Labor law refers to the set of regulations governing the relationship between employers and employees, aimed at ensuring fair and just working conditions. Key aspects include:

1. Employment Contracts: Labor laws establish the requirements for employment contracts, outlining wages, hours, and conditions of employment.
2. Wages and Working Hours: These laws regulate minimum wages, overtime pay, and limits on working hours to ensure fair compensation and work-life balance.
3. Health and Safety: Employers are required to provide a safe working environment, adhering to occupational health and safety standards to protect workers from hazards.
4. Worker Rights: Labor laws protect employees’ rights to organize, form unions, and engage in collective bargaining for better working conditions and benefits.
5. Anti-Discrimination: Employers must adhere to anti-discrimination laws, ensuring equal treatment regardless of race, gender, age, or other protected characteristics.

By complying with labor laws, companies ensure fair treatment of workers, minimize legal risks, and promote a positive and productive workplace.