Buyer Beware - The Hidden Cost of Labor in an International Merger and Acquisition (Paperback)

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.

General

Imprint:	Business Expert Press
Country of origin:	United States
Release date:	December 2016
Authors:	Elvira Medici • Linda J Spievack
Dimensions:	229 x 152 x 5mm (L x W x T)
Format:	Paperback
Pages:	79
ISBN-13:	978-1-63157-598-3
Categories:	Books > Business & Economics > Business & management > General Books > Law > Other areas of law > Law as it applies to other professions Promotions
LSN:	1-63157-598-8
Barcode:	9781631575983

Is the information for this product incomplete, wrong or inappropriate? Let us know about it.

Does this product have an incorrect or missing image? Send us a new image.

Is this product missing categories? Add more categories.

Review This Product

No reviews yet - be the first to create one!