Pinnacle Business Consulting’s Post

Purpose: The main objective of the COID Act is to provide compensation in the event of disability caused by occupational injuries or diseases sustained or contracted by employees, or for death resulting from injuries or diseases. Obligation: An employer becomes obligated to register with the fund within seven (7) days after the day on which he/she employs his/her first employee, whether permanent or part-time. Sole proprietors, partners or a non-working director are not considered employees in terms of the Act. The definition of employee includes: permanent employees, domestic workers, apprentices/trainees/learners and workers paid by a labour agency. Need help registering? Contact us @ www.pinnacleconsult.co.za #COIDA #CompensationFund #InjuryOnDuty #Compensation

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