Concept Of Compensation

Running head : CONCEPT OF COMPENSATIONConcept of Compensation[Author s Name][Tutor s Name][Class]AbstractThe fancy of allowance dates anchorperson to 2150 B .C . when Sumerian societies have employ the first laws to stimulate workers for visible injuries . With time , the nonion has gradually acquired its contemporary opine , and has turned into a comprehensible and effective tool of compensating workers and hold in employers from damage suits .Concept of CompensationIntroductionThe belief of requital was changing in support with the changing conditions of labor . Compensation is fairly considered to be the round past digit of social insurance . Industrialization and the ingathering of the new random variables of labor required adapting the basic compensatory provisions to the jab of the working society Sim ply defined , workers allowance recompenses , gives something to a worker one who performs labor for another , for services rendered for injuries (Hood , stalwart Lewis , 2004 . Historically , even the antediluvian patriarch societies exercised various sets of rules which later took for the form of compensationThe notion of compensation dates back to 2150 B .C , when Sumerian tribes enforced the compensation for bodily injuries among the workers (Kramer , 1998 . At that time , Sumerians labor was already regulated by the so-called law of Ur-Nammu (Kramer 1998 . The law provided certain compensation for bodily injuries and has actually generated the concept of compensation the interpret we understand it now Later in 1750 B .C , the concept was slightly changed under Hammurabi code , which not only balance for bodily injuries , but also covered permanent impairments (Kramer , 1998 .

The ancient Greek , Arab , and Roman societies lived and worked according to the compensation schedules which included the very(prenominal) cost of compensations for bodily injuries As antiquity was gradually replaced by feudalism , and later , by industrial enterprise , the concept of compensation has experienced significant shifts the concept of compensation for worker was telephone up in the doctrine of noblesse oblige an existent lord would care for his injured serf (Hood , Hardy Lewis , 2004The American transition to the English law has seriously impacted the concept of compensation . It has given birth to the well known loaded trinity of defenses which included the notions of contributory negligence , the fellow handmaid rule , and the assumption of risk These three types of defenses were used by employers to protect their rights and to avoid compensating their employees for being injured at body of work . For example , the fellow servant rule stated that employers were not held responsible for the fellow employees negligence which resulted in bodily soil of a worker (Hood , Hardy Lewis , 2004 Evidently , during the early American years , the concept of compensation was losing its meaning and relevance for employers , expiration away employees completely unprotected in the face of the development industrialization . The 19th century in the U .S . has pose the crook point in increasing the effectiveness and receipts of the compensation concept for employees Early in the 1850s , the courts got overloaded with the cases of employee bodily injuries , which prove the tragic inefficiency of the compensation system in...If you want to rifle a full essay, order it on our website: OrderCustomPaper.com

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