Competitive business climate Highlighted PillarWorker’s compensation is a key element to a competitive business climate and impacts the cost of a job for North Carolina’s employers. North Carolina’s workers’ compensation system was originally designed to meet the health care needs of injured workers, provide those workers with reasonable compensation for lost wages while injured and return them back to work as soon as possible. The North Carolina Chamber supports this mission of the workers’ compensation system, and continues to ensure North Carolina’s system remains competitive compared to surrounding states.

Data from the North Carolina Department of Labor shows North Carolina has the fourth lowest injury rate in the nation and has seen a 45.6 percent decrease since 1999. The significant steps businesses have made to improve worker safety, along with the data to back it up, underscore the necessity of reforms made to North Carolina’s outdated workers’ compensation system in 2011. House Bill 709 provided the first meaningful reform to the state’s worker’s compensation system since 1994. Looking ahead, we will continue to strive for the best possible balance between helping injured employees and lowering transactional costs for employers, in order to enhance North Carolina’s competitive position for jobs and growth.