Buyer Beware: The Hidden Cost of Labor in an International - download pdf or read online

By Elvira Medici,Linda J. Spievack

fresh years have obvious a tremendous progress in ecu cross-border mergers and acquisitions (M&A), and significant consciousness has been given to how such offers come up and are accomplished. A U.S. investor needs to comprehend the elemental distinction within the precept of person hard work legislation within the U.S. and the way it compares with the legislation of the objective kingdom in an M&A. within the united states, below the employment at-will doctrine, the U.S. inner most area employers can brush aside their non-unionized staff at any time for any cause or perhaps no cause in any respect. In such a lot eu Union (EU) nations and Germany and Italy particularly, staff are presumed to have a uncomplicated correct to maintain their jobs indefinitely. one of many maximum hard work expense disparity with the U.S. isn't wages. it's the quantity of paid time-off and different advantages. Employers in Germany and Italy will locate it tricky to discharge staff with out incurring mammoth legal responsibility. For high-level, long term staff, those severance funds can run into six or perhaps seven figures.

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Buyer Beware: The Hidden Cost of Labor in an International Merger and Acquisition by Elvira Medici,Linda J. Spievack

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