Event

Join us for the third webinar of the APAC workforce restructuring series, in this session we will provide practical guidance on how to manage restructurings effectively across China, Hong Kong, Japan, South Korea. We will explore essential strategies, procedures, and legal requirements for redundancies, including cost considerations such as mandatory payments and common ex-gratia practices.

The discussion will also cover key developments impacting employers, as well as best practices and common pitfalls to avoid when implementing workforce change.

Agenda:

• Key strategies, procedures, and requirements for redundancies. 
• The cost of redundancies, including mandatory payments and customary or necessary ex-gratia payments, and covering the impact of the MPF-offset abolition in Hong Kong. 
• Union engagement requirements, including the impact of Korea’s new Yellow Envelope Act. 
• Best practices and common pitfalls that can derail restructuring.