Employee compensation in Europe is largely classified into compensation paid via an insurance program or compensation financed through taxes. Liabilities and coverages are mostly similar to the ones offered in India. Most policies however cover commute related accidents by default. Rates of compensation vary from country to country.
Workmen Compensation policy is mandatory in the US as well. Since the US is a federation of states, the rate of payment made to the workman in case of death or disability, could vary from State to State. Something unique practiced in Canada is the concept of Workers’ Compensation Boards. Risks are spread among Employers of the same class. Employers liability is limited to their premium contribution. Something like what is practiced in administration of Motor Third Party claims in our country.