Asia’s diverse landscape, with its unique retirement-related obligations in each jurisdiction, poses challenges in formulating a harmonised retirement policy. This article explores the statutory retirement ages and re-employment obligations across Asia, offering a guide to understanding the intricacies of the region’s retirement landscape.
Questions
Singapore
PRC
Japan
Hong Kong
South Korea
Taiwan
Is there a…
On 22 August 2023, Indonesia introduced its ‘Golden Visa’ scheme. Under Minister of Law and Human Rights (MOLHR) Regulation No. 22 of 2023 on Visas and Stay Permits (Reg 22/2023), foreign investors may be eligible for visas lasting up to five or ten years, depending on the value of their planned investment in Indonesia.
Golden…
The Malaysian Court of Appeal in Gopala Krishnan Chettiar a/l Muthu v Sealand Marine Inspection and Testing (M) Sdn Bhd 2023] 4 MLJ 445 recently ruled that a director can also be considered a workman if they in fact carry out functions and duties as a workman, enabling them to file a claim for dismissal…
On 12 December 2023, the Supreme People’s Court (SPC) released a draft Interpretation on Issues Concerning the Application of Law in Employment Disputes (II) (the Draft), seeking public consultation. Although the Draft is not final, it reflects the SPC’s views on relevant employment issues and the judicial trends in China. In this update, we highlight…
The Income Tax Act and its Enforcement Decree were recently revised to introduce a requirement for local subsidiaries or branches of foreign companies in South Korea to file information concerning stock-based compensation issued to their executives and employees by the foreign companies. This requirement became effective on 1 January 2024 to stock-based compensation received or…
Words of warning for employers: a regional comparison of AI in the workplace
Tuesday, 20 February 2024, East and West time zones accommodated.
As the digital revolution accelerates, employers are eagerly adopting new technologies with significant impacts on the workforce. Are you part of the 20% of employers who never consult employee representatives before introducing…
The Government has published draft regulations setting out the changes it proposes for those taking statutory paternity leave where the expected week of childbirth (or expected date of placement or entry into Great Britain for adoption) starts on or after 6 April 2024.
Currently employees can take only one period of paternity leave, electing to…
Acas has published a revised version of its updated statutory code on dealing with flexible work requests, for parliamentary approval. It is expected to be brought into force in April 2024 along with the changes to the flexible working request regime (discussed here). A lot of the changes from the initial draft code…
For all its benefits, being able to identify when AI is misused, or is simply wrong, will be a big challenge for judges and employers alike
A recent case in the Tax Tribunal has shone a spotlight on the dangers of relying on Generative AI such as ChatGPT, particularly where the readers of material produced…
Future of Work – New challenges, new norms
Olga Klimczak, Natalie Gaspar and Shiv Jhinku take the wheel to explore HSF’s latest Future of Work report. They unpack the key ESG related findings including cost of living, pay and benefit inequalities as a potential trigger for activism, as well as a significant rise in…
