Global Legislative Update - May 2021
The Global Legislative Update for May 2021 provides insights from Mercer consultants around the globe about key legal developments affecting employers’ benefit and human resource programs in various countries. Download the 47-page print-friendly PDF to read the full issue. Here are some highlights of the latest coverage:
Global
- COVID-19 roundup: Countries address workplace issues resulting from the COVID-19 pandemic (updated)
- Remote working roundup: Employer resources on rights/trends (updated)
Americas
- Canada: Federal budget includes employment provisions
- Chile: Requirements provided for teleworking arrangements
- Mexico: Employers use of outsourced labor restricted
- United States: Cybersecurity guidance for retirement plans issued
AsiaPac
- Australia: Government agrees on measures for workplace sexual harassment reforms
- Hong Kong: Consultation issued on corporate governance changes, diversity and ESG
- India: Maximum coverage increased for health insurance
- Indonesia: Regulations issued to implement labor reforms
- Japan: Listed companies face more ESG, diversity disclosures
- Malaysia: More sectors to pay the Human Resources Development Levy
- South Korea: ERSA pension reforms enacted
- Taiwan: Sanctions expanded for some labor law violations
EMEA
- European Union: Commission outlines sustainability measures
- Germany: Maximum life insurance and ‛Pensionsfonds’ interest rates reduced
- Ireland: Implementation regulations issued for IORP II
- Luxembourg: Financial regulatory authority issues telework guidance
- Slovakia: Paid paternity leave applications simplified
- United Kingdom: National minimum wage record retention doubled
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