Designing and evaluating policies that promote fair wages, job security, and skills development.
This area addresses how work is organised, rewarded, and protected. It explores policies that secure fair pay, safeguard employment, and strengthen opportunities for learning throughout life. By balancing equity with competitiveness, it aims to build a labour market that is inclusive, adaptable, and resilient to economic and technological change.
Fair wage policies
Fair wage policies seek to align pay with productivity and cost of living while preventing exploitation. By drawing on labour market data and wage benchmarks, they aim to reduce disparities and support economic participation. These measures help ensure work provides dignity, sustains households, and promotes a fair distribution of prosperity.
Job security and labour market regulation
Job security underpins both economic stability and social trust. Through contract rules, dismissal protection, and social safety nets, regulation shields workers while allowing businesses to adapt. Effective frameworks balance flexibility with protection, ensuring that labour markets can evolve without undermining the security and well-being of those who depend on them.
Skills development for economic adaptability
Skills policies prepare individuals for shifting economic realities, from automation to global competition. They promote vocational education, retraining, and lifelong learning, enabling workers to remain employable across sectors and careers. Strong skills systems boost innovation, productivity, and resilience, helping societies navigate transitions while reducing the risk of exclusion.
