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Employee Compensation and Industrial Training Obligations Print

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Further statutory contributions.

WHAT THE EMPLOYEE COMPENSATION SCHEME IS

A scheme providing compensation for workplace injury, illness or death.

WHO CONTRIBUTES

Employers, based on payroll.

WHO ADMINISTERS IT

The social insurance trust fund.

WHAT REGISTRATION REQUIRES

Registering as an employer and remitting contributions.

WHY IT MATTERS BEYOND COMPLIANCE

It is the mechanism through which injured employees are compensated.

WHAT A COMPLIANCE CERTIFICATE IS USED FOR

Government contracts and various applications.

WHAT THE INDUSTRIAL TRAINING OBLIGATION IS

A contribution based on payroll, applying to employers above a defined size.

WHAT IT FUNDS

Training and skills development.

WHAT REIMBURSEMENT IS AVAILABLE

A proportion, where you conduct approved training and claim.

WHY THAT MATTERS

Many employers contribute and never claim.

WHAT CLAIMING REQUIRES

Approved training Documentation Application within the prescribed period

WHAT TO ESTABLISH

Whether each obligation applies at your size.

WHAT TO CALENDAR

Each remittance and each annual filing.

WHAT CERTIFICATES TO OBTAIN

Those you will need for procurement or licensing.

WHAT TO KEEP

Evidence of registration, remittance and certificates.

WHAT TO VERIFY

Current thresholds and rates.


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