Regular readers will know we’re generally not fans of emerging economies fixing the value of their currencies. Much better to let them float and adjust according to market sentiment than make them overvalued through rigid controls. The always-interesting Peterson Institute for International Economics has laid out the reasons why fixed exchange rates cause so much […]

Year-end is quickly approaching and this one is promising to be one for the record books. Election years tend to make for several unsettling months as we await a new administration and Congress. As a result, we won’t see the usual flurry of payroll updates in October through December at the federal level. These likely […]

On 26 June 2024, the Luxembourg parliament adopted draft bill No. 8070 («Law»). The Law aims to implement into Luxembourg law Directive (EU) 2019/1152 of the European Parliament and of the Council of 20 June 2019 on transparent and predictable working conditions in the EU («Directive»). Accede al CONTENIDO completo Fuente: Baker McKenzie

El Tribunal de Justicia de la Unión Europea (TJUE) ha declarado que una mejora de seguridad social es una condición esencial de trabajo, a efectos del principio de igualdad de trato entre las personas trabajadoras de ETT y los de la empresa usuaria, lo que tendrá impacto en los costes de contratación por esta vía. […]

El mundo laboral está en plena transformación, influido por los cambios radicales de los últimos años. La dinámica social está remodelando las estructuras de trabajo, la tecnología y la Inteligencia Artificial están avanzando a una velocidad vertiginosa, mientras seguimos viviendo las consecuencias y la recuperación de un mundo pospandémico. Accede al CONTENIDO completo Fuente: Mercer

Following major declines in the value of currencies in Angola, Egypt, Ghana, Nigeria, Zambia and Zimbabwe this year, August saw another two African currencies take a plunge. Both the Ethiopian birr and the South Sudanese pound effectively lost half their value against the euro over the course of August (see first table below). Accede al CONTENIDO completo […]

While organizations have been exploring how AI can support their productivity and growth across many functions, one area that has been taking a more cautious approach is the Total Rewards function. With a variety of confidential data about employees managed by this team, there is an understandable hesitance to jump in too quickly. But there […]