Podcast
Questions and Answers
Which of the following scenarios would LEAST likely be covered under the Compensation for Occupational Injuries and Diseases Act (COIDA)?
Which of the following scenarios would LEAST likely be covered under the Compensation for Occupational Injuries and Diseases Act (COIDA)?
- A domestic worker injured while performing their duties at a private residence.
- An employee temporarily working in a foreign country who sustains an injury. (correct)
- A construction worker who contracts a work-related illness due to exposure to hazardous materials.
- A factory worker injured on the job due to faulty machinery.
A business is found to be delaying the processing of COIDA claims for its employees. What potential consequence might the business face due to this non-compliance?
A business is found to be delaying the processing of COIDA claims for its employees. What potential consequence might the business face due to this non-compliance?
- The business may be subjected to fines and penalties, as well as potential recovery costs. (correct)
- The business may face imprisonment of its directors, regardless of the severity.
- The business may be forced to shut down its operations immediately.
- The business will receive a warning letter but no immediate financial repercussions.
What is the primary reason COIDA eliminates time and costs spent on lengthy civil court proceedings?
What is the primary reason COIDA eliminates time and costs spent on lengthy civil court proceedings?
- COIDA ensures all businesses operate with zero risk of employee injuries.
- COIDA enforces mandatory arbitration for all workplace injury disputes.
- COIDA prevents employees from seeking any form of legal recourse for workplace incidents.
- COIDA provides a streamlined process for compensation claims, avoiding the need for litigation. (correct)
A company is struggling financially. Which action related to COIDA compliance would MOST likely exacerbate their cash-flow problems in the short term?
A company is struggling financially. Which action related to COIDA compliance would MOST likely exacerbate their cash-flow problems in the short term?
A business owner attempts to bribe an employee to prevent them from reporting a workplace injury. What is a likely penalty the owner might face?
A business owner attempts to bribe an employee to prevent them from reporting a workplace injury. What is a likely penalty the owner might face?
Flashcards
COIDA Advantages
COIDA Advantages
COIDA promotes workplace safety, simplifies claims, and covers vulnerable workers.
COIDA Disadvantages
COIDA Disadvantages
COIDA can have expensive implementation, excludes foreign workers, and might cause cash-flow issues for businesses.
COIDA Non-Compliance
COIDA Non-Compliance
Failing to pay contributions, delaying claims, or obstructing reporting.
COIDA Penalties
COIDA Penalties
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COIDA Compliance
COIDA Compliance
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Study Notes
- The Compensation for Occupational Injuries and Diseases Act (COIDA) impacts businesses, with both advantages and disadvantages
Advantages of COIDA for Businesses
- Promotes safety in the workplace
- Eliminates time and costs associated with civil court proceedings
- Employees do not contribute to the fund
- Claiming processes are relatively simple
- Covers vulnerable workers, including domestic workers
Disadvantages of COIDA for Businesses
- Claiming processes can be time-consuming
- Implementation procedures may be expensive
- Workers temporarily/permanently employed abroad are not covered
- Employers must register all workers, potentially causing cash-flow issues
Actions Considered Non-Compliant Under COIDA
- Failure to contribute to the Compensation Fund
- Delays in processing claims
- Bribing or preventing employees from reporting accidents/injuries
- Setting off compensation against an employee's debt
Penalties for COIDA Non-Compliance
- Businesses may be forced to pay recovery costs to the Compensation Fund
- Employees may sue businesses for not registering them
- Fines can be imposed for refusing to lodge claims or contravening the Act
- Large penalties and/or imprisonment may result from misconduct
Ways for Businesses to Comply with COIDA
- Submit annual returns of earnings by March 1st
- Pay levies to the Compensation Fund
- Provide a healthy and safe working environment
- Report all incidents causing death, injury, or illness of employees
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Description
Explore the Compensation for Occupational Injuries and Diseases Act (COIDA) and its effects on businesses. This includes the advantages of promoting workplace safety and simple claiming processes, as well as the disadvantages like time-consuming claims and implementation costs. Understand compliant actions and penalties for non-compliance.
