Global M&A trends and risks
Powerful new forces shaping in the M&A landscape
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Global | Publication | December 2020
On December 10, 2020, the parliament adopted draft bill 7719 amending Article L. 222-9 of the Labour Code and increasing the minimum social wage by 2.8 per cent.
This new legal provision, which shall come into effect as of January 1, 2021, will have the following consequences:
The current index - 834.76 - remains unchanged.
Amidst Covid-19 pandemic crisis, the government decided as per draft bill 7718 upon a one-time lump-sum capital grant of 500 EUR per employee whose monthly salary is greater than or equal to the minimum social wage and less than or equal to the qualified minimum social wage. Such aid will be granted to certain companies for its employees hired before 31 December 2020 and in service during the first half of 2021. This draft bill is however yet not adopted.
Nina Varumo is a freelance portrait and documentary photographer based in Stockholm. A recent project of hers Kvinnor till sjöss (‘Women at sea’) is on ongoing photo series highlighting the working life of female seafarers in order to change the stereotypical image of what and who is a seafarer.
Companies have been publicly reporting on their financial performance for over a hundred years. However, they are increasingly having to make public non-financial disclosures relating to sustainability and environmental, social and governance (ESG) matters as a result of rules, laws and regulations issued by stock exchanges, governments and regulators worldwide.
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