Gall is co-hosting a webinar on Friday 11th December with Indian law Firm Economic Laws Practice (ELP) exploring key considerations for Indian corporates looking to litigate and arbitrate in Hong Kong.
In light of COVID-19, many employers have been considering ways to reduce their overhead costs. Employees’ wages often account for a large share of the employer’s expenses, consequently, employees are increasingly being asked to vary their employment terms by agreeing to take no pay leave and/or a reduction to their wages. Often these requests are premised as an alternative to redundancy. This article examines the rights of both employers and employees in a relation to a variation of the employment contract.