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New Labour Code in Lithuania – What You Should Know
25/08/2017The new Labour Code (LC) came into force on 1 July 2017.
The purpose of the new LC is to update labor laws and principles as well as apply rules of labor law to changing market needs and create a more attractive investment environment.
We recommend you take the following actions:
Determine the average number of employees working in your company (the applicable rule will depend on this);
Collect all current regulations and documents governing employment relations in your company at this moment;
Check which employment relations you have with your employees (we can assist in considering any other alternatives set out in the new Labour Code that could better correspond to the current model of employment relations);
Review your standard employment contract;
Review other agreements with employees such as non-competition and confidential agreements, contracts of full material liability, if they have been concluded;
Adjust the current labor procedures, policies and rules as well as confirm additional necessary documents and initiate processes depending on the number of employees (e.g. election of labor council).
Here is a summary of the most important information from the New Labour Code. You can download it here: New Labour Code. What you should know?
By Primus LLP, Lithuania, a Transatlantic Law International affiliated firm.
For further information or for any assistance in any matters related to the amendments of new Labour Code, please contact Robert Juodka at lithuanialabor@transatlanticlaw.com
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