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Azerbaijani Confederation of Trade Unions: Azerbaijani enterprises must cut expenses to provide employees with compulsory insurance

Business Materials 3 January 2011 12:31
It was planned to introduce compulsory insurance from disability in Azerbaijan resulting from occupational diseases and accidents at work 20 years ago. But this law would not work that period, Sattar Mehbalyev, the chairman of the Azerbaijani Confederation of Trade Unions, said.
Azerbaijani Confederation of Trade Unions: Azerbaijani enterprises must cut expenses to provide employees with compulsory insurance

Azerbaijan, Baku, Jan. 3 / Trend U.Ismayilova /

It was planned to introduce compulsory insurance from disability in Azerbaijan resulting from occupational diseases and accidents at work 20 years ago. But this law would not work that period, Sattar Mehbalyev, the chairman of the Azerbaijani Confederation of Trade Unions, said.

"The companies, operating in Azerbaijan those days, did not have these financial opportunities and worked without a profit," he said.

He said that there is a serious economic development in Azerbaijan now. The enterprises get profit.

All big companies will apply the new law. The small and medium enterprises will have to cut some expenses to provide their employees with compulsory insurance.

In July 2010, Azerbaijani President Ilham Aliyev approved the Law on compulsory insurance on labor ability loss in production.

According to the World Labor Organization, the accidents at work kill 2.3 million people each year worldwide, three times more people are injured.

In Azerbaijan, in 2007, there had been recorded 259 accidents, 128 facts of death, 202 facts of injury, in 2008 - 255 accidents, 79 deaths and 212 facts of injury, in 2009 - 250 accidents, 69 deaths and 218 injuries.

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