As COVID-19 continues to wreak havoc in the world, one of the biggest challenges that businesses have faced has been how to manage their employees. Like other countries around the globe, Tanzania’s employment and labor laws were not COVID-19 friendly and had to be adjusted in response to the global pandemic. In April 2020, the Association of Tanzanian Employers (ATE) came out with some measures that could be taken by employers in view of the virus.
Bangladesh has a population of 168.1 million, which includes a large and inexpensive labor force of about 90 million. Of these, about 60 million work agricultural jobs (that is growing by 1% each year), and about 30 million work non-agricultural jobs (which are growing by six percent a year). All workers in Bangladesh need to follow federal labor laws dictating conditions of employment, working hours, salary, leave policies, and health laws.
The impact of COVID-19 can be felt by most industries in Australia in the form of reduced employee working hours, wage cuts, and staff reductions. Estimates show that 41% of jobs are at high risk of being terminated. This is why the Federal Government has introduced the JobKeeper wage subsidy scheme. Numerous industries in Australia have been shut down. Jobs have been terminated, and employees are being asked to take paid, or unpaid leaves as employees cut working hours or impose pay cuts. This will affect consumer spending, home price growth, and wage expectations, especially if the situation continues to worsen.
France has generous employee benefits to ensure the health and wellness of their workforce. Learn about some of the statutory benefits for employees in our What in the World? video:
In Albania, all contracts of employment need to be in writing. However, if a contract is not in written form due to some special reason, the employer has seven days from the start of employment to ensure that a written contract is provided. If that is not done, an employer can be fined up to thirty times the value of the minimum monthly salary.
Known for its beautiful Northern Lights, Iceland is a small Nordic island nation known for its laws on freedom and equality for all citizens. In 2008, after having suffered a massive financial crisis, it became successful in increasing its GDP to $23 billion by 2017. Iceland is a country primarily supported by fisheries and manufacturing industries which allow for the harvesting and export of marine products and goods. Iceland also has a relatively complicated tax system where a large share of individual income goes to the government, including municipal authorities, in order to provide welfare and benefits to its citizens.
Despite the landlocked borders hindering its trading capacity, Armenia has established itself as an emerging regional financial center by leveraging its high availability of labor and technology. For sustained economic growth, the government guards its workers’ rights very strictly. Local, as well as foreign entrepreneurs who wish to avail the business opportunities in the country, must ensure that they fully understand and adhere to the labor law in Armenia.
The Hungarian government made some significant changes to the labor law in the country in early 2020, targeting key issues to ensure the wellbeing of employers and employees as well as job security.
The Finnish labor market is known for its high level of organization. The Finnish employment legislation aims to protect all employees. Below are some useful employment rules and regulations in Finland.
Foreign nationals in Iran cannot engage in any work unless their entry visa allows them to do so. Moreover, they need to obtain a work permit and follow all the relevant laws and regulations. Here are the latest employment rules for foreign nationals in Iran.