Though there are places in the world people can be fired without warning, it tends to be the exception rather than the rule.
After conquering Europe and making significant headway in Asia and some parts of the Middle East like Dubai, many business schools from the United States and Europe are now exploring a bold new frontier: Africa.
For high growth companies (start-ups) in today’s most competitive sectors, building an international business is no longer optional. If you’re planning on building a business only within the confines of your country and relying on the strengths of the domestic markets, you will leave market share on the table.
Different employment laws mean different requirements on your end. Save yourself future headaches by doing an audit now
For any operation heading toward a merger, acquisition or divestment, executives tend to maintain a laser-like focus on the deal itself. However, especially when deals occur across multiple jurisdictions, there is a mountain of operational and compliance details to plan for, particularly in human resources.
China has done a good job of creating the appearance that it’s made it easier to establish a Wholly Foreign Owned Enterprise (WFOE, pronounced “woofy”) there, but for Canadian SMEs, nothing’s really changed. The process is still time-consuming and onerous.
As tax base erosion and profit shifting come under major scrutiny from the world’s biggest economies, the practice of corporate inversion has once again come under the microscope. While further restrictions on inversion are likely only a matter of time, ending the practice will amount to only a small patch on a global tax framework that’s come up for serious rethinking.
If your business must establish or maintain a presence in China, this represents a new HR challenge. You may be able to head off the challenge altogether if you have the flexibility to place employees in Shanghai or another alternative to Beijing. It’s a pivot that could lead to significant savings on benefits and leave you with happier employees.
At firms heading towards a merger, acquisition, or divestment, executives tend to maintain a laser-like focus on the deal itself: What is the share price? What are the terms?
Lexington biotech Shire plc, which turned away three previous buyout bids from AbbVie Inc., acknowledged Monday its executives were engaged in takeover talks after the drug maker sweetened its offer by $2.6 billion to $53.6 billion.
Narendra Modi, India's newly elected prime minister, is experiencing a moment reminiscent of the early days of Barack Obama's presidency, some watchers of Indian politics say. There is a general feeling of optimism that Modi can get things done despite a slow, choked bureaucracy and improve the country's economic fortune.
When it comes to expanding into overseas markets, few challenges are as daunting as hiring new employees, especially in countries where the culture, regulations and language are vastly different than in the U.S. At the same time, hiring the right employees and ensuring that your company is compliant with all applicable regulations is essential to the success of your expansion.