Wyoming Short-Term Incentive Plan

State:
Multi-State
Control #:
US-CC-7-588C
Format:
Word; 
Rich Text
Instant download

Description

This sample form, a detailed Short-Term Incentive Plan document, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.
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FAQ

Workers' compensation death benefits in Wyoming The surviving spouse, minor children, and other dependents may qualify for monthly benefits lasting for as long as 100 months. The minimum benefit that can be paid is 80% of the state's average monthly wage. The maximum is twice the state's average monthly wage.

Temporary Total Disability benefits are the equivalent of 2/3 of your gross monthly wage at the time of injury, but cannot exceed the Statewide Average Wage for the quarter you were injured. Temporary Total Disability benefits are not taxable.

Workers Compensation insurance provides benefits to employees injured during the course of their employment. In most circumstances, employers that are required to obtain this coverage must do so from the State of Wyoming Workers Compensation Program pursuant to the Workers Compensation Act WS. §§ 27-14-101, et seq.

You must Report your Injury to your employer within 72 hours of the accident causing your injury and within 10 days to the Workers' Compensation Division. Injury reports must be signed by the injured worker.

Unemployment insurance recipients in Wyoming must meet the following criteria in order to qualify for benefits: Recipients must have lost employment through no fault of their own. Recipients must have earned sufficient wages during the base period?the first 12 months of the 15 months prior to filing a claim.

Key Takeaways. The monopolistic states are Wyoming, Washington, Ohio, and North Dakota. All four monopolistic states bar the sale of workers compensation insurance by private insurers. In these states, employers must buy insurance from a state-run insurance fund.

Short Time Compensation (STC) allows businesses to reduce the hours they provide to workers. Those workers then are able to use Unemployment Insurance (UI) benefits to offset the loss of income.

Temporary Total Disability benefits are the equivalent of 2/3 of your gross monthly wage at the time of injury, but cannot exceed the Statewide Average Wage for the quarter you were injured. Temporary Total Disability benefits are not taxable.

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Wyoming Short-Term Incentive Plan