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Successful companies start with a strong office culture. However, some companies prioritize the wrong aspects of a thriving business environment or forget about it altogether.Thousands of business professionals have scrutinized what is reflected in company culture, but the root of the problem is often lost. Many companies try to introduce flashy incentives into the workplace, like office ping pong tables or Google bike meetings, to create a positive environment. While these services may seem good on the surface, they have not been proven to retain and engage employees.A successful company culture starts with a defined and specific mission. If employees…
Immigration Minister Otieno Kajiwane, who is also a member of the Orange Democratic Movement, supported press freedom at a press conference at Parliament House, adding that the media bill denies press freedom. My first ride to Nairobi was on the OTC bus from Subaland in Homa Bay. To be honest, when I left my village for the city, I had no idea where I was going in Nairobi. I took the bus because I wanted to meet my uncle who was living in Nairobi at the time. That's what brought me to this city because I really wanted to see…
Steve Marcus Deputy Court Administrator LaDianna Gamble stands at the self-help center that is scheduled to open next week at the Regional Justice Center. by Jeff German Monday, November 30, 2009 | 2:00 AM The opening of a civil law self-help centre at the county courthouse next month comes at a time of economic downturn and could not come at a better time. The center, scheduled to open Dec. 7 on the heavily used first floor of the Regional Justice Center, was established to guide people seeking to represent themselves through the court system. And judging by the situation, the…
The European Working Time Directive was introduced into UK law under the Working Time Regulations 1998. One of the most widely publicized provisions is the limit on average working hours for workers. Currently, most workers are not allowed to work more than 48 hours per week unless they explicitly opt out of this regulation. There are several exceptions to this rule, one of which applies to junior doctors whose maximum average working hours are 56 hours per week. From Saturday 1 August 2009, this limit will change to bring junior doctors on par with other workers. However, the current swine…
The European Working Time Directive was introduced into UK law through the Working Time Regulations 1998. One of its most widely reported provisions is the limit on a worker's average working hours. Most workers are now not allowed to work more than 48 hours a week, unless they explicitly opt out of this regulation. There are some exceptions to this rule, one of which applies to junior doctors whose average working hours are more than 56 hours a week. From Saturday 1 August 2009, this limit will change so that junior doctors are on the same level as other workers.…
HSBC Malta CEO Alan Richards told the HSBC Premier Breakfast that while global financial conditions are gradually stabilizing, the road to recovery remains long and winding. The conference was one of a regular series organized by HSBC Premier for its customers in Malta. Guest speaker Winston Zahra Jr. (Director of Island Hotels Group) discussed finance from a tourism perspective, translating it into a European context. Zahra said that between January and April, Malta, like many other destinations around the world, experienced a decline in tourist arrivals, overnight stays and tourism spending, mainly due to economic uncertainty. He said it is…
The European Parliament has voted to force the UK to opt out of the EU's controversial working week limits, resolving longstanding disputes between member states over the maximum amount of time Europeans can safely spend at work. It was a blow to the agreement.A majority of MEPs agreed that the current provisions, mainly applied by the UK and some new Member States, should be abolished three years after the Directive's adoption. In Wednesday's vote (December 17), 421 MPs voted in favor, while 273 MPs opposed and 11 abstained. In addition, lawmakers ruled that the current health and safety standards of…
Those considering whether to set up a new company in Slovakia need not worry. In view of the scheduled introduction of the euro from January 1, 2009, the conditions for establishing a company in Slovakia have become slightly easier to meet. For those who have already established a company in Slovakia, the second half of this article regarding the registered capital of the company and the obligation to convert shares into euros may be of interest.font size:a-|a+ Comments are disabled Those considering whether to set up a new company in Slovakia need not worry. In view of the scheduled introduction…
Speech by Lorenzo Bini Smaghi, Member of the ECB Executive Board, on “Legal Issues Related to Financial Markets”, Opening Remarks at the Conference, Frankfurt am Main, 26 October 2007 ladies and gentlemen [1]: We are very pleased to be organizing this conference on a topic that is of fundamental importance and, as I will explain later, even more interesting these days in view of the market turmoil. 1. Legal system and economic growth The economics literature has emphasized that institutions in general and legal systems in particular are fundamental determinants of economic growth, particularly in relation to financial development. [2]…
NAIROBI – In a slum on the outskirts of Kenya's capital, rain lashes down on a corrugated tin roof as a fishmonger guts a bucket of fish near an open, fly-infested sewer, preparing for the dinner rush. “Instead of growing, my business has shrunk. We are getting poorer,” laments Knight Juma, 45, despite the unprecedented growth of the Kenyan economy in recent years. Kenya last week unveiled its biggest budget ever, following a 6.1 percent economic growth in 2006, but many Kenyans say poverty is growing, slums are expanding and life is becoming harder by the day. “I don't see…
