Welcome to the September 2024 edition of the IOE Industrial Relations and Labour Law Newsletter. This month, we spotlight the broader themes and emerging trends crucial for employers, underscoring the necessity for innovative and inclusive approaches to employment and labour relations.
The recent G20 Labour and Employment Ministers' meeting emphasised strategies that provide access to social protection and promote social dialogue—essential elements for maintaining a stable and equitable work environment, ultimately driving business success. A key goal from the global discussion is the transition to formalisation and the promotion of social dialogue..
Robust social protection systems are also fundamental to ensure a reliable and secure workforce, crucial for long-term business sustainability. Efforts to reduce gender-based disparities and promote pay equity are also gaining momentum. Puerto Rico’s Law Against Discrimination Based on Hairstyles, for instance, is a cornerstone to advance and foster and inclusive workforce, leveraging diversity and promoting equality in the workforce by breaking prejudice and non-evidence biases.
Maintaining industrial harmony and negotiating better terms for workers through effective social dialogue are critical for employers. The 3rd Nigeria Employers' Summit highlighted the importance of public-private partnerships, showing how collaboration can drive economic growth and development. Investing in strong social dialogue mechanisms helps employers navigate conflicts and build resilient business operations.
Employers face numerous transformations that affect and will continue to affect their businesses, starting by adaptations and innovations to enhance productivity and remain competitive, to ensuring skill matching by the workforce, ethical implications of new technologies, or the need to adapt to continues policy changes, including on advancing a just transition. Staying informed, adapting to business and market needs, and ensure compliance is key to stay in business and increase productivity, for which social dialogue amongst is crucial to ensure a smooth transition and support to business development and decent work.
As we delve into this edition of the IOE Industrial Relations and Labour Law Newsletter, it is clear that themes of decent work, technological integration, social protection, and sustainable growth are crucial for employers. Addressing these areas with innovative and inclusive approaches helps build a resilient future and ensures long-term business success. We invite you to explore the insights and analyses presented in this newsletter and stay informed about the most important news and developments.
Happy reading!