StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Compensation for Workers - Essay Example

Cite this document
Summary
The essay "Compensation for Workers" focuses on the critical analysis of the major issues in compensation for workers. Worker`s compensation laws are made to protect employees who get injured, disabled or even killed due to the negligence of the company…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER91.2% of users find it useful
Compensation for Workers
Read Text Preview

Extract of sample "Compensation for Workers"

Worker`s compensation laws are made to protect employees who get injured, disabled or even killed due to the negligence of the company. The company or the employers are usually held responsible for the behaviour or performance of the employees. This is because it is believed that the employees are working on the orders of the employers or their responsibility depends on the type of their job. Under the federal employment compensation act, those employees who are either disabled or killed during the performance of their duties are provided compensation by the company. (Worker`s compensation, web). Compensation of an employee who has died as a result of the company`s negligence, can be collected by the widow or other family members who were directly dependant on the employee.

Employers are required to pay into the compensation once a month. Employees are not required to pay anything for the compensation fund and therefore, the employers cannot charge it to the employee`s wage. A lawyer is obliged to give clear advice keeping in mind the core values as well as the rules of the company. The advice should also be in the interests of the company. if the company has an employee compensation fund, then the family of the deceased cannot sue the company as long as they get compensation. Because the employee was killed due to the company`s negligence it is evident that the compensation for the dependants of the deceased employee should be enough so as to support them. For the spouse, the company should give twice the amount of the pension which the employee would have received if they were completely disabled (Labor law, Web). This should be paid as a lump sum amount and along with this, almost 30% of the employee`s monthly wage should be paid on a monthly basis if there is no other source of income for the spouse. As the company`s negligence resulted in the death of this employee, it is the responsibility of the company to support the family of the employee.

Compensation should also be given for other dependant members of the employee such as children, parents etc. 10% of the employee`s wage should be given to the children until they reach the age of 18. Other dependants, if they were fully dependant on the employee, should be given the same amount as the spouse. If they were dependant partially, then a one-time payment should be made according to their level of dependence. In all this, it should be kept in mind that the total compensation paid should not be more than 75% of the employee`s wage because the company has to keep running and should take into account its own expenses as well (Labor law, Web). As a lawyer, another piece of advice to the company would be to improve the working conditions and improve precautionary methods so that these accidents and mishaps could be avoided and the innocent lives of the employees could be saved. These accidents also affect the reputation of the company and the motivation of other employees of the company. Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Micro economics Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
Micro economics Essay Example | Topics and Well Written Essays - 500 words. Retrieved from https://studentshare.org/macro-microeconomics/1604041-micro-economics
(Micro Economics Essay Example | Topics and Well Written Essays - 500 Words)
Micro Economics Essay Example | Topics and Well Written Essays - 500 Words. https://studentshare.org/macro-microeconomics/1604041-micro-economics.
“Micro Economics Essay Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/macro-microeconomics/1604041-micro-economics.
  • Cited: 0 times

CHECK THESE SAMPLES OF Compensation for Workers

The Effects of the British Industrial Revolution

There was no Compensation for Workers of any sort.... Two of the most prominent causes of the rapid urbanization were the explosion of population and the increased demand of workers.... Most of the cities developed around the factories so that the workers would have convenience of living and working at the same place.... workers had to do intense had work for minimal wages and poor health and safety system.... In most of the factories, workers had to work between 12 and 16 hrs....
6 Pages (1500 words) Essay

Poverty and Displacement: Migrant Families

No unemployment Compensation for Workers while there were huge subsidies for growers.... By taking advantage of the desperate situation of the poor workers, the grower community tried to extract the maximum from each.... One another tactic they resorted to was the practice of assigning the best crops to the fastest workers in the hope of generating professional rivalry among them, which would invariably result in enhanced quality of work.... The growers had an intricate watering system to irrigate their crops but they did not provide running water in the houses of their workers....
5 Pages (1250 words) Essay

Ergonomics

The subject of ergonomics seeks to study the process of designing facilities and equipment that can effectively fit the human body and support cognitive abilities and the movement processes.... It is therefore a scientific discipline dealing with the association and interaction.... ... ... It relies much on the theory, data, principles and design to understand the human operations and enhance the performance of the human body....
5 Pages (1250 words) Research Paper

Human Resource Management Practices

eaknesses- Poor Compensation for Workers, understaffed organization.... hreats- A highly competitive environment with organizations that offer better salaries for trained workers resulting in the problem of poaching.... To ensure the attraction and retention of people with quality skills and competence, human resources management practices of work-life balance, training and development and compensation must be effected (Armstrong, 2014).... Employee motivation should be cultivated through a comprehensive review of the compensation practices to make the organization competitive and secure its workforce from poaching....
1 Pages (250 words) Assignment

Cross-Cultural Communication at Walmart

This case study "Cross-Cultural Communication at Walmart" discusses Walmart that has been praised for achieving lower prices for customers and its supply chain inefficiencies that have allowed it to gain a strong competitive advantage in the market (Hughes et al, 2006: 4).... ... ... ... Since the organizational culture is different in American and eastern cultures, characterized by more flexibility and negotiation in the former, while in eastern cultures, collective goals are more important, effective cross-cultural communication requires an understanding of different cultures and the difference in their integral behavioral patterns and the manner in which they interact....
5 Pages (1250 words) Case Study

Occupational Health and Safety

Therefore, an insurance scheme would secure some measure of Compensation for Workers who became disabled as a result of workplace injuries.... The doctrine of contributory negligence also created a barrier to satisfactory compensation for the employee injured in the workplace.... The general impact of these common law doctrines placed effective bastions between the employer and the employee making it virtually impossible for the employee to successfully claim compensation for damages and injuries sustained in the workplace....
6 Pages (1500 words) Assignment

The Compensation for Workers is a Type of Insurance

The Compensation for Workers is a type of insurance that is aimed at providing medical benefits and wage replacement to the employees who have been injured during the course of their employment within the workplace.... he Compensation for Workers is a type of insurance that are aimed at providing medical benefits and wage replacement to the employees who have been injured during the course of their employment within the workplace.... The increasing number of legal cases related to workplace injury and accidents indicate that compensation for accidents and injuries are extremely necessary to create and maintain groups of employees who have developed positive perception towards the organization....
6 Pages (1500 words) Assignment

Occupational Health and Safety Law

The workers' compensation system entails accidents Compensation for Workers.... Therefore, it is justifiable for the injured worker to claim compensation for the employers' negligence.... n this case thereof, the compensation for Prudence will fall on both Rajesh and his employer.... In contemplation of the above information Rajesh is a worker hence covered by work health and safety and workers compensation.... n accordance with the Australian regulatory framework for compensation, workers who suffer or encounter work related injuries are eligible for compensation....
7 Pages (1750 words) Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us