Employment relationships in mergers and acquisitions

Employment relationships in mergers and acquisitions

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...
Overtime and overtime agreements

Overtime and overtime agreements

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...
Employee confidentiality and business secrets

Employee confidentiality and business secrets

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,...
What is a probationary period in an employment relationship?

What is a probationary period in an employment relationship?

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...