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As in the United States, the National Labor Relations Act (NLRA) applies in Puerto Rico to covered employers engaged in interstate commerce.
The following states/jurisdictions are monopolistic fund states: North Dakota, Ohio, Washington, Wyoming, Puerto Rico, and the U.S. Virgin Islands.
In Puerto Rico, workers' compensation is compulsory, and no waivers are permitted. There is an exclusive state fund. Employers may not insure through private carriers, self-insurance, or through groups of employers. There is no exemption for employers with small numbers of employees.
According to Puerto Rico Act Number 379 of (Law No 379), which covers non-exempt (hourly) employees, eight hours of work constitutes a regular working day in Puerto Rico and 40 hours of work constitutes a workweek. Working hours exceeding these minimums must be compensated as overtime.
North Dakota, Ohio, Wyoming, and Washington are the four states with this specific requirement and are referred to as monopolistic states. Below is what you need to know about each state and their government-operated fund.
In India, it's mandatory for all companies to ensure adequate compensation for its employees as per the Employee's Compensation Act, 1923 and Indian Fatal Accidents Act, 1855. A Workmens Compensation Policy helps the business owners in meeting these statutory requirements.
Employment law in Puerto Rico is covered both by U.S. labor law and Puerto Rico's Constitution, which affirms the right of employees to choose their occupation, to have a reasonable minimum salary, a regular workday not exceeding eight hours, and to receive overtime compensation for work beyond eight hours.
An employer must make the salary payments on the 15th of the month. In Puerto Rico, 13th-month payments are mandatory. Employers with a workforce in excess of 21 employees must by law pay a 13th-month salary in December equating to 2% of the employees' wages or not more than 600 USD.
In Puerto Rico, workers' compensation is compulsory, and no waivers are permitted. There is an exclusive state fund. Employers may not insure through private carriers, self-insurance, or through groups of employers. There is no exemption for employers with small numbers of employees.
The term monopolistic state refers to any state that has special legislation in place that requires workers' compensation coverage be provided exclusively by the state's workers' compensation program.