Labor Laws and Human Resource Practices

Fachbuch aus dem Jahr 2012 im Fachbereich BWL - Personal und Organisation, , Sprache: Deutsch, Abstract: The researching of labor laws and human resources practices of Germany, Spain, Czech Republic, and Hungary is crucial to any company looking to successfully and profitably expand into these European nations. Each nation provides a different business climate, some more favorable than others. By analyzing labor law, labor unions, benefits packages, and taxes associated with labor, recommendations to ease cross-border differences of nations that hold strategic importance to Fastenal can be made. These recommendations include, creating labor contracts, creating positive relationships with labor unions, engage in alternative dispute resolution, and paying competitive wages. By following these recommendations Fastenal can potentially be more successful and competitive in the European market.