Page 186 - Socially-responsible-restructuring-Effective-strategies-for-supporting-redundant-workers

Socially responsible restructuring
Effective strategies for supporting redundant workers

EESC – European Economic and Social Committee

EGAF – European Globalisation Adjustment Fund which aims to support
workers, mainly in regions and sectors that have been disadvantaged by
exposure to the global economy, through funding for reintegration of displaced
workers into new work opportunities.

ERM – European Restructuring Monitor which has been set up to review the
consequences for employment in Europe of economic restructuring for job
creation and job losses in EU Member States and Norway.

ELGPN – the European policy forum for guidance-related practice established in
2007 to support the European Commission and to share and reflect on national
practice among Member States and others as the European lifelong guidance
policy network.

Employment Protection – measures introduced in, for example, restructuring by
regulation or previously determined collective agreement or unilateral responses
of enterprises to preserve an optimum level of employment and current
employees at the existing workplace.

Enterprise – a legal company or trading organisation which may operate as a
single organisation in one country (in one or several sites) or in several countries
(as a multi-national enterprise). Enterprises are usually subject to autonomous or
quasi-autonomous (if a subsidiary of a larger organisation) decision-making on
employee resourcing and related matters.

Enterprise start-up – support (ad hoc and in programmes) to facilitate
‘employees’ and others to develop and implement business plans to start-up new
(usually micro) business creation. This typically involves direct grants, interest-
free loans or the provision of guarantees including access to start-up or other
subsidised premises, and which typically include some form of advice and
guidance or entrepreneurial training.

Establishment – a part or division of a larger organisation or enterprise, and
where there is little or no autonomy on employee resourcing practices.

ETUC – European Trade Union Confederation

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