Labour standards refer to the set of laws and regulations that govern the rights and responsibilities of workers and employers. These standards aim to ensure fair treatment, safe working conditions, and reasonable working hours. They cover various aspects, including minimum wage, overtime pay, and the right to join a union, helping to protect workers from exploitation. Governments and organizations, such as the International Labour Organization (ILO), establish and promote these standards to improve working conditions globally. By adhering to labour standards, businesses can create a more equitable workplace, fostering productivity and employee satisfaction while contributing to economic growth.