Last year, Portugal wanted to increase the flexibility of its employment regulations and by doing so would correspondingly increase its competitiveness. A year later some labour law reforms have been approved, mainly related to the termination of employment contracts and redundancies in general, in view of the very difficult situation that Portugal was, and is…...
In 2012, the Spanish Labour Law Reform modified both methods of redundancy and internal flexibility. However, companies in crisis are not always aware of the most adequate measures available to help them surpass their current difficulties....
Prior to the recent Labour Law reform, all documents and procedural formalities in a mass dismissal were only of relative importance, as the objective of a staff reduction was to reach an agreement with the
The third amendment to the Portuguese Labour Code, under the Memorandum of Understanding (MoU) with the Troika, is intended to lead to a new labour system that allows greater flexibility and growth. ... This content is
The unemployment rate in Portugal was around 15% in early September 2012, which means that by now there are more than 800,000 unemployed.... This content is for Basic - monthly, Basic - yearly, Pro - monthly, Pro -
In 1930, John Maynard Keynes said that, at the beginning of the 21st century, we would work around 15 to 21 hours per week and we would live on half of our actual income. Therefore, we would not
Portugal is seen as having one of the most rigid European legislations on labour and employment, something that is often used as an excuse for the country’s lack of competitiveness.Portugal’s bailout has
On February 10th, 2012, the Cabinet approved Royal Decree-Law nº 3/2012 regarding urgent measures to reform the Spanish labour market. In the short-term, the primary objective is to slow the pace of the job losses in Spain,
As we enter the annus horibilis of 2012, we are witnessing a significant effort by the Portuguese Government to try to overcome the crisis and to finally tackle Portugal’s Labour market, which is long due
The severe economic crisis, rising unemployment and the austerity measures resulting from the Memorandum signed between the Portuguese Government and the EC, IMF and ECB have placed great pressure upon labour legislation in Portugal. Both