Should Companies Start Monitoring Labor Standards within their Global Supply Chain [ ]


The question seeking to establish whether it is important for companies to monitor their labor standards within the global chain is regularly asked. In this paper, arguments are made in support of the monitoring of labor standards. Labor standards are significant because they set regulations on important aspects in the job market. Such regulations include limitations of child labor, minimum wage, overtime payments, and also on overtime payment. Monitoring, therefore, is important since it ensures that companies work by the law, as well as the set standards. Payment of employees should be stated, and so should the correct manner of hiring individuals. It is also important to ensure that children are not involved in the organizational jobs, so as to protect kids from harm.