Final answer:
Workman's compensation insurance is a state-level system where employers contribute to a fund for injured workers. Employees can also seek protections and file complaints through OSHA, and benefit from other forms of insurance like pension and deposit insurance for financial security.
Step-by-step explanation:
Employees who have suffered an injury on the job are protected and supported by various labor laws, most notably through workman's compensation insurance. This system, typically administered at the state level, mandates that employers contribute a portion of employees' salaries to a fund designed to provide benefits to injured workers. In the case of workplace injuries or illnesses, employees have specific rights under the Occupational Safety and Health Administration (OSHA), including the ability to file a confidential complaint to have their workplace inspected, and to receive copies of records pertaining to workplace injuries and illnesses. Additionally, the law includes provisions to protect workers from retaliation or discrimination for asserting their rights, emphasizing the general welfare promoted by national government regulations in the workplace.
Besides OSHA, there are other legal avenues available such as the pension insurance policies governed by the Pension Benefit Guarantee Corporation and the deposit insurance facilitated by the Federal Deposit Insurance Corporation (FDIC). These protections are aimed at ensuring financial security for workers in various scenarios, including retirement and banking issues. The historical context of labor laws has its roots in early 1900s State Level legislation and the goals of Progressive reformers to improve workplace safety and reduce labor strikes.