Venezuela: Real value of pay continues to fall despite minimum wage increases

FedEE Modern Slavery and Human Trafficking Statement

The Federation of International Employers (FedEE) is committed to undertaking its activities in an ethical and humane way. We seek to verify that none of our Suppliers, Associates, Affiliates Representatives or Members is involved in unethical trade practices and operate our own employment policy in line with ILO conventions and the principles of best practice. Operational and strategic issues are the responsibility of the FedEE Board, whilst day-to-day running of FedEE is through its Secretary-General and contractual relationship with our operating affiliate FedEE Corporate Services Limited (FCSL). Our services are mainly engaged via FCSL and are principally in the fields of professional services, IT services, telecommunications, utilities and office supply. We undertake to pay our suppliers in a timely way and promote an organisational philosophy that promotes equality of opportunity, freedom of expression, tolerance and a liberal corporate stance. FedEE has its own code of conduct, developed many years ago, and seeks to both further that in the corporate world and adhere to it in our own organisation.