Workers' compensation
Workers' Compensation
Workers' compensation (pronunciation: /ˈwɜːrkərz ˌkɒmpɛnˈseɪʃən/) is a form of insurance providing wage replacement and medical benefits to employees injured in the course of employment in exchange for mandatory relinquishment of the employee's right to sue their employer for the tort of negligence.
Etymology
The term "workers' compensation" is derived from the practice of compensating workers for injuries sustained while performing their job duties. The concept originated in Germany in the late 19th century and was later adopted by other countries, including the United States.
Related Terms
- Employment: The state of having paid work.
- Insurance: A practice or arrangement by which a company provides a guarantee of compensation for specified loss, damage, illness, or death in return for payment.
- Negligence: Failure to take proper care in doing something.
- Tort: A wrongful act or an infringement of a right leading to civil legal liability.
See Also
External links
- Medical encyclopedia article on Workers' compensation
- Wikipedia's article - Workers' compensation
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