Workers’ compensation pays for a percentage of your lost wages and medical bills, as well as some other costs associated with a workplace injury. Workers’ compensation is a mandatory insurance program that all employers are required to offer their employees in order to comply with the U.S. Department of Labor and state law. If you are injured on the job, workers’ compensation will provide benefits for you. The amount of workers’ compensation that you can receive depends on your state’s workers’ compensation laws, what kind of work you do, how long you have been employed there, your age, and your medical history.