Businessweek Archives

Hungary


International Outlook: Global Wrapup

HUNGARY

Anew labor law could throw a scare into foreign investors. Modeled closely on Germanys code, Hungarys version gives a lot of clout to workers councils and unions. It also guarantees workers more leisure time than many of their American and Japanese counterpartsa minimum of four weeks vacation with five weeks for workers over 45. The law does include one plus for employers: It makes firing workers easier.Edited by Stanley Reed


Race, Class, and the Future of Ferguson
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus