Also in the news...
Growth Gateway: Laos sustainability opportunities
Laos could unlock up to £270 million in GDP and create 55,000 jobs by 2030 through targeted climate investments in agriculture, energy and forestry.
UK Trade Envoy in Cambodia to boost trade and investment
UK Trade Envoy Matt Western MP visits Cambodia to strengthen trade and investment ties and support Cambodia’s sustainable economic development.
Who is subject to financial sanctions in the UK?
A guide to the current consolidated list of asset freeze targets, and a list of persons named in relation to financial and investment restrictions under the Russia regulations
Homes for Ukraine visa sponsorship scheme: privacy notice
Homes for Ukraine visa sponsorship scheme: How we use personal data.
Check duties and customs procedures for exporting goods
Find information about how to move goods from the UK to the rest of the world.
Government monitoring staff turnover rates
Designed as a way to stem abusive employment practices, the Health, Labour and Welfare Ministry is now actively requesting that businesses disclose their employee turnover data when hiring new graduates. What is being targeted are employers that sign up a large number of new graduates assuming many of them will quit due to harsh working conditions such as extended overtime, low wages and harassment. These are colloquially known a “black companies”.
The Ministry is asking companies that hire university and graduate school students to include in the job opening posts they submit to Hello Work (the government’s job assistance bureau) figures for how many employees they hired and how many quit in the previous 3 years.
It is not mandatory to provide the turnover data, but failure to do so will likely raise suspicions among job seekers. Job opening posts for high school graduates already have boxes for disclosing turnover data.
Young workers at IT companies are said to have been the first to call their exploitive employers “black companies” in the early 2000s. Such companies are now found in a broad range of businesses, including retail, food, servicing, nursing and nursery services.
The ministry has surveyed about 4,000 companies across the country to check if they are complying with the Labour Standards Law and has provided guidance when necessary. It plans to bar companies that persist with abusive hiring practices from soliciting employees through Hello Work job centres.