Welcome to the Global Workforce Podcast, your go-to resource for managing remote teams. In each episode, host George Britton sits down with industry experts (from legal, IPO, M&A, GSI, PE and many more), to discuss and discover actionable insights to solve the challenges global workforces face.
If you’re looking to optimise your business growth and freedom, and create work experiences that see your employees and their skills thrive — anywhere and everywhere — this is the show for you!
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The changing face of UAE employment laws with Emily Aryeetey of Stephenson Harwood LLP
Saison 1 · Épisode 15
mercredi 22 janvier 2025 • Durée 47:19
Navigating the complexities and fluctuations of employment law in the UAE can be daunting for businesses entering the region. In this episode, Emily Aryeetey, Partner at Stephenson Harwood LLP, introduces the unique legal frameworks and cultural dynamics shaping the UAE's employment landscape. She explains how the UAE is divided into different zones, each with its own labour laws, courts and policies. She also talks about some of the most recent shifts in labour policies. Emily provides practical advice for both employers and employees looking to work in this region.
Key Takeaways:
(03:33) The UAE has distinct employment rules for mainland and free zones, such as DIFC and ADGM.
(04:31) Visa processes are integral to recruitment and onboarding in the UAE.
(05:33) Emiratisation mandates private sector companies to hire UAE nationals.
(09:47) The UAE’s focus on free zones offers businesses operational flexibility.
(13:49) Cross-border employment creates compliance challenges with dual jurisdictions.
(19:48) End-of-service gratuity schemes differ between DIFC and mainland UAE.
(26:29) Changes to UAE labour law provide employers with more flexibility in terminations.
(35:10) Practical advice for HR professionals moving to the region.
(44:18) Partnering with local experts ensures compliance and smooth business operations.
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Hiring in Spain: The essential guide for global employers with Juan Bonilla of Cuatrecasas
Saison 1 · Épisode 14
mercredi 11 décembre 2024 • Durée 48:33
In this episode, Juan Bonilla, Partner, Attorney at Law at Cuatrecasas, explains the nuances of Spanish labour law and compliance essentials for international employers. He offers practical guidance for businesses operating or expanding in Spain regarding terminations, collective agreements and employer of record services. From severance costs to employee representation and the impact of post-termination covenants, Juan outlines critical considerations that can support a company’s smooth entry into the Spanish market.
Key Takeaways:
(02:22) Spain’s appeal for shared service centers and remote work.
(03:16) Employee cost and quality of life balance in Spain.
(07:03) Termination in Spain requires severance pay.
(10:24) The concept of discretionary bonuses in Spain.
(15:45) The advantages and disadvantages of independent contractors in Spain.
(25:50) Compulsory collective agreements provide basic protections.
(33:39) South America is a key investment region for Spanish companies.
(39:21) Automatic transfer of employment when a business is acquired by another company.
(00:43:58) Importance of tracking employee locations for compliance.
Resources Mentioned:
An expert’s guide to international IPO and M&A regulations with Michael J. Blankenship of Winston & Strawn
Saison 1 · Épisode 13
mardi 26 novembre 2024 • Durée 31:49
Michael J. Blankenship, Office Managing Partner and Co-Chair of the Capital Markets Group at Winston & Strawn LLP, discusses essential regulatory considerations and strategies for navigating international IPOs and M&A transactions. With extensive experience across the energy, healthcare and technology sectors, Michael covers the intricacies of regulatory environments in different countries, the impact of fluctuations in the tech sector and how the US elections may shape the IPO landscape.
Navigating global talent shortages with James Bricknell of Bradford Jacobs
Saison 1 · Épisode 12
vendredi 15 novembre 2024 • Durée 41:40
In this episode, James Bricknell, Head of Consulting - Expansion and Client Development of Bradford Jacobs, examines the primary considerations for successful international expansion. Companies need precise data on skills availability, talent costs, language and cultural differences and local laws to ensure affordable and effective hiring. He explores how varying local costs, taxes and contributions can blow up budgets. James also expands on the challenges of retaining international talent and emphasises the need to consider cultural and linguistic nuances.
Key Takeaways:
(01:50) Core drivers for international growth are cost, skills and market entry.
(03:13) Seventy per cent of employees prefer remote or hybrid work.
(05:06) Understanding local costs for a successful international expansion.
(08:38) Cultural diversity influences international decisions.
(17:20) US firms face high costs for tech talent domestically.
(26:06) Local legislation varies greatly and must be understood.
(30:57) Local partners provide essential cultural insight.
(34:39) Market expansion should be data-driven and strategic.
(39:10) Understanding employer contributions in local markets to budget correctly.
Resources Mentioned:
How to navigate your company to IPO with Michael Jacobs and Dylan Doran Kennett of Herbert Smith Freehills
Saison 1 · Épisode 11
jeudi 31 octobre 2024 • Durée 01:02:49
Understanding capital markets and listing reforms is essential for businesses aiming for growth. In this episode, Michael Jacobs, Partner at Herbert Smith Freehills, and Dylan Doran Kennett, Venture and Growth Capital specialist, and partner at the same company, share their expertise on IPOs, M&A transactions and the impact of UK listing reforms. They discuss the contradictions between fast growth and compliance and the benefits of upholding and creating a unified work culture during IPOs and mergers.
Key Takeaways:
(03:00) The impact of UK reforms on capital markets.
(05:22) Reforms have eliminated eligibility requirements for IPOs.
(08:43) UK pension funds have massively de-equitised.
(14:01) Dual-class share structures and their benefits for founders.
(15:00) Examples of financial systems designed to channel money.
(21:06) The role of dual-track IPOs in giving companies flexibility.
(28:15) M&A as a growth strategy for IPO candidates.
(35:30) Balancing aggressive growth and structural compliance in IPO preparation.
(45:39) The challenges of IPO due diligence and preparation.
(53:22) Understanding the difference between listing in London and the US.
Resources Mentioned:
Navigating UK employment law with Nicola Ihnatowicz of Trowers & Hamlins
Saison 1 · Épisode 10
lundi 21 octobre 2024 • Durée 29:47
Disclaimer : This episode was recorded soon after the recent UK general election so some references to UK employment legislation may now be slightly out of date.
In the age of globalised investments and workforces, creating a unified company culture and following each country’s regulations can be challenging.
In this episode, Nicola Ihnatowicz, Employment Law Partner at Trowers & Hamlins, discusses the evolution of UK employment law and its implications for global businesses. She explores the complexities of mergers and acquisitions, especially with TUPE regulations, and how businesses can effectively harmonise global workforces. Nicola emphasises the importance of building sustainable workforces that cater to generational shifts and evolving employee expectations.
Key Takeaways:
(02:17) The UK is a strategic access point for global businesses.
(04:28) Unfair dismissal becomes a day-one right in new reforms.
(05:29) Understanding the regulatory landscape when hiring in the UK is a must.
(06:43) Critical questions global businesses hiring in the UK should ask.
(10:48) A sustainable workforce means well-being and a talent pipeline.
(11:27) Four generations in the workforce bring different expectations.
(14:15) Global companies must align values and expectations across locations.
(17:03) Legal obligations vary based on how staff are engaged.
(19:21) TUPE surprises non-UK buyers with restrictions on restructuring.
Scaling beyond borders: How tomorrow’s entrepreneurs can build truly global companies with Aaron McDaniel and Klaus Børme Wehage of Global Class
Saison 1 · Épisode 9
mardi 24 septembre 2024 • Durée 01:06:08
In an era where businesses are increasingly crossing borders, understanding how to successfully scale globally is essential. In this episode, Aaron McDaniel and Klaus Børme Wehage, both Founding Partners of Global Class, share their insights on global expansion, local adaptation and the importance of mindset in international growth.
Key Takeaways:
(04:22) Assumptions about what works at home may not apply internationally.
(05:11) Cultural mindset and navigating bureaucracy are crucial.
The transatlantic playbook: What US businesses expanding into Europe need to know with David Bates of Taylor Wessing
Saison 1 · Épisode 8
mercredi 4 septembre 2024 • Durée 35:46
In an era where businesses are increasingly crossing borders, understanding the intricacies of international law and market dynamics is crucial. In this episode, David Bates, Partner at Taylor Wessing, discusses the complexities of expanding into the European market, highlighting key differences in regulations and cultural norms.
Key Takeaways:
(02:17) The European M&A market shows signs of recovery.
(05:36) European employee protections are generally stronger than in the US.
(07:48) Hiring processes in Europe are typically slower than in the US.
(10:00) The EU is advancing digital regulations more comprehensively than the US.
(11:00) GDPR sets a global standard for privacy, influencing global legislation.
(12:18) Europe is not a homogenous market; each country has unique systems.
(14:30) France's "right to switch off" mandates an eleven-hour work break.
(15:49) Cultural differences significantly affect business operations in Europe.
(22:00) Understanding local market differences is crucial for success in Europe.
Resources Mentioned:
David Bates - https://www.linkedin.com/in/dbates2/
- https://www.taylorwessing.com
Cross-border M&A trends with Ali Ramadan of Goodwin
Saison 1 · Épisode 7
mercredi 21 août 2024 • Durée 27:13
Understanding the current landscape of mergers and acquisitions is essential for navigating today's business world. In this episode, Ali Ramadan, Technology & Life Sciences Partner at Goodwin, explores the evolving trends and regulatory challenges impacting M&A activities.
Key Takeaways:
(01:48) 2023 saw buyer caution due to economic uncertainty, with a slow start in 2024.
(02:09) Global M&A deal value in early 2024 reached $1.3 trillion, up 5% from 2023.
(02:45) Mega deals are on the rise, particularly in the technology and energy sectors.
(04:00) Regulatory scrutiny is increasing, causing longer deal closures.
(05:07) Challenging funding environments make tech companies attractive M&A targets.
(07:21) Governments are tightening merger control and investment regulations.
(10:21) Emerging markets like Asia, LATAM and Africa show significant growth potential.
(12:18) ESG compliance is becoming a critical factor in investment and M&A decisions.
(19:29) Dual-track processes in IPO and M&A are more frequent due to market uncertainties.
Resources Mentioned:
Ali Ramadan - https://www.linkedin.com/in/aramadan/
How to stay compliant when you’re employing in Italy with Carlo Majer of Littler Italia
Saison 1 · Épisode 6
lundi 12 août 2024 • Durée 25:40
As businesses cross borders, mastering international employment law is key. Carlo Majer, Partner at Littler Italia, discusses the opportunities and challenges of hiring in Italy.
Key Takeaways:
(02:12) Italy's employment framework is characterized by comprehensive and well-regulated labour laws.
(03:00) Understanding the specificities of the Italian labour market is crucial for businesses.
(04:00) Italy's strategic benefits and supportive investment climate offer substantial potential for business expansion.
(08:47) Failure to comply with Italian labour laws can result in significant financial penalties and reputational risks.
(09:00) Persistent non-compliance can attract increased scrutiny from regulatory authorities.
(10:00) Effective management of employment practices is essential to mitigating risks.
(11:30) The spread of EOR (employer of record) solutions has significantly increased in recent times.
(13:00) Particular attention must be paid to avoid illegal labour intermediation in Italy.
(19:00) Only licenced agencies are legally permitted to provide labour-leasing services in Italy.
Resources Mentioned:
Carlo Majer - https://www.linkedin.com/in/carlo-majer-261320/
- https://www.linkedin.com/company/littler-italy/
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Thanks for listening to the “Global Workforce Podcast”. If you enjoyed this episode, please leave a 5-star review. And be sure to subscribe so you never miss any insightful conversations.
Thanks for listening to the “Global Workforce Podcast”. If you enjoyed this episode, please leave a 5-star review. And be sure to subscribe so you never miss any insightful conversations.
Thanks for listening to the “Global Workforce Podcast”. If you enjoyed this episode, please leave a 5-star review. And be sure to subscribe so you never miss any insightful conversations.
Thanks for listening to the Global Workforce Podcast. If you enjoyed this episode, please leave a 5-star review. And be sure to subscribe so you never miss any insightful conversations.
Thanks for listening to the “Global Workforce Podcast”. If you enjoyed this episode, please leave a 5-star review. And be sure to subscribe so you never miss any insightful conversations.
Thanks for listening to the Global Workforce Podcast. If you enjoyed this episode, please leave a 5-star review. And be sure to subscribe so you never miss any insightful conversations.
Digital Markets Act - https://commission.europa.eu/strategy-and-policy/priorities-2019-2024/europe-fit-digital-age/digital-markets-act-ensuring-fair-and-open-digital-markets_en
Digital Services Act - https://commission.europa.eu/strategy-and-policy/priorities-2019-2024/europe-fit-digital-age/digital-services-act_en
AI Regulation Updates - https://digital-strategy.ec.europa.eu/en/policies/european-approach-artificial-intelligence
Thanks for listening to the Global Workforce Podcast. If you enjoyed this episode, please leave a 5-star review. And be sure to subscribe so you never miss any insightful conversations.
Thanks for listening to the Global Workforce Podcast. If you enjoyed this episode, please leave a 5-star review. And be sure to subscribe so you never miss any insightful conversations.
Thanks for listening to the Global Workforce Podcast. If you enjoyed this episode, please leave a 5-star review. And be sure to subscribe so you never miss any insightful conversations.