workers' compensation(redirected from Workmens' Comps)
Also found in: Dictionary, Legal, Financial, Encyclopedia.
Payments required by law to be made to an employee who is injured or disabled in connection with work.
workers' compensationWorkman's compensation Occupational medicine The benefits provided to employees for injuries suffered in the workplace Epidemiology Work-related injuries affect 8 million employees/yr–US resulting in the loss of 73 million work days and 10,000 lives
wor·kers' com·pen·sa·tion(WC) (wŏr'kĕrz kom'pĕn-sā'shŭn)
The U.S. social insurance system for industrial and work injuries regulated at a state level. Sometimes called workman's compensation.
A payment or payments made to an employee injured or disabled on the job. In most states, after a qualifying medical examination, an employee is certified as having specific functional impairments as the result of a documented injury. A predetermined amount of money, based on the severity of the injury and its consequences, is paid to the employee until the impairments improve or resolve.
See also: compensation