Occasionally, an employer is unable to obtain workers’ compensation insurance on the open market because the business is too small to justify the expense of selling and servicing the account or because of the nature of the risk involved in the business. In this case, the employer would buy the insurance through the Assigned Risk Pool. Additional information about this type of plan can be obtained from an insurance agent. SEMINARS ON WORKERS’ COMPENSATION The Minnesota Department of Labor and Industry provides speakers and sponsors seminars and programs for employers on controlling workers’ compensation costs. Refer to WC Training for Employers. Contact information about workers’ compensation seminars may be obtained from the Minnesota Department of Labor and Industry at the address and telephone number provided in the Resource Directory section of this Guide. FURTHER INFORMATION Additional information on workers’ compensation may be obtained by calling the Workers’ Compensation Division at the address and telephone numbers provided in the Resource Directory section of this Guide. The Division also produces a primer about HIPPA (privacy of health information) and workers’ compensation which will be helpful to employers.
EMPLOYEE BENEFITS
Employers commonly provide some form of health care, life insurance and retirement benefits for their employees. Although employers are not required to provide these plans, if the plans are provided they must comply with federal and state laws. PAID FAMILY AND MEDICAL LEAVE A 2023 Minnesota law provides for paid family and medical leave for all employees beginning in January 2026. The new law is available for the use of an employee who is unable to work because of their own health condition or who will use the time to care for a family member or new child or who needs the time because of certain military related events or personal safety events. Starting in January 2026, employers will remit to the state 0.7 percent of an employee’s taxable wages as a premium with the employer permitted to charge 0.35 percent of that amount to the employee through a wage deduction. Although collection of premiums will not begin until January 1, 2026, employers will be required to provide in mid-2024 a wage detail report showing the quarterly wages paid and hours worked for each employee.
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