Thu Vân With the EU – Việt Nam Free Trade Agreement (EVFTA) signed late last month, Việt Nam will have the opportunity to gain further access to the market of 28 European Union member countries as well as global markets. As one of the ‘new generation’ bilateral agreements, the EVFTA trade deal includes commitments to implement International Labour Organisation core standards. The Vietnamese Government is now revising the Labour Code, which, if adopted, will represent major progress towards alignment with the International Labor Organisation (ILO) 1988 Declaration on Fundamental Principles and Rights at Work. In parallel, the Government has ratified one of the three remaining ILO core conventions – Convention 98 on collective bargaining – earlier this year. It is working towards the ratification of Convention 105 on forced labour in 2020, and Convention 87 on freedom of association by 2023. In the revised Labour Code that … [Read more...] about Free trade agreements help labourers’ rights reform
DUESSELDORF (Reuters) - Management and labour leaders at Germany's Thyssenkrupp have agreed on a way forward after the industrial conglomerate announced a fresh restructuring drive that could lead to the loss of 6,000 jobs. Agreement was reached in talks between management and workers overnight to recognise the need for radical action whilst ensuring fair treatment of employees at the Essen-based group, a senior workers' leader told Reuters. CEO Guido Kerkhoff announced the overhaul on Friday, ditching plans to split the business into two and abandoning a European steel merger with India's Tata Steel. The group will adopt a holding structure and plans to list its elevators unit, its most successful business. The decision, first reported by Reuters, triggered a 28% recovery in Thyssenkrupp shares - their biggest daily gain - as Kerkhoff abandoned a cross-shareholding structuring that had ceased to be financially viable. "Now it is up to shareholders to decide whether Thyssenkrupp … [Read more...] about Thyssenkrupp agrees restructuring approach with labour leaders
By Stanley White and Kaori Kaneko TOKYO (Reuters) - When she worked in sales for a Japanese bank, Chihiro Narazaki was passed over for the best assignments in favour of older colleagues. Her input was discouraged and she often stayed late just to do routine paperwork. The 29-year-old knew where this was heading: her father, who works in pharmaceutical sales, had a similar lifestyle, which she describes as "stuck in time." Determined to avoid that fate, she found a new job, selling software for Cybozu Inc. She says she now sets her own goals, her voice is heard, and her presence is not mandatory. "Sometimes I work from home, go visit a client, and then go back home to do more work," said Narazaki, who has taken up yoga. "We have a lot of freedom." "At my previous employer, what you did was determined by how old you were," she added. "It was a shame because people couldn't use or develop their skills." With unemployment at a 26-year low, Japanese companies are facing stiff competition … [Read more...] about Japan’s labour shortage eats away at back-breaking work culture
0 Have your say Tesco has been found to be the most popular employer for former Army personnel, with about one in 100 ex-soldiers working for the supermarket straight after leaving the military, according to data from job site Indeed. It has called on more employers to consider boosting their appeal and suitability to former service personnel in a competitive jobs market.Aerospace giant and Govan shipyard owner BAE Systems, Royal Mail and the supermarkets Asda and Sainsbury’s also featured in top ten along with the National Health Service.Furthermore, those returning to civilian life were most likely to apply for lorry driver or warehouse worker roles.Indeed analysed the job paths of thousands of former Army personnel as the first in a series of investigations into what happens to people who leave established careers to transfer their skills to other jobs.Supermarkets feature prominently in the list and together provide nearly one in 50 of the first … [Read more...] about Tesco top hirer of ex-Army personnel
Continuously expanding foreign businesses and the wave of foreign investors relocating from China may make the chronic shortage of skilled workers more dire in Vietnam. Hiring skilled workers remains a significant challenge for recruiters in Vietnam This concern was expressed in Navigos Group’s latest report on middle- and high-level personnel demand in 2018’s fourth quarter. Accordingly, the Vietnamese labour market has seen significant impacts from free trade agreements (FTAs) and foreign investment capital in late 2018. The report also revealed that along with the wave of investment movement from China, the expansion of business-scale of foreign-invested enterprises (FIEs) in northern Haiphong city and Bac Ninh provinces are increasing demand on local midde- and high-level personnel for positions like factory managers, office managers, and assistants. In fact, the shortage of high-end personnel is not a new thing in Vietnam. According to the General … [Read more...] about Foreign investors double crossed by labour shortage in Vietnam?