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DECEMBER 5, 2023

Understanding the Colombian Labor Market: Having knowledge of the local labor market, employment laws, and common employment practices is essential. Compliance with labor regulations and demonstrating a commitment to fair employment practices will contribute to a positive employer reputation.

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MARCH 17, 2024

However, navigating the intricacies of Icelandic employment laws and customs can be daunting for those unfamiliar with the local landscape. Below are the key categories of holidays and leave policies in Iceland: Annual Leave: Annual leave, also known as vacation leave, is an essential aspect of Icelandic employment law.

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DECEMBER 8, 2023

Bonuses: Extra compensation provided at special times, like the 13th-month pay, which is mandatory in the Philippines. Statutory Deductions: Social Security System (SSS): Both employers and employees contribute to the SSS, which provides social insurance, including sickness, maternity, and retirement benefits.

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APRIL 5, 2024

However, the exact payment frequency can be determined by the employer, as long as it complies with labor laws. Bonuses and Benefits: Employers may offer bonuses and benefits to employees, such as performance bonuses, annual bonuses, or other incentives.

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DECEMBER 18, 2023

Bonuses: Year-end bonuses, known as “13th-month bonuses,” are customary in Thailand. These bonuses are often equivalent to one month’s salary and are typically paid in December. Performance-based bonuses are also common, linking employee performance to financial incentives.

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FEBRUARY 25, 2024

Flexible Working Arrangements: Some employers offer flexible working hours or remote work options to promote work-life balance and accommodate employees’ personal needs. Performance Bonuses and Incentives: Performance-based bonuses and incentives are common in Egypt, especially in industries like finance and sales.

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