Financial and Contractual Approaches to Mitigating Migrant Worker Recruitment-Related Risks

Financial and Contractual Approaches to Mitigating Migrant Worker Recruitment-Related Risks

A growing number of multinational corporations and their suppliers have begun to adopt “Employer Pays” recruitment policies. The purpose of this white paper from Verité is to identify, map, and assess the impact and potential application of contract clauses, ethical recruitment bonds, and insurance policies for promoting sustained compliance with key migrant worker standards, while mitigating financial risk to employers.

Remediation and Elimination of Recruitment Costs Charged to Migrant Workers

Remediation and Elimination of Recruitment Costs Charged to Migrant Workers

Migrant workers are frequently confronted with a choice: pay illegal or unethical recruitment fees for employment abroad or go without work altogether. To finance these exorbitant costs, they may take out loans that leave them vulnerable to debt bondage, a form of forced labor. For more than a decade, Verité has worked with global companies in diverse sectors to ensure their suppliers and business partners absorb the true cost of recruitment and prohibit the charging of recruitment costs to workers, in accordance with international standards and regulations.