Psychosocial Risk Management in Business and Global Development Goals: Decent Work and Economic Grow

According to the UN, some 2.2 billion people live below the poverty line and decent work is becoming ever more difficult to find. Globally, 200 million people are unemployed and 1.4 billion people work in precarious jobs, 783 million of them poor. The global gender pay gap stands at 23% and it is estimated that it will take another 68 years to achieve equal pay without significant effort. Moreover, when it comes to employment in Member States, informal work associated with poor employment conditions is often the norm and remains a major challenge to be addressed.
Ekonomik büyüme tüm dünya için pozitif bir güç olmalıdır.

Economic growth should be a positive force for the whole world. It is therefore important to ensure that financial progress creates decent and satisfying jobs without harming the environment. When workers' rights are respected and greater access to banking and financial services and job creation are encouraged, everyone can benefit from entrepreneurship and innovation.
The 8th global development goal (SDG 8) aims to achieve decent work and sustainable economic growth worldwide, in particular by

• By 2030, full employment, decent, productive work for all and equal pay for equal work.
• By 2025, ending forced and child labor and investing to increase job creation,
• Address informal work, where women and children are most vulnerable, by supporting entrepreneurship and innovation.
• Support investment, entrepreneurship and innovation to increase employment opportunities

Decent Work and Psychological Health
According to the World Health 

Organization (WHO), psychological health is defined as "a state of well-being in which each individual realizes his or her potential, copes with the normal stresses of life, works productively and efficiently, and contributes to his or her community".

Having a job is not good for health if that job is precarious. The rise of non-standard forms of employment that do not provide workers with the same protections as standard employment has a detrimental impact on the physical and mental health of workers and their families. The harmful health consequences of non-standard forms of employment are felt across the socioeconomic spectrum. In addition, physical, ergonomic, psychosocial and chemical hazards in the workplace can adversely affect workers' health; physically demanding or hazardous work; long or irregular working hours, including shift work and overtime; and prolonged sedentary work expose workers to serious health hazards.

The most basic working conditions are: (1) an adequate living wage, (2) limits on working hours and (3) safe and healthy workplaces.

Decent work exists in the relationship between the subjective meaning of "work" and an objective definition of what constitutes good working conditions. Identifying the psychosocial dimensions of work, together with working conditions, is therefore essential for a comprehensive enterprise system analysis. Systematic monitoring and surveillance of occupational diseases and psychosocial risk management facilitates the development of innovative measures best suited to each workplace.

Psychosocial Risk Management for Decent Work and Economic Growth

Target 8.8 includes protecting workers' rights and promoting safe working environments.

Extending health and safety legislation and the provision of basic occupational health services to all workers, including those in informal employment, reduces work-related illnesses and injuries. Efforts to raise workers' awareness of necessary health and safety information and increase their compliance and participation also help to reduce occupational health hazards.

Addressing psychosocial risks in the workplace, implementing risk assessment and risk management systems against workplace stress, adopting organizational and individual preventive control measures, increasing employees' coping skills, improving organizational communication, increasing employee participation in decision-making processes, strengthening social support systems and health and safety at work reduce stress-related physical and mental illnesses such as heart disease, anxiety, depression and musculoskeletal disorders, and contribute to the development of sustainable and productive businesses.

References

Blustein, D. L., Olle, C., Connors-Kellgren, A., & Diamonti, A. J. (2016, January 1). Decent work: A psychological perspective. Frontiers. Retrieved June 21, 2022, from https://www.frontiersin.org/articles/10.3389/fpsyg.2016.00407/full

Decent work and economic growth. International Partnerships - European Commission. (2021, August 4). Retrieved June 21, 2022, from https://ec.europa.eu/international-partnerships/sdg/decent-work-and-economic-growth_en#:~:text=The%208th%20Sustainable%20Development%20Goal,for%20equal%20work%20by%202030

Goal 8: Decent work and economic growth. The Global Goals. (2022, March 15). Retrieved June 21, 2022, from https://www.globalgoals.org/goals/8-decent-work-and-economic-growth/

Health, Decent Work Policy brief and the economy - euro.who.int. (n.d.). Retrieved June 21, 2022, from https://www.euro.who.int/__data/assets/pdf_file/0011/397793/SDG-8-policy-brief_4.pdf

Pouyaud, J. (1AD, January 1). For a psychosocial approach to decent work. Frontiers. Retrieved June 21, 2022, from https://www.frontiersin.org/articles/10.3389/fpsyg.2016.00422/full