Business 1.2 Flashcards
What is the primary aim of health and safety laws?
To protect workers from discomfort or injury at work
Health and safety laws are designed to create a safer working environment.
List three requirements of health and safety laws.
- Equip factories and offices with safety equipment
- Provide adequate washing and toilet facilities
- Provide protection from dangerous machinery and materials
What are two aims of the minimum wage?
- Prevent exploitation of poorly organized workers
- Reduce income inequalities between high and low paid in the economy
What is one positive impact of the minimum wage?
Increased standard of living and purchasing power of low-paid workers in the country
Minimum wage laws aim to uplift the economic status of low-income workers.
True or False: Employers can easily avoid minimum wage laws by using casual employees without contracts.
True
This practice is illegal but difficult to monitor and prevent.
What is a potential negative impact of minimum wage on businesses?
- Higher labor costs
- Increased likelihood of redundancy for workers
- Pressure for wage increases leading to inflation
List two negative impacts on businesses from legal constraints.
- Higher costs from supervisory recruitment, selection, and promotion procedures
- Higher wage costs due to enforcement of minimum wage
What is one benefit of higher wages for workers?
Workers feel more secure and highly valued
This leads to better employee retention and job satisfaction.
Fill in the blank: The failure to meet minimum standards can lead to ______.
expensive court cases
What is a potential benefit for businesses that provide working conditions beyond legal requirements?
Attraction of the best workers and positive publicity
Good working conditions can enhance a company’s reputation and marketability.
What are two costs associated with health and safety law compliance for businesses?
- Cost of protective clothing and equipment
- Increased employment of more staff to avoid overlong hours for workers
