For those who completed business degrees, finding a good company is very essential. It serves as their standing ground as they enter business in the real world.

Here is a list of the five employers that received the most number of applicants from fresh job seekers holding business degrees.

Microsoft

The company has five sections: Client, Server and Tools, Online Service Business, Entertainment and Devices Division, and Microsoft Business Division. Microsoft Corporation develops, manufactures, licenses, and supports a wide range of software products for computing devices. Also, the company provides product support services and consulting, and trains and certifies computer system developers and integrators.

Goldman Sachs

This company is a globally known investment banking, securities and investment management firm that offers a variety of services internationally to a client base. This includes financial institutions, high net-worth individuals, corporations, and governments. There are three sections in Goldman Sachs: Asset Management and Securities Services, Investment Banking, and Trading and Principal Investments.

Google

Google Inc. upholds a directory of internet sites and other online content, making this information available freely to anyone who has access to Internet. The company is generating its revenue chiefly through delivering online advertising. A lot of businesses use Google’s Adwords program to advertise their services and products with targeted promotion. Also, it uses its Adsense program to deliver pertinent ads that produce revenue and improve the user experience.

Bank of America

The Bank of America Corporation is identified as a bank holding company. This firm is providing a diversified variety of non-banking and banking financial products and services through means of their banking subsidiaries and different non-banking subsidiaries all over the United States and in some international markets. BoA has three business departments namely Global Wealth and Investment Management, Global Consumer and Small Business Banking, and Global Corporate and Investment Banking.

JPMorgan Chase & Co.

JPMorgan is the investment banking arm of JPMorgan Chase & Co., which is a leading global financial services firm, operating in over fifty countries. The company holds sections such as small business and commercial banking, investment banking, private equity, financial services for consumers, financial transaction processing, and asset and wealth management.

Basic concepts of  Workmen’s Compensation:

What is Workmen’s Compensation? It is a form of insurance, an economic payment employee or dependents of employee can get even when not actually working on account of injury, sickness/illness and death sustained in the course of employment.

The Workmen’s Compensation may be statutorily enacted and implemented. Statutory compensation often grants the amount depending on the type or kind of injury and the compensation scheme is provided in the specific form. The injury, illness sustained must be one of those stipulated in the kind of injuries that are commensurable. In other words, not all illness or injury may be compensated. It must be one listed and recognized by the law as “Occupational Hazards”.

What Is the Purpose of  Workmen’s Compensation?

The waiver of suits arising from employee’s right to sue against the employer for the tort or negligence is the main objective of Workmen’s Compensation. This is to avoid litigation and the speedy grant to employee financial aid in situation when employee is suffering from disability, illness or death.

What types of compensation can you collect?

*Medical care or benefits include hospital and medical expenses. It may include physician’s visit, surgeries made including medications. In some situations it may cover equipment or facilities for examples like wheel chair or any special vehicle. Medical care also includes “Rehabilitation” for therapeutic care.

*Disability benefits to compensate for wages due to injury or illness that renders the employee impossible to work. Disability may further be qualified depending on the seriousness of the injury.

*Death benefits granted to the dependent family member of someone who was killed on the job.

+other kinds of compensation may be provided by the insurance company.

Covered employees are provided with income and medical benefits through a state-regulated insurance system called “Workers’ Compensation.” These benefits are availed if they are injured on the job or have an illness or injury that is work-related. In cases of gross negligence, the insurance may limit an employer’s liability when an employee raises a suit against the employer for damages. In Texas, private employers have a choice whether or not to carry the workers’ compensation insurance coverage.

For employers who do not have this insurance coverage, they are required to report their non-coverage status and the work-related illnesses and injuries to Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC). They must also inform their employees for non-issuance of this insurance.

Those employers who carry such compensation will be obliged to report the work-related injuries and illnesses to their respective insurance carrier. Failure to meet these requirements will automatically mean an administrative violation that is subject to administrative penalties.

Employers are not required to such insurance but some customers may require it from them. If you’re willing to buy the insurance coverage, TDI has issued license to many insurance companies to sell the said service. Some employers also have a choice to be certified by TDI-DWC to self-insure or be part of a self-insurance group certified by the same body.

If you’re not buying the same, you are considered to be a “non-subscriber.” Either way, you have to inform your employees by posting notices at your work place. The notice must be placed in a prominent place where employees will be able to see it regularly. The notice will inform employees of their rights, benefits, and alternatives.

The title of this post is a frequently asked question by most Texas workers. The next question would be: will it require a recorded statement to the insurance company?

Once they have received the claim notice, most of the insurance companies will still perform a “three prong investigation.” They need to acquire a statement from the employer, the medical provider, and the injured worker. In many cases, it will need a recorded statement from the worker (once they are available in cases of serious injuries).

However, it is not mandatory to have one. The recorded statement will just supplement the case. It will help the investigator obtain facts to determine your claim and the compensation you may get.

The recorded statement is a great factor which will affect the accepted condition to which your claim can be accepted.  This will be good evidence if you have serious disabilities to support your claim. But if they have already released the result saying it is denied. The recorded statement will only be an opportunity for them to collect evidence against you.

But if you decide to let investigators have a recorded statement, here are few keys you need to take:

1. Be certain that you have a clear and alert mind (some are affected by medicines, injuries, etc.).

2. Be clear and specific to all body parts injured.

3. If there is something you can’t remember, tell them straight.

4. If you’re uncertain with the question, ask them to explain further.

5. Answer honestly especially regarding treatment and history of injuries.

6. Be polite. Arguments will not help your case with the investigator.

Be sure to provide actual information because every claim of Texas Workers’ Compensation is a legal issue.

Working at least eight hours a day is never easy. In order for you to earn money and sustain your needs as well as wants, you need to work for it. Eight hours a day of labor is tiring yet it is rewarding when your effort is recognized. It is also best that you are compensated well by the company. Thus, it is significant to really know your compensation rights as a laborer.

Every worker in each nation is regulated with insurance program. It serves as the compensation of employees. It covers income and benefits such as medical assistance. Jobs that are exposed and more prone to illness and injury must be provided with the right benefits.

In Texas, insurance coverage on employee’s compensation depends on the prerogative of companies. However, they usually inform their employees if an insurance coverage is included or not.

Based on the Labor Code’s Compensation Act on Texas Wokers, medical bills are shouldered by the employer if you are harmed or injured because of your job. The Act also states that lost wages will be replaced by the employer.

In line with this, Division of Workers’ Compensation (DWC) is established. The agency is under Department of Insurance of Texas. It primarily operates to delivery recompense benefits of workers together with the declared eligible family. It also functions to resolve safety issues in the workplace and provides health services.

By now, you have an idea about your benefits as a hardworking laborer. If you have inquires you may reach DWC’s assistance center through 1-800-252-7031.