COVID-19 as an immediate cause of economic pressures is likely to be time limited. It is therefore important that adequate continuity planning is in place which allows businesses to recover quickly and effectively when demand recovers. Jobs, and therefore job protection, are a crucial part of this ability to recover. Skills and labour are valuable company resources, and retention of these skills can allow businesses to maintain a competitive edge beyond the crisis, avoiding potentially costly hiring and re-training costs in the future. This is especially relevant if there is likely to be competition for skills and talent in certain sectors once the COVID-19 crisis is over. Broader consideration might be given to the macro-economic benefits of job protection, particularly the linkage between income, ongoing consumption, and the overall functioning of the economy. Clearly demonstrating commitment to the workforce has significant additional benefits including maintaining the goodwill of workers, customers, and the broader community.
What actually works to end modern slavery in the context of markets? In the past decade, we have witnessed a heightened awareness of the risk of modern slavery occurring within global supply chains, with a corresponding increase in regulation, fundi...Read More
The UN Guiding Principles on Business on Human Rights (UNGPs) provide a principled and pragmatic framework to address situations in which the most serious risks to people are inherent to the business models of technology companies. They offer a set ...Read More
Civil society organizations across the seven states of the Horn of Africa welcome this mapping of regional routes, the relevant trends collaboration among groups in the region, and the enhanced cooperation around fighting human trafficking. Victims ...Read More
Part of the International Labour Organization (ILO) Asia-Pacific Working Paper Series. Written by Lorenza Errighi, Ivanka Mamic, and Birgitte Krogh-Poulsen. In recent decades, the Thai seafood sector has expanded on a global scale by using foreig...Read More
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