Protecting Your Workforce: Understanding Guam Workers Compensation
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As a business owner in Guam, ensuring the safety and well-being of your employees is a top priority. One essential aspect of this is understanding Guam workers compensation and how it can protect both your employees and your business. In this blog post, we'll delve into the details of Guam workers compensation, exploring what it entails and why it's crucial for businesses on the island. What is Guam Workers Compensation? Guam workers compensation is a form of insurance that provides benefits to employees who suffer work-related injuries or illnesses. These benefits typically cover medical expenses, lost wages, and rehabilitation costs. By law, most employers in Guam are required to carry workers compensation insurance to protect their employees in the event of a workplace accident or illness. Why is Guam Workers Compensation Important? Guam workers compensation is essential for both employers and employees. For employees, it provides financial protection and peace of...