Considered the second smallest country in the world, Monaco is situated on the French Riviera, off the Mediterranean coast. The official language is French, although Monégasque, English and Italian are spoken and understood by most of its people. The country has only about 40,000 residents and is considered to be one of the most expensive and wealthiest countries in the world. 

With an advantageous tax regime (which does not levy personal income taxes on its residents), Monaco is a tax haven for the wealthy who are drawn to its banking system which closely guards its clients’ privacy. Its capital, Montecarlo, is known for its casinos and its government is a constitutional monarchy, currently ruled by the Grimaldi family. The monarchy is perhaps best known for Prince Rainier III having married famous American actress, Grace Kelly, in the 1950s.

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22 Mar

Employee Benefits in Canada’s Public and Private Sectors
With companies worldwide offering innovative, cutting-edge benefits packages to their employees, knowing where exactly Canada holds the most desirable job perks can take time.
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20 Mar

Changing Labor Policies in Japan
In recent years, Japan has made efforts to keep up with the ever-changing needs of its labor market. From employee diversity initiatives to improved work-life balance policies and beyond.
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17 Mar

In Finland, the parental allowance will be paid until the child is 13 weeks old. Single parents will have the right to use the parental allowance of both parents. The minimum daily rate of paternity pay is EUR 37.21 (Euros). #Finland #ComplianceUpdates

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17 Mar

In Australia, unemployment benefits are covered through a social assistance system that includes social security, job search, and an allowance called JobSeeker Payment, which is the principal income support payment. #Australia #ComplianceUpdates

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17 Mar

In Germany, the unemployment insurance contribution rates for 2023 are 1.3% for both the employee and employer, which increased from the previous 1.2% contribution for 2022. #Germany #ComplianceUpdates

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