TheOECDdoes not enforce legal mandates. Instead, it issuesvoluntary guidelinesthatmember countries are encouraged to adopt. These recommendations covercorporate responsibility,employment standards, andethical labor practices.
GPHR Study Guide Extract – Workforce Relations and Risk Management / International Employment Standards:
“OECD guidelines are voluntary principles and standards for responsible business conduct addressed to multinational enterprises. They are non-binding and are designed to complement existing labor laws and ILO conventions.”
This makes OECD guidelinesadvisory, unlikeILO conventions, which can beratifiedandlegally binding.
Contribute your Thoughts:
Chosen Answer:
This is a voting comment (?). You can switch to a simple comment. It is better to Upvote an existing comment if you don't have anything to add.
Submit