WC (Workers’ Compensation)
Workers’ Compensation is an official program that provides financial assistance to workers who suffer from work-related injuries or illnesses. It is managed by the state and typically funded through employer contributions to a claims fund. The purpose of the program is to ensure that employees receive the correct and timely medical care, income replacement, and other benefits they may be eligible for as a result of their injury or illness. This program also defines the guidelines for employee safety in the workplace and aims to prevent future accidents.