Oct 20, 2024
What is the duty of loyalty? An employee has a duty of loyalty to his or her employer. It is often forgotten that just as an employer has a duty to ensure, among other things, that an employee is safe at work and paid, so too does an employee have a duty to...
Oct 17, 2024
The Act applies to companies and associations with more than 20 employees working regularly. Thus, an employer with 20 or more employees must initiate negotiations on changes when it is considering the dismissal of one or more...
Oct 17, 2024
The CEO is not an employee of the company and the Employment Contracts Act does not apply to the CEO. The managing director of a limited company is the governing body of the company in the same way as the board of directors and the general meeting. The managing director does not therefore have an employment relationship with the company. The status of the CEO is...
Oct 16, 2024
Overtime is, in short, work that exceeds the maximum number of hours a worker is allowed to work. The general rule in the Working Time Act is that the normal working time is 8 hours per day and 40 hours per week. However, exceeding the regular working hours does not...
Oct 14, 2024
Although the protection of trade secrets is defined in the Trade Secrets Act, the company itself must take active steps to protect trade secrets. The legal sanctions of reparation, injunction and damages are only available once the damage has already been done. At that stage,...
Oct 11, 2024
A shareholders' agreement is usually advisable when there is more than one shareholder in a limited company. The provisions of the Companies Act and the Articles of Association are usually not sufficient to cover or regulate the relationship between the company and its shareholders or the...
