Today is the International Labour Day! 🛠️
The Labour Day originates from a grim past in the 19th century, where workers faced grueling, abusive, and severe working conditions without much regard for basic human rights. Conditions such as working up to 12 hours a day, six days a week, and having inadequate protective equipment in a dangerous working environment were common.
Despite the progress that has been made and the passage of time, the demands of labour day remain consistent, which aims for fairer compensation, equal opportunities, and better working conditions.
Labour rights are closely related to the “S” in the Environmental and Social Governance considerations of a company, as it focuses on the social aspect. It demonstrates how a business manages its relationship with its workforce and society. For example, acts like banning the workers’ union, underpayment of wages, discrimination based on age, gender, and race, and even mass layoff without sufficient compensation are some concrete forms of labour rights violations.
Market and investors would refrain from supporting organisations that do not adhere to the labour laws of Indonesia. However, if organisations comply and even go beyond by focusing on empowering their workforce by, for example, providing scholarships or supporting young female professionals, investors and the public would be more inclined to support them.
Therefore, on this historical day, let’s strive to provide a fairer and better working environment so we can grow together sustainably and progress towards a better world.
If you want to evaluate your company’s performance on labour rights & even better develop improvement strategies, contact us info@trihita-consulting.com .
Reference:
[1] https://lnkd.in/gUCfqH7
