The growing global focus on anti-corruption and corporate misconduct, data privacy, business and supply chain ethics, as well as aggressive enforcement by regulatory authorities in the US, China and beyond, puts compliance at the top of many of our clients' agendas. Robust compliance programmes are more important now than ever to reduce employment legal risk.
Managing global employment legal compliance is a key priority for many in-house employment counsel and human resources teams within multinational businesses. The challenge becomes all the tougher for those overseeing multiple jurisdictions, and having to contend with myriad laws, regulatory requirements and distinct cultural approaches and preferences across both mature and developing markets.
While the challenge is clear, the solution is not always simple. In a globally integrated business, there can be pressure to develop a one-size-fits-all approach, which will not always translate locally.
We advise our multinational clients regularly on these issues, from the emerging multinational expanding into new markets for the first time, to the mature Fortune or FTSE 100 company reviewing its program in the wake of a FCPA (Foreign Corrupt Practices Act) investigation. We work with our clients to plan the best approach for their business and partner with them through implementation and beyond.