Most employers in NSW are legally required to have a workers compensation policy to protect them from the costs of workers compensation claims.
You may only be exempt if you:
- pay $7500 or less in annual wages, and
- don't employ an apprentice or trainee, and
- are not a member of related businesses in a group for premium purposes, and
- are not involved in:
- taxi driving
- hire car driving
- horse racing
- professional boxing (as these industry groups are subject to the $0 exemption limit in the Workers compensation market practice and premium guidelines.
Exempt employers still have responsibilities
Even if you are exempt from needing a policy, you still must provide assistance with injury management and return to work.
If an injured worker makes a claim, you need to:
- call us on 13 10 50 and we will arrange for icare to manage it
- pay a $175 administration fee.
If your conditions change in a way that affects your obligations (for example, you pay more than $7500 a year in wages), you must contact an insurer immediately and take out a workers compensation policy.