Workers' Benefit Societies

Workers' Benefit Societies are organizations established by employees or employers to provide mutual support, such as financial assistance, insurance, or other benefits, to their members. These societies operate on a cooperative basis, with members contributing funds or resources and sharing risks to help cover costs during illness, injury, or other hardships. They aim to promote welfare and stability for members through collective effort, often functioning as early forms of social insurance before government programs were common. Their focus is on fostering community support and risk management among workers in various industries.