Global Legislative Update - October 2022
The Global Legislative Update for October 2022 provides insights from Mercer consultants around the globe about key legal developments affecting employers’ benefit and human resource programs in various countries. Download the 65-page print-friendly PDF to read the full issue. Here are some highlights of the latest coverage:
Global
- COVID-19 roundup: Global employer resources
- Minimum wage roundup: Global employer resources
- Remote-working roundup: Global employer resources
- Reproductive rights roundup: Global employer resources
- Monkeypox roundup: Global employer resources
Americas
- Argentina: Monthly minimum wage rate increased
- Bermuda: Minimum wage rate to be implemented
- Brazil: Health plans must cover prescribed treatments not on health agency list
- Canada: Regulator sets basic rate for pension plan assessments
- El Salvador: Large employers will be required to provide day care facilities
- Guyana: Minimum wage increased
- United States: More salary disclosure, pay data reporting imposed in California
AsiaPac
- Australia: Financial advice reforms proposed
- Cambodia: Pension contributions begin
- China: Tax concessions offered for private pensions
- Japan: Minimum wage rates announced
- Malaysia: Effective date of Employment Amendment Act 2022 postponed
- Philippines: Rules on teleworking arrangements issued
- Singapore: Medical coverage of permit applicants enhanced
- South Korea: National health insurance rate to increase for 2023
- Taiwan: Minimum wage to increase
- Thailand: Minimum wage rates increased
EMEA
- European Union: Directive on promoting statutory minimum wages finalized
- Albania: Minimum wage increased
- Austria: Employers can pay tax-free cost-of-living bonus
- Cyprus: 2023 minimum wage announced
- Germany: Minimum wage increased
- Ireland: Statutory paid sick leave enacted
- Italy: Benefit coverage for executives in commercial sector expanded
- Morocco: Minimum wage increased
- Netherlands: 30% tax rule for expatriate employees to change
- Poland: Minimum wage to increase twice in 2023
- Serbia: 2023 minimum hourly wage published
- Slovakia: Minimum wage to increase in 2023
- Spain: Equality legislation expanded
- Sweden: ITP occupational pension rules adjusted
- Switzerland: First pillar pension scheme reforms approved
- Ukraine: Minimum wage increased
- United Kingdom: Draft pension funding regulations proposed
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