What expense category does workers compensation insurance come under?

There is no definitive answer to this question, as the correct expense category for workers compensation insurance will vary depending on the business and the way it is structured. However, some possible expense categories for workers compensation insurance include:

Employee Benefits

One possible expense category for workers compensation insurance is employee benefits. This is because workers compensation insurance is a type of insurance that provides benefits to employees who are injured or become ill as a result of their job. As such, it can be seen as a benefit that is provided to employees by the business.

Insurance

Another possible expense category for workers compensation insurance is insurance. This is because workers compensation insurance is a type of insurance, and as such it can be seen as an expense that the business incurs in order to insure its employees.

Health and Safety

Another possible expense category for workers compensation insurance is health and safety. This is because workers compensation insurance is designed to protect employees from injuries or illnesses that they may suffer as a result of their job. As such, it can be seen as an expense that the business incurs in order to ensure the health and safety of its employees.