The employees are assured that their employer is concerned about their well-being, and this makes them be devoted to working in order to meet the organizational goals. Workers Compensation is the most ancient form of social insurance, and it was introduced in the United States close to a hundred years ago to provide medical services and money grants to employees who are hurt at the workplace, and still avoid cases of misuse of the compensation. This paper will provide a brief history to Workers Compensation by explaining the Code of Hammurabi and the current state laws pertaining to Workers Compensation.
The Code Of Hammurabi was written in the 18th century, and it was a law made by an ancient king of Babylon. It is still in practice today because its main basics of law are applicable in today’s world. King Hammurabi’s laws insisted on the eye for an eye way of dealing with situations, and this is applied in compensation procedures. The law of Hammurabi provided fiscal reimbursement for injuries, and it consisted of compensation schedules that would mean that a specific injury was compensated with specific rewards or payments. This procedure is applied in today’s compensation of workers since when they are injured in the workplace they are compensated based on the intensity of the injury.