Unless legally permissible not make contributions to candidates for public

Unless legally permissible not make contributions to

This preview shows page 77 - 79 out of 91 pages.

Unless legally permissible, not make contributions to candidates for public office or to political parties or other political organisations; 9. Abstain from any improper involvement in local political activities. International framework of Ethics and Labour standards Ethical Framework envisions a system in which business can engage with governments, labor unions, NGOs, consumer associations and others to create processes and credentials to further improve the protection of workers migrating globally for work, and to reduce business and reputational risks for firms dealing with a global labor supply. This includes Standards of Ethical Practice (SEP) that build on established and recognized industry best practices as well as core global labor standards. Also included are basic requirements for independent systems to verify and certify compliance, so that any recruitment firm, employer, value chain ‗owner,‘ stakeholder or individual migrant can confidently know whether a labor market facilitator is observing and upholding these standards. We hope for new, transformative, social and market demand for ethical recruitment practices driven by employers, workers, NGOs, labor unions, consumer groups and all other engaged stakeholders. Ethical Framework does not, and cannot, represent a total solution to forced labor and human trafficking. But we believe it can significantly improve transparency, accountability and the wider adoption of leading industry practices among firms that facilitate the global movement of workers. Key issues in International Industrial Relations Industrial relations policies and practices of multinational firms: Because national differences in economic, political and legal systems produce markedly different industrial relations systems across countries, multinationals generally delegate the management of industrial relations to their foreign subsidiaries. However, a policy of decentralization does not keep corporate headquarters from exercising some coordination over industrial relations strategy. Generally, corporate headquarters will become involved in or oversee labor agreements made by foreign subsidiaries because these agreements may affect the international plans of the firm and/or create precedents for negotiations in other countries.
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International Human Resource Management 14MBAHR409 Dept of MBA/SJBIT Page 78 Multinational headquarters involvement in industrial relations is influenced by several factors Industrial relations policies and practices of multinational firms The degree of inter-subsidiary production integration: High degree of integration was found to be the most important factor leading to the centralization of the industrial relations function within the firms studied.
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