On July 1, 2016, the High Income Threshold (HIT) will increase to $138,900.
On July 3, 2016 Russia passed a law (Federal Law 272-FZ) which introduces a number of key changes relating to employment payments. The changes will be effective October 3rd.
Effective July 1, 2016, employers can distribute shares to their employees up to a value of 10% of their annual salary. The scheme, called a 7P scheme, can be established by a written agreement between the employee and the employer with tax levied only at the point of sale based on capital gains rather than income tax.
URSSAF, the French social security authorities, have commenced legal proceedings against Uber for unpaid social security contributions, claiming that its drivers are employees and not self-employed. Additional criminal proceedings are also underway which accuse Uber of illegally misclassifying drivers in an attempt to avoid employment laws.
This week's Global Glance looks at the Pew’s new digital economy survey; how Senator Warren’s speech on the gig economy sparked a global debate; and France's ongoing labor unrest.
As Radius reported last fall, certain public and private sector employees in Sweden are trialing a six-hour workday. Those innovative employers that are trialing the six-hour workday recognize the significant potential of the practice. While there are potential disadvantages to a shortened workday — such as the possibility that the employer might need to recruit additional workers to make up for lost hours — there are also many long-term employer benefits of moving to such a schedule.
Last month Uber announced that it will pay up to $100 million to settle class action claims from US drivers claiming to be employees rather than self-employed contractors. The global ride-hailing service is fighting similar battles on a number of fronts, including a lawsuit in the UK from drivers seeking worker rights and compensation for lost earnings.This new world of contingent labour does not come without costs, and is in many ways seriously testing old labour codes that demarcate the self-employed from the employed. The distinction is an important one.
Achieving a balance in the area of family leave is critical for multinationals. HR leaders should ask themselves: How can we develop family friendly leave policies that comply with local labor laws and customs, and encourage a healthy work-life balance, all while ensuring that our growing business remains financially sustainable?
France has approved a decree whereby an employer can provide a mileage reimbursement to employees who cycle to work.
Over 1.3 million employees receive luncheon vouchers in Belgium. In an attempt modernize the benefit, the paper based vouchers have been fully replaced with an electronic pass.