Poland only in 15th place in Europe in terms of friendliness of employment and wage regulations
02:35
Malta has the friendliest employment and wage regulations in Europe and Chile in the world. The most difficult regulations in this respect in the world have Belgium. Our country is in the middle of the pack – both in relation to Europe and globally. Poland is far behind its western neighbors, but it is easier to employ and settle employees in Poland than in the Czech Republic and Slovakia. These are the conclusions of the latest report prepared by TMF Group, a global company providing business services to companies operating locally and internationally.
In the report, entitled HR & Payroll, TMF Group's experts compared the main HR and payroll systems faced by businesses in individual countries across 77 jurisdictions around the world. Such studies are considered by multinational companies when deciding to set up operations in a particular country, as they provide an estimate of the organizational costs associated with this area of business.
In Europe, the countries with the most business-friendly HR and payroll regulations are Malta (at the same time third in the world behind Chile and the USA), Jersey, the Netherlands, Denmark, and Portugal. Poland is far behind them. Our western neighbors – Austria and Germany – also turned out to be friendlier countries in terms of HR and payroll regulations.
The list of the world's worst in this respect is opened by Belgium with the most complicated and least business-friendly HR and payroll regulations. In terms of Europe, Belgium was followed by France, Serbia, Norway, and Croatia respectively.
“Poland's position in the middle of the European pile in terms of accessibility of HR and payroll regulations for business is not accidental. Our country meets the basic standards in this respect, but at the same time, it remains far behind the leaders – both European and global. The point of reference to the countries in Europe, in particular, is very important, as it determines the investment attractiveness of our country,” Jakub Erenyi, HR and Payroll Practice Leader at TMF Group in Poland, commented.
(WBJ)