WCBM meaning in Regional ?

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What is Workers Compensation Board of Manitoba mean?

The Workers Compensation Board of Manitoba (WCB) is an agency of the Government of Manitoba that provides a system for workplace injury and disability insurance for workers and employers of Manitoba, paid for by employers.

Established in 1917 in accordance with The Workers Compensation Act, which was passed the previous year, WCB's creation was the result of a compromise: injured workers gave up the right to sue employers in exchange for no-fault insurance in the case of work-related injuries or illness, while employers agreed to pay for the system providing they would be protected from lawsuits. One of the problems that workers' compensation was created to solve, namely, the problem of employers becoming insolvent as a result of high damage awards. The system of collective liability was created to prevent that, and thus to ensure security of compensation to the workers. Individual immunity is the necessary corollary to collective liability.

WCB is run by a board of directors that consists of 10 members appointed by the Manitoba government from nominations submitted by labour, employers and the public. The Chief Executive Officer (CEO) is a non-voting member of the Board of Directors. As of 2021, the current Chairperson of the Board of Directors is Michael D. Werier, and the current President and CEO is Richard Deacon. As of 2019, the Workers Compensation Board of Manitoba has reported to Manitoba's Minister of Finance.

WCB's organizational ombudsman is the Fair Practices Office. SAFE Work Manitoba, a division of the Workers Compensation Board, is a public agency focused on the prevention of workplace injury and illness.

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Posted on 26 Sep 2024, this text provides information on Miscellaneous in Regional related to Regional. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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