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India is the world’s sixth-largest economy, and has an annual average GDP growth rate ranging from 6% to 7% since the start of the 21st century. Setting up a business in India can allow you to take advantage of a large customer base, which is likely to increase your business’ profitability.
Over the past 16 years, the Ethiopian labor law has stayed pretty much the same. A few years ago, the government approved some changes to the law to accommodate changes in labor markets, employer-employee relationships, and investments in Ethiopia.
Here are some of the changes that were made to the Labor Law in Ethiopia:
South East Asia features some of the fastest growing economies in the world. The presence of varying landscapes and cultures make it one of the most diverse markets for business expansion.
As each week passes, new challenges arise for companies with global operations. Different employment laws, payroll and furlough schemes, and reopening strategies in each country make it more difficult to ensure payroll compliance with evolving regulations. How can you keep the company operational in each country while ensuring you’re keeping up with payroll and employment requirements?
Today, an understanding of every African market and its unique situation is crucial for entrepreneurial success. In this blog, we will be discussing some of the top African countries for people looking to start a new business, as well as the business advantages that Africa, on the whole, has to offer.
In December 2020, the Narendra Modi-led government made some significant changes to the Indian Labor Code.
Forty of the old central laws were replaced with four major labor codes that drew attention to wages of employees, industrial relations, health and safety hazards, as well as social security. Combined, these will help modernize India’s labor laws, revolutionizing the business environment.
Below are the changes made to India’s labor code:
The Human Resource Department serves an integral function in every business with employees. HR is not just in charge of recruiting and benefits but also checks whether companies are adhering to their legal obligations.
The roles and responsibilities of a firm’s HR department include ensuring compliance with laws and regulations set in place at the local, federal, and international levels. It is imperative for all organizations to have an efficient HR department to interact with its staff and resolve relevant issues.
The UK government implemented the Coronavirus Job Retention Scheme last year to help businesses pay employees who had to reduce working hours or were laid off as a result of the shutdown. This furlough scheme has provided months of relief for workers and their employers during this ongoing crisis. But during the last year, there have been many changes in the percentage of government subsidizes – ranging from 60-80%, and these changes have been implemented with little notice.
Italy is a European country on the coastline of the Mediterranean Sea and is home to Vatican City, the seat of the Roman Catholic Church. It has a population of more than 60 million people. The vibrant city of Florence is best known for being the epicenter of the Renaissance, which led to the creation of masterpieces such as Michelangelo’s David.
Bhutan’s issues of labor and employment are handled by the Labor and Employment Act of Bhutan, 2007. Here we explain the employment laws in Bhutan that play an important role in the Bhutanese labor market.
