Can officers without ownership be excluded from workers comp?
I own a small firm (a C corp) with 4 employees including myself. My friend is secretary but does not have any ownership. Can she be excluded from workers comp? Another scenario is if the company is owned by a corporation, can officers like CEO, CFO, secretary be excluded from workers comp? Any comments will be highly appreciated.
1 Answer from Attorneys
Re: Can officers without ownership be excluded from workers comp?
There are to requirements to be exempt from worker's comp. First, you MUST be a shareholder of the corporation. Second, you must also be either an officer or director of the corporation. Unless you meet both of those criteria, you are subject to worker's comp.