As millennials flood into the global workforce, companies may need to adjust some of their practices to keep these younger workers in their jobs. The first step to retaining them is determining what they value in the workplace.
Canada recently expanded its parental leave policy to provide better work-life balance for families. We explain why the changes are controversial, and we give an overview of family leave benefits from around the world.
A new initiative in Singapore gives employers a framework for offering benefits such as flexible schedules and telecommuting. It's part of a global push for work-life balance, and Singapore authorities believe the initative will improve employee retention rates, productivity and engagement.
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.
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?
Employee engagement. It’s a buzzword that conjures up a multitude of different things for employers all over the world. To some, employee engagement is something fluffy, even intangible — at best an HR “nice to have.” To others, employee engagement is fundamental to their business culture and working environment. But what really is employee engagement, and what are its benefits to global employers?
In my last post, I outlined the basics of Brazil profit-sharing plans — known as “PLRs” — including how they can benefit both employers and employees. In this post, I’ll provide information on some other important — and often overlooked or misunderstood — facts about PLRs, such as, using third-party experts to draft PLRs and circumstances where PLRs are required.
In this week's Global Glance we look at the killing of a protected lion in Zimbabwe, Netflix’s new “unlimited” parental leave policy, and temporary work in the global precariat.
Employers operating in Brazil should seriously consider a profit sharing plan, or “PLR,” when designing their compensation plans. Unlike many employer obligations, this one can benefit both employers and employees alike if it is structured properly from the start. This post takes a look at the basics of Brazil’s profit sharing plans, including a list of steps to complete when developing a PLR.
Since 2012, the largest employers in the United Kingdom have been required to automatically enrol nearly all of their employees in a pension and to make minimum contributions. Over the next several years, this requirement will be imposed on all employers in the UK, with significant consequences for employers and employees alike.
If you’re thinking of hiring overseas, you’ve probably researched office space and employment costs. But before you go any further, there’s an important matter you need to consider: foreign employee vacation and overtime pay.
Around this time of year, workers in many countries are looking forward not only to some paid time off, but to an additional employee right that is virtually unheard of in the US: A “13th month” bonus.