The new December issue of China Briefing is now online and details the implications and compliance issues foreign investors face when assessing the impact of China’s new labor law. Set to become effective in little over a month on January 1, 2008, the magazine details the laws background, new employer liabilities, the changes that need to be made to employment contracts, and obligations concerning written forms, probation periods, confidentiality and non-compete clauses, fixed and open-ended contracts, part-time employment, the payment of wages and welfare, and new severance and termination obligations. Critically, we also advise on the changes foreign investors need to make now to their employment contracts, the new procedures to follow, and the financial and contractual obligations this new law brings. An assistance hotline is also provided for labor law compliance enquiries.
It’s a big deal and foreign businesses have a month to get prepared. Subscribers can download as normal, if you want to access the issue, please click here or visit the subscribe section and download from there.
November 27th, 2007 at 4:51 pm
AT LAST someone who can make sense of it and instead of just complaining about it actually tells us what to do about it! Many thanks!
December 12th, 2007 at 6:00 pm
Fantastic issue, thank you very much; could you advise on the overtime issues, as in how it should calculation and are there any positions that can be exempt or even a manager that is paid 2k euro a month would have to be paid overtime?
If the above answer is yes, would this new labour law apply to foreigners as well? Because it might turn out to be cheaper to just employ foreigners at higher positions.