ILO Global Business Network on Social Protection Floors

Today nearly 73 per cent of the world’s population lack access to adequate social protection coverage. The establishment of social protection floors (SPFs) requires a strong political will from the government and social partners, and private sector enterprises can help promote them. There are many reasons why private-sector companies and their representative business associations may wish to be involved in discussions on balanced and sustainable public social protection policies and their implementation at the country level.

A growing body of studies shows that social protection supports companies’ competitiveness, and results in lower absenteeism, greater worker productivity and reduced turnover. Furthermore, it is a driver of growth and development: it boosts aggregate demand for goods and services by increasing incomes, which can create new business opportunities for private-sector enterprises; and it is a driver of social and political stability, which are important factors that impact firms’ success and economic development at large.

Benefits of Partnering

  • Access to cross-sectoral knowledge on child labour issues from other companies with experience in dealing with similar challenges;
  • 20 years of experience in technical expertise, field work, and policy advice from the ILO International Programme on the Elimination of Child Labour, including a members-only website as a repository of publications, communities of practice, and an events board;
  • Regular updates on changes to child labour legislation, including hazardous work lists sets at the country level;
  • Enhanced linkages with national tripartite structures and processes to eliminate child labour. Resultantly, efforts are better linked to nationally-owned policies and programmes; and as a corollary, the sustainability of such efforts is increased;
  • Access to annual high profile CLP conferences, ad hoc training workshops and meetings and webinars.