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Tricky Benefit Packages Can Create Complications Overseas
1 pages
Publié par
Nandita Verma
Typically you’d think hiring an employee internationally would be much like the U.
S.
– you’d pay a salary
and provide some benefits like life insurance, medical
insurance, and maybe a pension contribution.
Unfortunately, when...
[Plus]
Typically you’d think hiring an employee internationally would be much like the U.
S.
– you’d pay a salary
and provide some benefits like life insurance, medical
insurance, and maybe a pension contribution.
Unfortunately, when you go international you soon learn that
each country is quite different and that ‘benefits’ have
a wider meaning.
Mexican Pretax Profit for eMPloyees
Employees have certain rights which cannot be denied
by any contract in Mexico.
The most unwelcome news
to many U.
S.
employers is that employees can be
entitled to 10% of the company’s pretax profit! Maybe
the second most unwelcome information is that they
are also entitled to an extra 25% of their salary during
holidays.
chinese Marriage leave
In China, an employee gets the benefit of an additional
leave; “marriage leave” which varies by age.
If the
employee is marrying later in life, (e.
g.
the groom is
over 25 years or the bride is over 23 years) they will be
entitled to 10 additional days during which
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