Belgium enacts bonus tax exemption
As of 1 January 2018, bonuses paid to employees as warrants or options, that do not exceed 20 percent of total gross earnings, are exempt from employer and employee social security contributions.
South Korea amends the Labor Standards Act
Amendments to the Labor Standards Act (LSA) were passed by the Korean National Assembly on 28 February 2018. The new law aims at improving work-life balance through changes to working hours, public holidays, overtime and annual leave. Some provisions of […]
Estonia expands parental leave benefits for fathers
The Estonian Parliament approved amendments at the end of 2017 enhancing the statutory benefits provided to fathers and parents of multiples. The reform, which enters into force gradually from March 2018 to July 2020, extends parental leave and provides a […]
Quebec to amend its labor standards act
On 20 March 2018, Quebec’s labor minister, Dominique Vien, introduced a bill that would broaden protections for Quebec workers in the areas of working hours, leave, wages, harassment and discrimination. Bill 176 – “An Act to amend the Act respecting […]