What does workmen's compensation mean?
Definitions for workmen's compensation
work·men's com·pen·sa·tion
This dictionary definitions page includes all the possible meanings, example usage and translations of the word workmen's compensation.
Princeton's WordNet
workmen's compensationnoun
compensation for death or injury suffered by a worker in the course of his employment
Wikipedia
workmen's compensation
Workers' compensation or workers' comp 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 his or her employer for the tort of negligence. The trade-off between assured, limited coverage and lack of recourse outside the worker compensation system is known as "the compensation bargain.” One of the problems that the compensation bargain solved is the problem of employers becoming insolvent as a result of high damage awards. The system of collective liability was created to prevent that and thus to ensure security of compensation to the workers. While plans differ among jurisdictions, provision can be made for weekly payments in place of wages (functioning in this case as a form of disability insurance), compensation for economic loss (past and future), reimbursement or payment of medical and like expenses (functioning in this case as a form of health insurance), and benefits payable to the dependents of workers killed during employment. General damage for pain and suffering and punitive damages for employer negligence are generally not available in workers' compensation plans, and negligence is generally not an issue in the case.
ChatGPT
workmen's compensation
Workmen's compensation, also known as workers' compensation, 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 negligence. This compensation acts as a protection for workers in case of industrial accidents or work-related illnesses, covering medical expenses, disability benefits, rehabilitation costs, and lost wages.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of workmen's compensation in Chaldean Numerology is: 6
Pythagorean Numerology
The numerical value of workmen's compensation in Pythagorean Numerology is: 1
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"workmen's compensation." Definitions.net. STANDS4 LLC, 2024. Web. 1 May 2024. <https://www.definitions.net/definition/workmen%27s+compensation>.
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