13 April, 2018
The Draft Amendment to the Labour Code is scheduled to pass through the National Assembly later this year and take effect from 1 January 2019.
It includes significant and much talked-about changes. In particular, the Draft Amendment includes proposals to
(i) increase the retirement age by five years for female employees (from 55 years old to 60 years old) and by two years for male employees (from 60 years old to 62 years old);
(ii) increase the number of public holidays from 10 days to 11 days a year;
(iii) increase the maximum number of overtime working hours to 400 hours per year; and
(iv) other more preferential treatment for enterprises with a higher number of female employees.
For further information, please contact:
Bill Magennis, Partner, Allens
bill.magennis@allens.com.au
Allens is an independent partnership operating in alliance with Linklaters LLP
