Get Buyer Beware: The Hidden Cost of Labor in an International PDF

By Elvira Medici,Linda J. Spievack

contemporary years have visible an immense development in eu cross-border mergers and acquisitions (M&A), and significant recognition has been given to how such offers come up and are accomplished. A U.S. investor needs to comprehend the elemental 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. inner most region employers can brush aside their non-unionized staff at any time for any cause or maybe no cause in any respect. In so much ecu Union (EU) international locations and Germany and Italy particularly, staff are presumed to have a easy correct to maintain their jobs indefinitely. one of many maximum exertions fee disparity with the U.S. isn't really wages. it's the quantity of paid time-off and different merits. Employers in Germany and Italy will locate it tough to discharge staff with no incurring large 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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