Whenever you want to start a business, it is a good idea that you get in touch with local governing bodies and legal experts to know the laws and regulations that can affect your business. From advertising and marketing to the workplace safety and finance to intellectual laws governing property, there are regulations and rules you have to abide by. Registrations and licensing that you need to go through before starting a business should not be forgotten.
These laws differ from one country to another and one state to another, so it is advisable that you save your business trouble by doing the due diligence. Labor laws comprise of decrees, regulations, laws, and rules which involve the relation of employers and employees. The following are some of these labor laws involved in starting a business.
Working hours in the past used to range from 10-16 hours and for six days a week. Today, however, it is 8 hours a day or 40-48 hours a week which is a standard. Employees can opt to work for extended hours on their own but in return for compensation. There are exceptions, and this will not be applied in certain sectors, but you still need to keep the working hours near the standard.
If workers suffer job-related illnesses and injuries, the business has to pay for rehabilitation and medical bills, disability payments, as well as other benefits, depending on how severe the illness or injury is. Workers compensation laws also one place to another and you have to consult with the local experts and not rely on online information solely.
Wages and overtime compensation
Minimum wages rate may range from 880 dollars to 20000 dollars in some countries. Minimum wage law means you cannot hire employees for less than the monthly minimum set by the government. Some countries make it mandatory for businesses to pay higher rates when employees work overtime.
Health and safety
To start with you should provide your workers with a working environment that is safe to ensure these workers are not subjected to illnesses of injuries due to the nature of job or working conditions. Ensure that you put in place the appropriate safety measures, protective gear is there when required, and you observe all safety standards at plants, transport, warehouse, and workplace.
These are some of the labor laws you have to comply with before starting a business. You also need to consult with legal experts as well as the local governing authorities about these laws.