Category: HR

Do you have employees in Singapore? Learn about Social Security, Statutory Leaves, and Recent Employment Act changes

The Employment Act is Singapore's primary labor law and provides the necessary terms and conditions at work for employees covered by the Act. All employees working under a contract of service are covered except managers, executives with a monthly basic salary of more than $4,500, seafarers, domestic…

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Malaysia: New Companies Bill Aims to Simplify Corporate Governance, Increases Liabilities of Directors

Malaysian parliament, the Dewan Rakyat, passed the new Companies Bill earlier this year. The bill will replace the 50-year-old Companies Act of 1965 and is expected to come in force by end of 2016. Here are the five key changes proposed in the Companies Bill: Incorporation gets easier:…

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Checklist: Sending Employees Overseas

An expat often costs 3 times the domestic employees. So from the employers perspective, it’s crucial that they take all important factors into account. Here we highlight 10 critical items every employer should check before sending their employees overseas. Want to know more about sending…

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Sweden: Non-Compete Period Capped at 18 Months

Under a new collective bargaining agreement on non-compete clauses, the restricted period may not exceed 18 months past the last day of employment. The new rules will apply to non-compete clauses entered into by employers bound by it as of December 1, 2015. These are…

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Seminar: Global Expansion Strategy

Join us for a seminar on “Global Expansion – Getting it Right” to learn real-world insights, examples, and practical tips for companies going global including: Steps companies should take to ensure they are truly prepared to expand Creating the optimal legal structure Tax and compliance…

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EU Says Yes to Trade Secrets Directive

The European Parliament, in April, approved a new directive on the protection of trade secrets that will provide common minimum statutory standards for all member states and most importantly provide a clear definition of what constitutes a trade secret. As per the directive,…

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India: Double Taxation Relief for Companies, New Minimum Wage for Contract Workers

In a relief to companies and individuals having overseas income, the Central Board of Direct Taxes (CBDT) drafted a set of new rules to simplify the use of Foreign Tax Credits (FTC). The proposed framework will allow companies and individuals to claim credits on…

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The 2016 UK Budget: Impact on HR and Payroll

UK’s 2016 budget has several guidelines and measures that may impact your UK payroll.  Below are some of the main highlights. Income Tax Thresholds. In April 2017, tax-free personal allowance will increase to £11,500 (a £300 increase). The point at which higher earners will…

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Payroll/HR Alert: China Lowers Social Security Contribution Rates

Beginning May 2016, corporations doing business in China can lower their contribution to Pension Insurance, Unemployment Insurance and Housing Provident Funds. The new policy, announced by the China’s Ministry of Human Resources and Social Security, aims to relieve corporate burden and increase employee…

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Keeping Private Data Private: EU’s New Regulations

The General Data Protection Regulation (GDPR) is the European Union’s new common framework and is expected to be enacted by 2018. Under these new guidelines, member states must implement a set of common regulations, yet can include local additions. The common regulations are…

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