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01.05.2024
China is updating its rules for companies and one big change is how they involve employees in decision-making.
Starting July 1, 2024, companies with over 300 employees must include employee representatives in their management teams. This is a departure from the old rule, which mainly applied to state-owned companies. Now this will impact not only local companies but also foreign enterprises, including those from the DACH region (Germany, Austria, and Switzerland).
Here’s what DACH companies operating in China should consider:
In summary, DACH companies operating in China must prepare for the implementation of the new employee inclusion rule by understanding its implications, addressing potential challenges, and embracing opportunities for collaboration and growth in the evolving Chinese business landscape.
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India’s thriving economy has attracted global attention, presenting enticing opportunities for foreign investors. Leading the G20 nations in economic expansion, India boasted a remarkable 7.2% growth in the fiscal year 2022-23 and is poised to sustain this momentum with a projected GDP growth rate of 6.9% in 2023-24. As the top economy in the European […]
Ein Experteninterview mit Dr. med. Anne Pfeiffer Im heutigen dynamischen Arbeitsumfeld stehen Führungskräfte und Organisationen vor einer Vielzahl gesundheitlicher Herausforderungen. Wie können wir trotz anspruchsvoller Zeitpläne und Verantwortlichkeiten die mentale und physische Gesundheit priorisieren? Um Antworten auf diese entscheidenden Fragen zu erhalten, haben wir uns mit Dr. med. Anne Pfeiffer unterhalten – einer renommierten Mind-Body-Medizin-Therapeutin, […]
Den Mittelstand stärken: Der Einfluss von Executive-Search-Firmen auf die Talentakquise Im heutigen wettbewerbsintensiven Umfeld stehen kleine und mittlere Unternehmen (KMU) weltweit vor großen Herausforderungen, wenn es darum geht, erstklassige Führungskräfte zu gewinnen. Diese Herausforderungen umfassen Zeitdruck, den Zugang zu spezialisierten Fähigkeiten und die Notwendigkeit, bei verdeckten, sensiblen Einstellungen Vertraulichkeit zu wahren. Executive-Search-Firmen wie Departer – […]
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In a noteworthy development for the business landscape of the United Arab Emirates (UAE), the 2023 Federal Law Decree No. 51 concerning Financial Restructuring and Bankruptcy was promulgated, signifying a significant shift in the nation’s insolvency framework. This new legislation, effective from May 1, 2024, replaces the prior federal law on bankruptcy and introduces several […]
On May 15, the UAE Cabinet approved a new long-term residency visa – the ‘Blue Residency’, for individuals who have made contributions in the environmental field. The Blue Residency visa is a 10-year residency awarded to individuals who have made exceptional contributions to environmental protection. This includes work in marine life conservation, land-based ecosystem preservation, […]
Saudi Arabia is undergoing a remarkable transformation, rapidly establishing itself as a global economic leader. With substantial progress towards its Vision 2030 goals, the Kingdom presents a wealth of opportunities for European and DACH businesses looking to expand into a dynamic and evolving market. Vision 2030: Pioneering Sustainable Growth By the end of 2023, Saudi […]
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The UAE government has introduced the „Work Bundle“ initiative to streamline employee residency processes and work permits for private sector companies. Initially, this program will be rolled out in Dubai, with plans to extend it to other emirates over time.
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Sind Sie Mitarbeiter oder HR-Entscheidungsträger in einem deutschen, österreichischen oder schweizer (DACH) Unternehmen in den Vereinigten Arabischen Emiraten? Falls ja, haben wir eine aufregende Gelegenheit für Sie! Wir freuen uns, Sie zur HR- und Gehaltsumfrage 2024-25 einzuladen, einem gemeinsamen Projekt von Departer – The Know Who People und der AHK (Deutsch-Emiratische Industrie- und Handelskammer). Diese […]
In compliance with the regulations of the Ministry of Commerce, all companies operating in the Kingdom of Saudi Arabia are required to amend their articles of association to align with the new companies system outlined in Royal Decree No. (M/132) dated 01/12/1443 AH and its executive regulations as per the decision of His Excellency the […]
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As we celebrate Labour Day, it’s time to pause and celebrate the heartbeat of our organizations: Our workforce, our employees!
Here are five compelling reasons why Labour Day matters for HR leaders: …
In today’s dynamic job market, HR Managers play a pivotal role in shaping an organization’s success by attracting, hiring and retaining top talent. […]
Valuable insights for german-speaking companies: An interview with Senior Vice President of WIKA, Tino Reppe […]
Künstliche Intelligenz wird für Unternehmen immer wichtiger, um wettbewerbsfähig zu bleiben und Geschäftsprozesse zu optimieren. …
Valuable Insights from the CEO of AHK – Interview with Oliver Oehms, CEO of the German Emirati Joint Council for Industry & Commerce (AHK). Marie-Christin Gabel, our Managing Partner MEAI, conducted an interview […]
From our market expert ANZ Sabina Langenhan – she interviewed Stefan Augustin (Investment Director for Trade and Investment Queensland) […]