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Lookout is a paid-for global share plans platform which provides bespoke legal and tax advice for incentive awards in one easily accessible and customisable location.
An overview of the key themes you need to know about employment law and best practice in your chosen country.
By Ana Antonijevic
South Korea
The Supreme Court overruled its 2013 decision on ordinary wage by eliminating the 'fixed' element requirement.
Netherlands
On 1 January 2025, the statutory minimum wage in the Netherlands will increase by 2.73%.
France
From 1 November 2024, the minimum wage increased in France.
Romania
A draft government decision to increase the national minimum gross monthly base salary was released for public debate in October 2024.
United States
US court strikes down DOL's rule raising minimum salary for overtime exemptions nationwide.
Chile
Minimum monthly salary rose on July 1,2024.