What Business Owners Must Know about Workers' Compensation, New YorkWorkers’ compensation insurance protects employers and employees against financial loss in event of injury. Employers must continuously provide for workers’ compensation benefits to all employees. For workers’ compensation purposes, employee can include day labor, leased and borrowed staff, volunteers, part-timers and family members, as well as most subcontractors. Visit www.WCB.State.NY.US to download the Employers’ Handbook, a comprehensive resource for businesspeople about WC.