Issue 2 – 15 November 2001
HR Services Newsletter : second edition
Our Newsletter offers information on the latest developments in the area of Human Resources in Belgium. Each issue is filled with articles on news, changes and proposals in the HR environment. All articles are written by our in-house experts.
We look forward to receiving any reactions, suggestions or remarks from you regarding the Newsletter. We hope that you find it a valuable initiative.
Content
- Editorial – Eric Cauwels, Partner
The balance between work and private life: a delicate exercise. - Stock-Related Compensation Programmes: Certain Aspects Highlighted Luc Legon, Pascal Borgoens, Personal Tax
Anglo-American companies have been implementing stock-related compensation tools for years, whereas it is only more recently that such reward programmes have tended to develop in continental Europe. Additionally, recent legal initiatives have been taken to support this development, notably in France, Italy and Belgium, each offering varying degrees of benefit. Friendly tax treatment of stock-related compensation is a “must” in countries where regular employment income is heavily taxed, which is the case in most continental European countries. Indeed, if the main objective underlying stock-related compensation programmes is to increase the company’s competitiveness by aligning employee and shareholder interests, it sounds reasonable to align the tax treatment of stock-related compensation income with that applying to shareholder income as much as possible - Grasping the Full Potential of B2E – Geert Vercaeren, MCS Human Capital Solutionsl
These days, companies are experimenting with the Internet and using it to change the way they do business with their customers and suppliers. ‘Business to Employee’, B2E is the strategy for using internet technology inside a company to gain significant competitive advantage. But do companies today grasp the full potential of B2E? - New Laws to Encourage a Better Balance between Work and Leisure? – Frank Ruelens, Isabelle Sonneville and Kirsten Carlierx, Landwell
More than ever, the difficulty of keeping a healthy balance between the demands of one’s job and one’s quality of life is a major concern for many in the labour market. How does one combine both long working hours and the need to be available at all times professionally as required by the 24-hour economy with the need for quality of home and community life? - Reshaping the Supplementary Pensions Landscape – Further Evolution – Martine Vanmackelbergh, ABC Services
In our previous issue, we presented an overview of the main provisions that are included in the Supplementary Pensions Bill. In the meantime, the bill has undergone a number of amendments that are not entirely irrelevant to further analysis of this matter. We would recall that the bill applies to employees only. However, the wording of the bill also leaves the way open for secondary legislation dealing with self-employed key-men. We discuss the most important amendments to the bill, as matters now stand. - HR Scan: Don’t Miss the Opportunity
The legal, fiscal, social security and labour law aspects within the HR policy of a company are usually a complex matter. The main concern that often arises is how these parameters are dealt with most efficiently and with the best cost savings without overlooking the intended objectives.
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Posted: November 15th, 2001Tags: B2E, HR environment, HR policy, HR Services, Human Resources, pensions, private life, stock-related compensation
Issue 1 – HR Services Newsletter
The fist edition of the HR Services Newsletter is now available.
Our Newsletter offers information on the latest developments in the area of Human Resources in Belgium. Each issue is filled with articles on news, changes and proposals in the HR environment. All articles are written by our in-house experts.
We look forward to receiving any reactions, suggestions or remarks from you regarding the Newsletter. We hope that you find it a valuable initiative.
Content :
- Editorial – Eric Cauwels, Partner
- Reshaping the Supplementary Pensions Landscape – Gijs Celis, ABC Services
Minister for Pensions, Frank Vandenbroucke, wants to create a new landscape for supplementary pensions by next year. For that purpose, the government has submitted a bill on pension schemes to the Legislative Council. Parliament is expected to pass the bill before the end of the year. The implementing orders may follow quickly - Self-employed Persons v. Employees: Are We Soon To See More Equivalence in Social Security Benefits? – Franck Ruelens & Stefan Nerinckx, Landwell
With regard to the equivalence aimed at between the social security benefits of self-employed persons and employees, the new government has already made a good deal of progress. The report on areas in which consensus is hard to attain, prepared under the direction of Bea Cantillon, was received positively by the responsible ministers; to put it in their words: “It provides us with the architecture of the house in which employees and self-employed will live together and share a number of rooms; the interior architecture and the costs are still up for discussion.” - Company Managers: the End of the ‘Attraction’ Principle? – Pascal Borgoens, Personal Tax
Belgium’s constitutional court (the so-called ‘Arbitration Court’) has partly nullified the principle of ‘attraction’: who does the principle still apply to now?
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The PDF newsletter is available for download.
Adobe® Acrobat® Reader™ is needed to view the newsletter, If you don’t have it yet, please download it for free !
Posted: September 15th, 2001Tags: company managers, HR environment, HR Services, Human Resources, pensions, social security
