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European Union's Social Charter

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• What is the European Union's Social Charter?

• Why is it important for U.S. firms dealing with European unions to be aware of this?

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Solution Summary

The response provides you a structured explanation of European Union's Social Charter and why US companies doing business in EU should be cognizant of the Charter. It also gives you the relevant references.

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European Union's Social Charter was established to promote human rights. The Social Charter was set up to support the European Convention on Human Rights which is mainly for protecting civil and political rights and now its scope has been broadened to protect the basic rights including social and economic rights. The Charter guarantees freedoms and rights that relate to all individuals in their daily existence(1). The rights set out include labor rights, full employment, reduction of working hours, equal pay for equal work, parental leave, social security, free movement of ...

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  • MBA, Eastern Institute for Integrated Learning in Management
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