Public sector and private sector employers in Sweden are currently trialing a 6 hour work day designed to reduce stress and further a work life balance. Employees will still receive the same level remuneration.
Effective October 1st, employee compensation for non-patented inventions will be structured the same way as patented inventions and the amount of the statutory level of compensation has increased from 20% to 50% of the net profit.
Global HR, launched today by global growth experts Radius, programmatically accounts for country-by-country differences in employment regulations, compliance issues, benefits policies, paid time off and other country-specific HR requirements so that HR leaders can more readily manage the risk and complexity of their global employee population.
Saudi Arabia has made sweeping labor law reforms that were effective on October 8th and focus on some of the fundamental aspects of an employment relationship, such as working hours, paid leave and fixed term contracts.
There has been mounting pressure to increase the length of maternity leave with some local employers developing their own extended leave provisions in the absence of Government action. Many employers in the high tech sector and professional services sector have acknowledged the increasing importance of gender diversity in the workplace and how extended maternity benefits can have a positive role to play in securing and retaining skilled female employees.
Countries around the world are grappling with change as work increasingly goes mobile. While workers in the US — particularly millennials — are clamoring for a more flexible workplace, the picture abroad is murkier, with some countries moving in the opposite direction. Companies that plan to send employees overseas need to be aware of the differences and prepare workers for organizations that view white-collar working hours in a very different light from their counterparts in the US.
Following a recent trial of about 10,000 workers, the French government has approved a cycle to work scheme where an employer will be required to compensate an employee for their journey to and from work.
In my last post, I outlined the basics of Brazil profit-sharing plans — known as “PLRs” — including how they can benefit both employers and employees. In this post, I’ll provide information on some other important — and often overlooked or misunderstood — facts about PLRs, such as, using third-party experts to draft PLRs and circumstances where PLRs are required.
Irish employees can now accrue annual leave during period-of-sickness absence. Any accrual can be carried forward for a maximum period of 15 months after the year it was earned in circumstances where the employee has not been able to use it.
In India, more employees will benefit from annual bonuses, end-of-service gratuity payments and longer maternity leave periods.