Elvira Medici,Linda J. Spievack's Buyer Beware: The Hidden Cost of Labor in an International PDF

By Elvira Medici,Linda J. Spievack

fresh years have obvious an immense progress in ecu cross-border mergers and acquisitions (M&A), and massive cognizance has been given to how such bargains come up and are accomplished. A U.S. investor needs to comprehend the fundamental distinction within the precept of person exertions legislations within the U.S. and the way it compares with the legislation of the objective nation in an M&A. within the united states, lower than the employment at-will doctrine, the U.S. deepest area employers can brush off their non-unionized staff at any time for any cause or maybe no cause in any respect. In such a lot ecu Union (EU) nations and Germany and Italy in particular, staff are presumed to have a easy correct to maintain their jobs indefinitely. one of many maximum hard work price disparity with the U.S. isn't wages. it's the volume of paid time-off and different advantages. Employers in Germany and Italy will locate it tough to discharge staff with out incurring vast 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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