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.

post

page

attachment

revision

nav_menu_item

custom_css

customize_changeset

oembed_cache

user_request

wp_block

wp_template

wp_template_part

wp_global_styles

wp_navigation

wp_font_family

wp_font_face

acf-taxonomy

acf-post-type

acf-field-group

acf-field

ai1ec_event

exactmetrics_note

Business and Human Rights: Navigating a Changing Legal Landscape
Guidance

Businesses are increasingly required to implement human rights due diligence processes and/or to report on how they manage human rights-related issues. In their third joint briefing, The Global Business Initiative on Human Rights and Clifford Chance...Read More

Preventing human trafficking of refugees from Ukraine: A rapid assessment of risks and gaps in the anti-trafficking response
Guidance

The Russian invasion of Ukraine has led to the largest movement of people in Europe since World War II. Those who are fleeing the war in Ukraine are in an extremely vulnerable position. Experience from conflicts worldwide shows that the instability ...Read More

Consolidated Learnings from Research on Overseas Labor Recruitment in Vietnam
Guidance

This briefing document synthesizes the key themes emerging from GFEMS-funded research and advocacy efforts focused on Vietnamese labor migration between 2018-2020. Findings represent inputs from a range of labor migration stakeholders including gove...Read More

Empowerment and Employment of Survivors of Human Trafficking: A Business Guide
Guidance

Safe and sustainable employment is one of the most effective ways to prevent the exploitation of vulnerable individuals and the re-exploitation of survivors of human trafficking and other forms of slavery. As employers, companies can offer quality t...Read More

TAGS: