When, in difficult economic times like these, a U.S.-headquartered employer needs to cut back its human resources costs, the first strategy that comes to mind is a U.S.-style cut-back -- a restructuring, pay-cut, or reductions-in-force. The cut-back strategy comes first to mind to American management because the U.S. is virtually unique as an employment-at-will jurisdiction. In the states, implementing a restructuring, pay-cut, or reduction-in-force, although inevitably tricky, tends to be less regulated, by international standards.
The other side of this coin is that, outside the U.S., so-called "indefinite employment law" or "security of tenure" systems impose concepts of "vested and acquired" rights. Overseas, laws regulate workplace restructurings and pay-cuts more extensively than stateside, and they regulate reductions-in-force substantially more extensively.
This webinar will show an America-based multinational how to project-manage a cross-border human resources cut-back across its outside-U.S. operations with a focus on project-managing cross-border restructurings, pay-cuts, and reductions-in-force.
Join Donald C. Dowling, Jr., International Employment Counsel, White & Case for a discussion of:
Donald C. Dowling, Jr., International Employment Counsel, White & Case