FinTech Awards 2024

18 | Wealth & Finance FinTech Awards 2024 Digital Innovators of the Year 2024 - Azerbaijan The State Labour Inspection Service, under the Ministry of Labour and Social Protection of the Republic of Azerbaijan (hereinafter referred to as the Service), is responsible for overseeing the implementation of labor legislation and other relevant normative legal acts, as well as promoting a healthy labor relations environment and decent working conditions in the country. This award is presented in recognition of the Service’s remarkable achievements related to the Labour and Employment Subsystem (EMAS). This electronic platform integrates employers, employees, and job seekers, facilitating the regulation of labor relations while promoting transparency and accountability within the labor environment. Developed by the Ministry of Labour and Social Protection in 2022, the platform has significantly improved employer-employee relations and has driven the transition to digital processes in response to the evolving labor market. The platform centralizes the management of market trends, supports statistical research, and enhances proactive monitoring measures. The Service continues to expand the national electronic employment platforms and fulfill its role in meeting the growing demands of employers and employees alike. Aligned with the Service’s operational objectives, the platform has implemented modules for the online signing of employment contracts between employers and employees by automating the process. It also applies international standards in the fields of labor organization and protection, and includes systems for registering occupational accidents. Additionally, the creation of an electronic audit module is planned for the near future. A unified electronic information system called “Control of Informal Employment” will also be established. This system will include tools for identifying cases of informal employment, conducting risk assessments, preparing annual plans, and managing event registries and relevant notifications.

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