Terminating employment is never something to be taken lightly, but doing so in a country south of the border can bring its own unique headaches.
In this Nearshore Americas article, we outlined four main things to be aware of when laying off staff in Latin America.
Number one, check the contract and statute: LatAm employment law is generally contract based and should be studied at length. Second, be aware that mass layoffs are a different animal and must comply with local regulations. Thirdly, notice and severance pay is commonly required, by law. And finally, ensure the terms are clearly defined before employment begins.
To read the full article, click here.