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    182034

    The impact of AIDS on business, labour and development. Strategy paper.

    Global Compact Policy Dialogue on HIV / AIDS (2003: Geneva)

    [Unpublished] 2003. Strategy paper for the Global Compact Policy Dialogue on HIV / AIDS, Geneva, Switzerland, May 12-13, 2003. 4 p.

    Successful businesses are those that adapt to the changing environment in which they operate: this could include changes in technology, legislation, markets or labour supply. HIV/AIDS is now a factor that companies must take into account in their planning and operations. It has been clear for some time that many companies are affected in two main ways: production is disrupted and productivity reduced at the same time as direct labour costs are rising. Productivity is affected by the loss of skilled and experienced workers, by absenteeism, and by falling workplace morale, including the loss of confidence in companies who take no action in high-prevalence situations. Rising costs include medical treatment, funeral costs, insurance, and the costs of replacing, training and retraining staff. (excerpt)
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