Buyer Beware - Elvira Medici

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The Hidden Cost of Labor in an International Merger and Acquisition

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91,76 zł

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Najniższa cena z 30 dni przed obniżką: ~~86,83 zł~~ / szt.+5%

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Produkt dostępny

14 dni na łatwy zwrot

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Recent years have seen a huge growth in European cross-border mergers and acquisitions (M&A), and considerable attention has been given to how such deals arise and are completed. A U.S. investor must understand the basic difference in the principle of individual labor law in the U.S. and how it compares with the laws of the target country in an M&A. In the U.S., under the employment at-will doctrine, the U.S. private sector employers can dismiss their non-unionized employees at any time for any reason or even no reason at all. In most European Union (EU) countries and Germany and Italy specifically, employees are presumed to have a basic right to keep their jobs indefinitely. One of the greatest labor cost disparity with the U.S. is not wages. It is the amount of paid time-off and other benefits. Employers in Germany and Italy will find it difficult to discharge employees without incurring substantial liability. For high-level, long-term employees, these severance payments can run into six or even seven figures.

EAN: 9781631575983

Producent

Kod produktu

079GIA03527KS

Rok wydania

Elementy

Oprawa

Miekka

Format

15.2x22.9cm

Język