Global companies deal with laws and regulations not only for the local company b

Question

Global companies deal with laws and regulations not only for the local company but they need to be aware of International and Country specific regulations. You company is planning on changing a policy and wants to ensure that it meets the requirements of all nations it has employees. The management team has asked you if they are impacted by international issues surrounding privacy.

Describe Safe Harbor and how it dictates how an organization must establish policies and procedures.

Discuss Country Work Councils and the role they play.

Describe how your company needs to address these topics.

Explanation / Answer

Safe Harbor is the name of an agreement between the United States Department of Commerce and the European Union that regulated the way that United States companies could export and handle the personal data of European citizens.Safe Harbor goal was to pprovide a single set of data protection requirement for transferring data acress the countries who join the Safe Harbor. Safe harbor can also refer to an accounting method that avoids legal or tax regulations or one that allows for a simpler method of determining a tax consequence than the methods described by the precise language of the tax code.

Countires work councils provide representation for employees at the workplace and they have substantial power.Works councils exist with different names in a variety of related forms in a number of European countries. In the United States the National Labor Relations Board has held that works councils must be elected and without interference by the employees in order to be lawful. The simplest method is that the recognized labor union organizes the elections for works councils.Works council members are elected by the company workforce for a four-year term. They don't have to be union members; works councils can also be formed in companies where neither the employer nor the employees are organized.

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