YTY Group accelerates recruitment fee payoffs, to complete by this month

NITRILE glove maker, YTY Group announced that it would speed up the reimbursement of fees charged to its employees from foreign countries (EFC) by employment agents during their recruitment process.

The company is planning to complete the process by this month itself.

“Last year, we announced that the EFC Reimbursement Programme (ERP) was scheduled to run until next year. 

“However, based on our latest revision, all EFC’s will now be paid a full and final payment later this month in respect of any remaining reimbursements,” it said, in a statement.

It added the decision to accelerate the payments was based on humanitarian grounds, taking into account how COVID-19 had impacted EFC and the families in their home countries.

“We believe that by hastening the process, our EFC’s will have some funds to remit back to their families, where it can be used to provide support at a time of great need,” the company added.

YTY decided to make the payments In November last year after the US started cracking down on several Malaysian glove makers for allegedly using forced labour in its operations.

Though YTY was not one of the glove makers targetted by the US, the latter made the decision to pay off recruitment fees borne by its EFCs to promote healthy work practices among its staffers.

Another audit on the way

On that note, YTY said that it will start an independent audit, led by an established social compliance agency, after the final payout is made later this month.

The audit, it stated, would be tasked to ensure that the payouts were dished out in accordance to the company’s direction and in line with standards set by external stakeholders.

“This will be a follow-on review to the original audit conducted by Verité, an established social compliance agency, at the outset of the ERP.

“The agency concluded at that time that the approach, framework and methodology employed to determine the reimbursement sums were satisfactory and reasonable,” the company stressed.

YTY remarked that it has set ambitious social compliance targets and is committed to comply with it, in all its processes.

‘And we are proud to be one of the first in the industry to have recognised the need for stringent zero-cost recruitment policies, to have gained SEDEX social compliance membership and complete comprehensive four-pillar SMETA audits,” the company quipped. – June 1, 2021.

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