America is attempting to renegotiate NAFTA and may withdraw from the pact if its demands aren’t met. Either move would have enormous consequences for US businesses.
In a possible about turn, President Trump recently expressed interest in reopening TPP negotiations. We look at the possible consequences of the US joining the pact.
If your organization sends employees abroad, you need to understand what a shadow payroll is and how it works. The basic concept is relatively simple, and shadow payrolls are great for lowering employer and employee risks. Properly establishing and maintaining a shadow payroll is, however, far from simple. There are countless items to consider, such as whether to implement a tax protection or tax equalization policy, how to calculate hypothetical taxes, the best way to send money across borders and much more.
HR professionals are increasingly expected to understand and comply with antitrust laws, and in particular no-poach agreements, when employing workers at home and abroad.