Insights: Employment | Benefits | Mobility - Q3 2024 | Insights

Welcome to the latest edition of Insights, our regular publication highlighting key employment, benefits, and mobility developments.

In this edition, we examine Singapore’s forthcoming workplace fairness legislation and the implications for employers in a new era for equality. We also consider the unique HR challenges and opportunities presented by private equity investments in Germany.

We review important developments surrounding health and welfare plans in the United States, identifying key areas to monitor and action, and our Spotlight Q&A features our UK Pensions General Code Compliance Tracker, recently recognized by the Financial Times for “Innovation in Regulatory Solutions.”

We also examine the immigration challenges arising from mergers and acquisitions in the United States and consider how organizations can mitigate these challenges and minimize disruption to the business and impacted workforce.

Finally, in case you missed them, we also highlight key recent global employment, benefits and mobility updates.

We are delighted to share this edition of Insights with you and hope you find it helpful. If you have any questions, please contact any member of the global Employment & Benefits team.

A New Era of Equality: Singapore's Upcoming Workplace Fairness Legislation

Singapore will soon introduce comprehensive workplace fairness legislation, slated for passage in the second half of 2024. The legislation will expressly prohibit discrimination and cover all stages of employment from recruitment to termination.

Private Equity Investments in Germany - The Human Capital Aspect

German employment laws significantly influence corporate governance, and can affect private equity deal structures and timing, requiring careful consideration of various HR-related aspects to manage risks and optimize deal value.

Mergers & Acquisitions: When Two Companies Tie the Knot, Who's Responsible for the Visas?

When an organization undergoes major corporate change, there may be immigration consequences for both the organization and foreign workers. With careful planning, organizations can take steps to mitigate the immigration challenges and minimize disruption to the business and impacted workforce.

Spotlight Q&A: Facilitating Regulatory Compliance in an Evolving Landscape

Mayer Brown has been recognized by the Financial Times in its 2024 “Innovative Lawyers: Europe Report” in the Innovation in Regulatory Solutions category for the development of a client-focused regulatory compliance tracker for trustees of UK occupational pension schemes. Jay Doraisamy and Katherine Carter provide an overview of the General Code Compliance Tracker.

United States: Health and Welfare Hot Topics

In recent months, there have been a number of important developments in the United States relating to health and welfare plans. We identify the key areas for employers and plan sponsors to monitor and action over the coming months.