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Amendments to Employment Contracts Act enter into force on 1 August
Legal Amendments to Employment Contracts Act enter into force on 1 August
The European Union directive on transparent and predictable working conditions has been transposed into national law. The corresponding amendments come into force on 1 August 2022, but it would be a good idea for employers to start preparing for this date already.
Kristel Tiits
Merli Kesküla
| 9 min read | 20 May 2022
The ABCs of hiring a new employee
Labor law The ABCs of hiring a new employee
Employers have to deal with three important aspects that lead to an employment relationship between employer and employee: job interview, pre-contractual negotiations and background checks (the last of these, of course, with employee consent).
Uljana Feldman
Uljana Feldman
| 6 min read | 14 Feb 2022
Grant Thornton Baltic saade Kasvukursil Äripäeva raadios
Transaction advisory The experience of a businessman who sold his life’s work: how to get top dollar from the Chinese
A businessman who started a company in Estonia even before the country had regained independence, Kevin Probert-Ehaver, recently sold his life’s work – the three Baltic companies in BK Group – to a major Chinese corporation, Hikvision. The transaction proved more complicated than planned, but in the end he managed to negotiate a price that was triple what was originally offered.
Kristjan Järve
Kristjan Järve
| 5 min read | 10 Feb 2022
We advised German company RAUMEDIC
Case study We advised German company RAUMEDIC
Grant Thornton Baltic OÜ advised German company RAUMEDIC AG on the acquisition of aktsiaselts A&G. RAUMEDIC AG is a leading developer and manufacturer of systems and components and a partner to medical and pharmaceutical industries. Core business of aktsiaselts A&G is production of medical supplies.
2 min read | 13 Jan 2022
We advised international insurance broker Howden on entering the Estonian market
Case study We advised international insurance broker Howden on entering the Estonian market
Grant Thornton Baltic advised Howden Finland Oy, the market leader in Finland and part of the international group Howden Broking, on the acquisition.
2 min read | 20 Dec 2021
Child leave system to change next year
Labor Law Child leave system to change next year
Effective 1 April 2022, when the system for taking child leave will change in the Employment Contracts Act, all parents of children under 14 years of age will be entitled to 10 working days of paid child leave per child under 14.
Kristel Tiits
Kristel Tiits
| 6 min read | 29 Nov 2021
Deadline for workplace risk assessments is approaching
Legal Deadline for workplace risk assessments is approaching
Under the Occupational Health and Safety Act, employers must compile a risk assessment of the working environment. It is mandatory for employers who have at least one employee (security institutions excluded).
Kristel Tiits
Kristel Tiits
| 2 min read | 18 Aug 2021
What possibilities do employers have to stay afloat in a crisis?
Labor law What possibilities do employers have to stay afloat in a crisis?
The coronavirus restrictions have put many employers in a very difficult situation. When turnover is down, it’s time to analyse what would lead the company through the difficult times – applying for a new salary compensation from the government, temporary pay cuts, leave or layoffs.
Kristel Tiits
Kristel Tiits
| 4 min read | 09 Apr 2021
Home offices have been the biggest game-changer in employment relationships
Labor law Home offices have been the biggest game-changer in employment relationships
The coronavirus crisis, which started a little more than a year ago, changed quite a few things in employment relationships. One of the most important changes has been the widespread use of working from home offices. Provided that the nature of the job had some degree of compatibility with the format, employees were allowed to work remotely by companies and organisations where this had not previously been the practice.
Kristel Tiits
Kristel Tiits
| 3 min read | 09 Apr 2021
Grant Thornton Baltic saade Kasvukursil Äripäeva raadios
Remote working Remote working leads the concept of employment injury to absurd
The employer has an obligation to ensure the safety of its employee, but in the conditions of a home office, a legal requirement may become absurd, it was stated on Äripäev raadio’s ,,Kasvukursil’’.
25 Nov 2020
Grant Thornton Baltic saade Kasvukursil Äripäeva raadios
E-commerce The ever-saturating sphere of e-commerce: how to stay alive and prosper?
The spread of the coronavirus has brought a leap in the adoption and utilisation of e-commerce, but when moving your business online, it is necessary to first consider taxes, marketing and the choice of business model.
25 Nov 2020
Unemployed people can temporarily work, and their benefits increase
Labor law Unemployed people can temporarily work, and their benefits increase
Amendments to the Labour Market Services and Benefits Act (hereinafter LMSBA) and the Unemployment Insurance Act create the possibility of temporary employment, in other words, accepting temporary job offers during registered unemployment, plus unemployment allowance and unemployment insurance benefit increase. Grant Thornton Baltic's legal manager Kristel Tiits and legal adviser Lee Laanemäe explain the details in their article.
14 Aug 2020
A five-year leap in two months: remote work as a new norm
Remote work A five-year leap in two months: remote work as a new norm
Remote work due to the coronavirus in companies is becoming a new positive trend, which is difficult to reverse, but both companies and employees will benefit from adapting to it, according to Äripäev’s radio program “Kasvukursil”. Grant Thornton Baltic's HR manager Marge Litvinova, IT-manager Arko Kurg and Partner of digital services Vladimir Rüntü discuss the plusses and minuses and possibilites and threats of working in different places such as the office, home offive or office abroad.
07 Jul 2020
Collecting debts during the crisis
Legal Collecting debts during the crisis
Businesses in various sectors do not have a positive outlook for their turnover forecasts due to the corona crisis. As a result, they may have an extra incentive to take the uncomfortable journey and start collecting bad debt. It may often seem that the only effective way to satisfy claims is to take legal action, but before filing a statement of claim you should consider other and less costly options. Grant Thornton Baltic's legal adviser Edward Otsa opens the subject further.
29 Jun 2020
Prosecuting offenders will be easier and the penalties will be bigger in the future
Administrative fine Prosecuting offenders will be easier and the penalties will be bigger in the future
A new concept in Estonian legal system, administrative fine, was sent to coordination round to the relevant ministries by the Ministry of Justice. The new fine would enable a more effective response to violations of financial services, competition and data protection regulation in the future. Grant Thornton Baltic data protection officer Maili Torma and legal adviser Lee Laanemäe write about the potential changes awaiting us in the near future.
19 Jun 2020
New paternity leave system comes into effect from 1 July
Paternity leave New paternity leave system comes into effect from 1 July
The state is changing the parental leave and benefits system once again and starting from the 1st of July 2020, the paternity leave will increase from 10 to 30 calendar days. Grant Thornton Baltic legal adviser Edward Otsa is opening the subject further.
20 May 2020
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