Asia

POLICIES FOR QUALITY EMPLOYMENT Indonesia must reorient its policy towards quality employment, including by incentivising employers to hire formally and pay fairly. Indonesia can learn from Chile’s Subsidio al Empleo Joven (Youth Employment Subsidy), which offers wage subsidies to enterprises hiring vulnerable young workers, while linking social security benefits and access to credit to formal employment status. OECD evaluations show that this program has raised the probability of formal employment by 3 per cent and led to higher earnings for beneficiaries. Adopting similar targeted incentives can encourage more businesses to provide decent and secure employment. Improving job quality is not…

2025 © Prices.com LLC. All Rights Reserved.