A Future-Fit Business ensures that all its workers are treated fairly. Contracts between employer and employee afford individuals the basic protections, freedoms and rights expected in a prosperous and just society.
What this goal means
Employees who work reasonable hours, who feel secure in their employment, and who are afforded adequate time off are more likely to thrive physically, emotionally, and mentally – in and outside work. Fair employment terms are about respecting an employee’s rights, needs, and wellbeing within and beyond work.
Such terms include right of association (e.g. the right to join – or refrain from joining – a union), right to reasonable working hours, right to leisure (e.g. holiday entitlements and overtime pay) and right to parental leave.
Why this goal is needed...
The increase in non-standard (other than full time contracts) forms of employment is unprecedented and undermines the ability of workers to negotiate fair terms.
More than half the jobs created since 1995 are non-standard, i.e. part-time, temporary or self-employment arrangements.
Workers in non-standard arrangements often face substantial wage penalties relative to comparable standard workers.
For temporary employment, penalties can reach up to 30 per cent.
Working women are often financially disadvantaged when going through a period of maternity.
Of the 1.16 billion women working globally in 2013, only one third were legally entitled to cash benefits in the event of childbirth.