Switzerland Workers’ Compensation and Employers’ Liability
You are here because you want to learn how workers’ compensation and employers’ liability work in Switzerland.
If you are considering starting a business in Switzerland or you are an employee who recently got employed in a Swiss company, you need to know all your employee benefits.
Definition of Workers’ Compensation
Workers’ compensation is a type of insurance secured by business owners to cover their employees in the event of an accident, death or injury sustained while doing their job. It also covers occupational diseases caused as a result of working for a company in Switzerland.
How workers’ compensation works in different countries differs. It differs substantially from voluntary to mandatory offerings.
The benefits of workers’ compensation could range from limited indemnity to unlimited medical responsibilities.
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What Is Employers’ Liability and How Does It Work in Switzerland?
In Switzerland, employers’ Liability protects employers from liabilities caused as a result of disease, fatality, or injury due to workplace conditions, practices and accidents.
In some European countries, employers’ liability coverage might include the costs of legal fees and compensation paid to an employee who has been injured at work or that became sick while on duty.
Employers Liability insurance is mandatory for businesses in some jurisdictions. In the US, it is combined with Workers’ Compensation coverage. In the UK, businesses are compelled to hold this type of insurance according to the Employers’ Liability (Compulsory Insurance) Act 1969.
Is Employers’ Liability and Switzerland Workers’ Compensation the Same?
The difference between workers’ compensation and employers’ liability insurance is that employers’ liability covers more. In practice, that means that workers’ comp covers accidents that can’t be prevented while employers’ liability covers a wider range of claims against the employer. Today is a good day to learn all you need to know about filing business insurance claims.
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Benefits Enjoyed by Employees in Switzerland
Some of the employees’ benefits in Switzerland are:
- Social security
- Healthcare and insurances
- Holidays and annual leave
- Maternity and paternity leave