Global Contact Principles

Global Contact Principles

Introduction

In this paper, we are discussing the concept for developing a set of business recommendations that could be adopted by signatures to the Global Compact. These show how to improve compliance to the two identified principles. The company we are discussing here us Genting Group, which is a, leading Group in Malaysia dealing with various businesses. Genting Company is a multinational corporation, which focuses on enhancing shareholders value and focuses on maintaining a sustainable and long-term growth in business.Company Mission

The mission of the Company is:

We will:Be responsive to the changing demands of our customers and excel in providing quality products and services.Be committed to innovation and the adoption of new technology to achieve competitive advantage.Generate a fair return to our shareholders.Pursue personnel policies, which recognize and reward performance and contributions of employees and provide proper training, development and opportunities for career advancement.

Global Concept Principles

The principles of Global Contact are:Principle 3: Businesses should uphold the freedom of association and the effective recognition of the appropriate to collective bargaining;Principle 4: the elimination of all forms of forced and compulsory laborRecommendations for the principles

In order, to uphold the principles we believe the following steps need to be taken

Enhancing Collective bargaining

The purpose of collective bargaining is the regulation of employment conditions in the broad sense and the relationship between the parties. Collective agreements should be binding. It should be possible to determine the conditions of employment, which are more, favorable than those established by law shall not give preference to individual contracts to collective agreements, except in cases where individual contracts are contained in more favorable conditions.Since, the voluntary nature of collective bargaining is a fundamental element of freedom of association it cannot be imposed, and to support the negotiation. The process should take into account its voluntary nature, and moreover, the level of negotiation should not be unilaterally imposed by law or authorities, and conduct negotiations should be possible at any level.

Collective bargaining is changing for over a decade, as evidenced by the steady decline of labor disputes and the growing interest of employers and unions for more cooperative approaches to negotiation.The success of collective bargaining implies that the employer and union negotiators understand current changes in labor relations and knowledge of approaches. These negotiation skills should be appropriate to different contexts in which they have to intervene. This program aims to raise awareness of different approaches to collective bargaining, to develop its capacity to analyze situations and issues of negotiation and improve his skills as a negotiator. Training is mainly devoted to simulations of collective bargaining overseen by the moderator.Forced Labor

Labor force is the most valuable commodity in the labor market. Delays in the process of impoverishment of the workforce will inevitably lead to an irreversible result - its degradation.Forced labor is the other side of globalization, a social evil that has no place in the modern world. Asia has not broken with labor camps, impenetrable North Korea, for example, but the time is really the constraint of state or the primary ...