An amendment to the Labour Code was passed by the Parliament. Amongst other issues, the amendment stipulates required conditions for significant redundancies and also increases basic holidays from 3 to 4 weeks. The law (with the exception of increased vacation time, which will come into effect on 1 January 1997) will come into effect on 1 September 1996.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
For further information contact Richard Fletcher, Arthur Andersen Prague, tel +42 2 2440 1300 or enter a text search 'Arthur Andersen' and 'Business Monitor'.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
For further information contact Richard Fletcher, Arthur Andersen Prague, tel +42 2 2440 1300 or enter a text search 'Arthur Andersen' and 'Business Monitor'.
