Modern Slavery Business Risk: What Is It And Why Do You Need To Know?

Modern slavery is modern-day slavery. It occurs when people are either forced or deceived into modern-day slave labor, often for the purpose of economic exploitation. The International Labour Organization estimates that 21 million people are victims of modern-day slavery worldwide.

Slavery can affect any country, but it’s most prevalent in Asia and Africa. At the moment, there are more than 150 countries that have laws against modern-day slavery (ILO). However, this doesn’t mean that these laws always work to stop modern-day slaves from being used in business settings every single time they’re needed

The article about Modern Slavery Business Risk goes on to discuss 3 main points: what modern slavery is; why you should care about it; and how you can help modern slaves escape.

What modern slavery is?

Slavery can affect any country, but it’s most prevalent in Asia and Africa. At the moment, there are more than 150 countries that have laws against modern-day slavery (ILO). However, this doesn’t mean that these laws always work to stop modern-day slaves from being used in business settings every single time they’re needed

Why you should care about modern slavery?

Workers who are modern slaves have no rights to education, health care or any other service that is offered by their employers

How you can help modern slaves escape?

There are a number of ways in which modern-day slaves can be rescued. The most common way this happens is when an employer does not pay the employee and then ends up owing them money.

The modern slave worker will file for bankruptcy against the company and they’ll get back all their owed wages as well as compensation because of damages caused by working without pay. This works in many countries where there’s a reasonable legal system in place but it doesn’t work everywhere.

For modern slaves that are kept under lock and key, it’s important to remember they may have been threatened against trying to escape. This is why so many modern-day slave workers are rescued by others who come into the business without knowing about their captive status (i.e., an undercover operation).

There are also cases where modern-day slaves will stand outside of businesses with signs asking for help — this type of action should always be taken seriously because there is often a great risk involved in making such actions public knowledge.

What you can do to avoid modern slavery business risks? It’s very easy for companies to make sure they aren’t at any sort of modern-day slavery business risk – all it takes is paying employees on time, providing them with the proper working environment, and making sure that they aren’t mistreated in any way.

Paying employees on time is especially important because modern-day slave workers are often kept under control by threats of withholding money or not having enough food to eat — if salaries are paid regularly then this will never be an issue at your business.

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