing to take out correct insurance, and routinely winds up businesses that have no capacity to pay outstanding premiums. So it's not something to be unsure about. AFEI can explain how workers compensation works, your obligations, how your premium is calculated and how to deal with your insurer on premium and claims issues. We also assist you to prepare for a workers compensation audit and help you manage the process.