Your SlideShare is downloading. ×
Netherland Companies MUST Disclose Executive Pay to Works Councils
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×
Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

Netherland Companies MUST Disclose Executive Pay to Works Councils

36
views

Published on

The Cabinet of the Netherlands has approved Minister of Social Affairs and Employment?s proposal to publish management salaries of companies with more than 50.

The Cabinet of the Netherlands has approved Minister of Social Affairs and Employment?s proposal to publish management salaries of companies with more than 50.

Published in: Business

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
36
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
0
Comments
0
Likes
0
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide

Transcript

  • 1. Netherland Companies MUST Discloses Executive Pay to Works Councils (Bristol, UK) - The Cabinet of the Netherlands has approved Minister of Social Affairs and Employment’s proposal to publish management salaries of companies with more than 50 employees. Companies will be required to provide salary ratio of management to ordinary employees. This new law will bring in transparency and help to reduce the salary imbalance among some companies, reports Nair & Co., the leading provider of Global HR Services for companies expanding overseas. The government has observed that during the economic crisis, the salaries of some executives have increased aggressively as compared to ordinary employees. The required reporting is part of an effort to bring about balance by reducing excesses with the help of the work council. Nair & Co. advises companies operating in the Netherlands to review and make necessary plans as per the new requirements and procedures. For more information about doing business overseas or to learn more about our International HR Laws team please contact us. Subscribe to regular global tax compliance alerts from Nair & Co. Get the latest news releases and updates on international tax, HR, Finance, compliance and other legal news at Nair & Co. Industry Alerts. About Nair & Co. Nair & Co., the leader in international business expansion services, provides accounting, HR, legal, tax and compliance services for the set up and management of your international operations. Our model of a single-point-of-contact, supported by internal teams of experienced advisors, helps clients expand business and manage risk so they can focus on their core business and sustain growth with minimal risk,
  • 2. stress and cost. We support nearly 250 clients in over 70 countries. Nair & Co. is headquartered in Bristol, UK, has 450 employees and offices in China, India, Japan, Singapore, and the US. Learn more at www.nair-co.com Media Contacts: For media enquiries or to learn to more about Nair & Co., please email us at media@nair-co.com or call Yvonne Smith at +1.408.501.8867

×