Oct 24, 2024
In a share deal, a shareholder of a company sells shares that entitle him or her to control the company to another party. Although the shareholder changes, the employer company of the company's employees remains unchanged. This article examines business transactions, in particular...
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,...
Mar 12, 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...
Dec 15, 2021
What does a probationary period mean? The probationary period is the period at the beginning of the employment relationship when the employee or the employer can terminate the employment relationship immediately and on lighter grounds than later in the employment relationship. The ultimate purpose of the probationary period is...