Key changes and results
According to International Labor Organization reportsSources: Work for a bighter future. The Global Commission on the Future of Work. Safety and Health at the Heart of the Future of Work. ILO, 2019., the world of work is currently undergoing profound changes. Globalization and market liberalism in the late twentieth century, especially in the mining industry, fostered favorable economic conditions and employment structures in many countries. However, digitalization, changing demographics and climate change, and a transition to a green economy are altering the fundamentals of the labor market. The following trends have been cited as being the most important.
Automation and robotics reduce the need for labor as production grows, and increase how selective employers can be when it comes to the hiring and skill training of employees. As a result, various forms of part-time employment are becoming more widespread. This can have both positive consequences for employees (in the form of a better work-life balance) and negative ones (lower incomes, no full employment guarantees, etc.). Therefore, an important task for employers is to help employees overcome the challenges inherent in transitioning to new work conditions.
The ILO Global Commission on the Future of Work has created a human-centered agenda that highlights three main goals: increasing investment in people’s skills, strengthening labor guarantees and expanding social dialogue, and increasing investment to ensure decent and sustainable working conditions. LUKOIL supports these objectives and has many programs to meet these goals.