MNO3706 Assignment 2 (COMPLETE ANSWERS) Semester 2 2024 - DUE August 2024
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MNO3706 Assignment 2 Semester 2
Institution
University Of South Africa
MNO3706 Assignment 2 (COMPLETE ANSWERS) Semester 2 2024 - DUE August 2024 ; 100% TRUSTED Complete, trusted solutions and explanations. For assistance, Whats-App
1. Explain the objectives of worker’s compensation. (10) 2. Argue who pays compensation. (10) 3. Identify and explain how bullying is ...
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Semester 2 2024 - DUE August 2024 ; 100%
TRUSTED Complete, trusted solutions and
explanations. For assistance, Whats-App
1. Explain the objectives of worker’s compensation. (10)
Worker's compensation is a critical component of labor law designed to
provide financial support and medical care to employees who are injured
or become ill due to their work. The system aims to balance the interests
of employees and employers by offering protection for workers while
limiting the liability of employers. The primary objectives of worker's
compensation are multifaceted, focusing on ensuring workers' welfare,
facilitating efficient workplace practices, and maintaining a stable labor
market. Understanding these objectives is essential for appreciating how
worker's compensation functions within the broader context of
occupational health and safety.
Objectives of Worker’s Compensation
1. Financial Support for Injured Workers
One of the primary objectives of worker's compensation is to
provide financial support to employees who suffer injuries or
illnesses as a result of their work. This financial aid typically
includes wage replacement benefits, which are intended to
compensate for lost income during the period of recovery. By
ensuring that workers receive financial support, worker's
compensation helps to alleviate the financial burden that can
accompany work-related injuries, allowing employees to focus on
their recovery without the added stress of financial insecurity.
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