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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Modern Slavery and Financial Services: Responding to COVID-19
COVID-19 resourcesGuidance

The COVID-19 outbreak has been affecting Asia since January 2020. It is now a global pandemic, with over 4.5 million cases detected in 168 countries and over 300,000 deaths globally as of 15 May 2020. Much of the world has implemented severe quarant...Read More

Responsible Business Conduct in Times of War: Implications For Essential Goods and Services Providers in Ukraine
News & AnalysisGuidanceStandards & Codes of Conduct

Access to essential goods and services during war is critical. In many cases, people’s lives depend on it. The subject introduces many complex questions. What goods and services are essential in the war? Is it the exclusive responsibility of the s...Read More

TAGS: Europe
Trafficking in Human Beings – Forced Criminal Activities and Begging
Guidance

Trafficking in human beings is defined as a situation whereby a person’s predicament is used to trap them in an exploitative situation. This can take various forms and occurs in different areas: • Exploitative employment relationships â€...Read More

TAGS: Europe
Disrupting harm in Thailand: Evidence on online child sexual exploitation and abuse
Guidance

Funded by the Global Partnership to End Violence against Children, through its Safe Online initiative, ECPAT, INTERPOL, and UNICEF Office of Research – Innocenti worked in partnership to design and implement Disrupting Harm â€“ a re...Read More