May 12

This week’s international news in brief

first_imgHavens must stamp out ‘harmful tax practices’A documenthas been published by the OECD as part of its drive to improve cooperation withareas identified as tax havens. Framework for a Collective Memorandum ofUnderstanding on Eliminating Harmful Tax Practices sets out the steps that theOECD is asking these jurisdictions to take in order to demonstrate a commitmentto transparency, non-discrimination and cooperation. It was sent to all 35jurisdictions identified as tax havens in June. www.oecd.org/media/MOUrev20novR1.pdf Report finds room for improvement in trainingRedesigningregular access to training for a more heterogeneous workforce will be one ofthe key challenges for European businesses, according to a report published bythe European Foundation for the Improvement of Living and Working Conditions.It looked at the impact of flexibility on working conditions in the EU andfound that significant improvements in training methods could be made,combining on-the-job learning and appropriate academic backgrounds. UK CEOs’ wages still lag behind US counterpartsThe paylevels of chief executives in the UK have grown in recent years but stillremain far behind those enjoyed by CEOs in the US, according to researchpublished in the Economic Journal. The Prince and the Pauper report found thatCEOs in the US earn on average 45 per cent more cash compensation and 190 percent higher total compensation (including share options) than their UKcounterparts. Web link www.res.org.uk/media/coynon.htm Strike overpay deal could be hopeless causeSpanishpublic-sector unions are planning to stage a one-day strike on 14 December inprotest at the government’s 2 per cent pay offer for next year. General andcivil service unions UGT, CSIF and CCOO are pushing for pay rises of at least 4per cent, in line with the rate of inflation. But the Ministry of PublicAffairs said there is little chance of the government changing its mind. Thegovernment announced its pay proposal at the end of September, allowing threemonths for debate before the courts take a final decision on 31 December. Related posts:No related photos.center_img Comments are closed. Previous Article Next Article This week’s international news in briefOn 12 Dec 2000 in Personnel Todaylast_img

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Posted May 12, 2021 by admin in category "qvxbcria

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