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.

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Importing Freedom: Using the U.S. Tariff Act to Combat Forced Labor in Supply Chains
Guidance

An increasingly interconnected world has led to sprawling supply chains across the globe. But what is the human cost of increasing consumer demands for fresh produce year-round, fast fashion, and flashy gadgets? For those held in forced labor in sup...Read More

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Guidance

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COVID-19 resourcesPublications

The COVID-19 pandemic is putting the world under enormous strain, affecting the lives of everyone. The unprecedented measures adopted to flatten the infection curve include enforced quarantine, curfews and lockdowns, travel restrictions, and limitat...Read More

TAGS: Global
Commonwealth Modern Slavery Act 2018: Guidance for Reporting Entities
Guidance

The Commonwealth Modern Slavery Act 2018 established Australia’s national Modern Slavery Reporting Requirement (reporting requirement). The aim of this Guide is to explain in plain language what entities need to do to comply with the Act...Read More

TAGS: Oceania