Date to be advised

Introduction

With a population of 1.3 billion, a labor force of over 800 million, and more than 5 million graduates from institutions of higher learning each year, China has the potential to dominate global business in the decades to come. The country currently has the world's second largest GDP in terms of purchasing power and received more than $80 billion in foreign direct investment in 2007 - five times the level in India during the same year.

With its rapid economic growth, China has experienced increased sophistication of human resources practices. New laws are being passed which regulate everything from hiring practices to minimum wage. Enforcement of labor laws by government officials and courts has also increased.

Among the most important people related matters for foreign invested enterprises (FIEs) in China are the legal requirements surrounding the issues from recruitment to termination. It is never an easy task for foreign businesses to understand their local Chinese employee, but companies wishing to avoid costly labor disputes and penalties in China must be particularly vigilant.

On January 1, 2008, a new Labor Contract Law came into effect in China, supplementing the 1995 Labor Law. This new piece of legislation is meant primarily to protect the interests of blue collar workers, but is technically applicable to all types of employees in China, whether Chinese citizens or foreigners.

This one day workshop is developed in a well-balanced approach which clarifies and shares the PRC employment law framework together with practical tips and techniques being deployed to handle New Labour Contract Law effectively. This includes addressing the practical aspects of managing a cross-cultural workforce, and provide with an accurate understanding of critical Chinese employment issues to consider when setting up and maintaining operations in China.