Industrial Injury Compensation Theory

Industrial Injury Compensation Theory refers to the principles and practices that determine financial compensation for workers injured on the job. It aims to provide support for those who suffer physical or psychological harm due to workplace conditions or accidents. This theory recognizes that employers have a responsibility to maintain safe environments and compensate employees fairly for injuries incurred in the course of their work. Compensation can cover medical expenses, lost wages, and rehabilitation costs, helping injured workers recover and reintegrate into the workforce while also serving as a deterrent against unsafe practices.