Undeniably, the best and the most intriguing part about labor laws is the fact that these laws offer dual protections to both the employers and employees. For instance, these laws eliminate conflicts in the events that are stressful for both the employers and employees. Not to forget, complying with labor laws also proves to be financially beneficial to both the employees and employers in a way that the owner complying to these laws can avoid penalties and potential lawsuits arising from non-compliance of labour laws. On the other side, labor laws ensure that the employees are properly compensated for their work through facilities such as reduced medical expenses.
Besides ensuring economic stability, labour laws are also known for reflecting the dominant values of the society. The best instance to justify the statement lies in the fact that labour law comes with anti-discrimination laws based on the underlying belief of human equality. For instance, child labor laws reflect that children must not work under certain conditions provided the fact that they can’t understand the contracts and tasks. Thus, labour laws play a great role in stabilizing the overall value system of the society.