Workmans Comp - I think

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  • Pap_sak
    Silver Member

    • Sep 2008
    • 466
    #1

    Workmans Comp - I think

    Just received some forms in the post from the dept. Labour. W.As.8

    Is this for workmans compensation?
    I am in retail - do I still need to fill this out?
    Approx how much will this cost per year on gross salaries of R150,000?

    Cheers
    Tags: None
    • Dave A
      Site Caretaker

      • May 2006
      • 22803
      #2
      Yep - that would be Workmans Compensation.

      I doubt the IOD claims rate is very high in retail, so I'd guess expect a bill of around 1-2% of annual payroll. Probably closer to 1% than 2%.
      Participation is voluntary.

      Alcocks Electrical Services | Alcocks Pest Control & Entomological Services | Alcocks Hygiene Services

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        • Pap_sak
          Silver Member

          • Sep 2008
          • 466
          #3
          Cheers for that Dave. Just another tax - but I guess this one makes a certain amount of sense - if they actually do pay out.

            Comment

            • Dave A
              Site Caretaker

              • May 2006
              • 22803
              #4
              Originally posted by Pap_sak
              if they actually do pay out.
              The claims process is a bit cumbersome and I'm sure payment isn't immediate, but an IOD on Workmens Compensation injury gets an admission to pretty decent hospitals without a problem - so it must be good enough to keep the hospitals happy.
              Participation is voluntary.

              Alcocks Electrical Services | Alcocks Pest Control & Entomological Services | Alcocks Hygiene Services

                Comment

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