Blog.Payroll First details regarding short-time-work period V
After the short-time-work phase IV will expire within the end of June, the government together with the social partners recently announced the first bullet
Global business pulse Mid-market recovery spreads to more industries
Eight of the 13 monitored mid-market industries returned to positive health in H1 2021, as assessed by Grant Thornton’s unique Global business pulse, compared
DIVERSITY AND INCLUSION Inclusively leading through change
In the post-pandemic landscape, a new model of leadership will be needed to enable organisations to thrive. Engendering innovation, collaborating and
Global business pulse Hoteliers deploy crisis management skills in tough times for tourism
Hotels may have escaped many of the negative headlines associated with aviation and tourism, but they still face real challenges.
DIVERSITY AND INCLUSION Psychological safety: underpinning innovation
Demystifying psychological safety, revealing the practical application behind the complex language surrounding it, is vital if leaders are going to succeed in
DIVERSITY AND INCLUSION Engaging global talent to meet the needs of international customers
With the opening up of the global labour market thanks to changes in working practices and developments in technology, opportunities to break into new markets
How to deal with the impact of COVID-19 on transfer pricing
In April 2021, around 200 leaders from businesses and tax authorities around the world joined experts from the OECD and Grant Thornton to explore the transfer
AUTOMOTIVE Rising revenues, rising debts: exploring an increasing trend among automotive OEMs
The next decade is likely to be a period of significant change for the automotive industry. Emerging technological innovations, government policy around
AVIATION Aviation: preparing for the return of travel post COVID-19
COVID-19 has been an unprecedented shock for the global aviation industry, resulting in fleets of idle aircraft, empty airports and a huge drop in passenger
Hotels COVID-19: Checking in with the hotel industry one year on
The hotel industry is used to dealing with disruption, but never on this scale. While previously only localised events like hurricanes could result in
Short-time work phase IV Short-time work phase IV - extension agreed from 1 April 2021 – 30 June 2021
The social partners have agreed on a further extension of short-time work. As of 1 April 2021, short-time work phase IV can be applied for currently for
Blog.Payroll Detailed information on the changeover to the collective bargaining agreement´s new salary system
The retail sector is the largest industry in Austria - more than 400,000 employees and around 15,000 apprentices are employed in this sector, for which the
DISTRESSED SECTORS The new normal: how COVID-19 has impacted retail
It is safe to assume that for the majority of retail businesses, 2020 has offered some unique challenges. Lockdowns resulting from the COVID-19 pandemic have
IFRS - COVID-19: Going concern considerations
The impact of COVID-19 is expected to have a significant impact on the going concern assumption for a large number of entities. Some entities which were
Aviation sector Aviation: Navigating the impact of COVID-19
The aviation industry has been significantly impacted by the disruption and travel restrictions resulting from the COVID-19 pandemic. With a huge portion of
retailing companies Retail: Navigating the impact of COVID-19
The retail industry is currently in a period of disruption unique in its scale and severity. The global outbreak of COVID-19 has impacted parts of the industry
Tourism sector Hotel industry: Navigating the impact of COVID-19
The hotel industry is dealing with an unprecedented crisis due to the disruption caused by the global COVID-19 pandemic. With hotels shut or operating at
Telling the COVID-19 Story
Annual financial statements will always be a critical communication to investors and other stakeholders. But how effective will they be in explaining to your
short-time work Update short-time work phase III - lockdown regulations
In order to provide further support to those entrepreneurs and business owners who are particularly affected by the renewed lockdown in November, the
Short-time working phase 3 Extension of short-time working as of October 1, 2020
The Austrian Social Partners have agreed to extend short-time working. As of October 1, 2020, phase 3 of short-time working can be applied for, currently for
COVID 19: Debt modifications
The COVID-19 global pandemic has resulted in economic consequences that many reporting entities may not have had to previously consider. One of those
COVID 19: Hedge accounting insights
There are several accounting considerations the COVID-19 pandemic has triggered in relation to IFRS 9. In our view one of the most significant is in relation
Corona aid measures Covid accompanying measures: Austrian insolvency law
In order to cushion the economic impact of the Corona pandemic, reorganization under insolvency proceedings will be facilitated. In any case, the affected
DIVERSITY AND INCLUSION The role of male allies in progressing towards gender parity
Progress towards female equality in senior leadership is accelerated when men act as allies. Informed by Grant Thornton’s research into the global mid-market,
DIVERSITY AND INCLUSION The role of male allies in progressing towards gender parity
Progress towards female equality in senior leadership is accelerated when men act as allies. Informed by Grant Thornton’s research into the global mid-market,
Residence and Employment Permit for Ukrainian Refugees
Since the beginning of the war in Ukraine hundreds of thousands of people have fled their homes. In order to provide support to the Ukrainian refugees as soon
Global Mobillity A1-checks within the EU and new software for work postings
All employees who work abroad must carry an A1 certificate with them due to the EU regulation (VO 883/2004 as well as VO 987/2009). This regulation applies not
Global Business Pulse The mid-market recovery is now inching forward
After leaping back strongly from the darkest days of the pandemic, the global mid-market could only manage a small additional step forward in the second half
Global Business Pulse The mid-market recovery is now inching forward
After leaping back strongly from the darkest days of the pandemic, the global mid-market could only manage a small additional step forward in the second half
Corona Aids Short-time work phase V: Update from November 2021
The new lockdown brings with it changes to short-time work. The aim is to help companies reduce personnel costs and maintain jobs. For this purpose, there are
Blog.Sustainability Beyond Compliance
At the COP Conference in Glasgow over the next two weeks, over 25,000 people representing 200 countries including policy makers, negotiators, journalists and
Empowering the mid-market to help achieve net zero
Mid-market businesses around the world want to accelerate their ESG and sustainability journey.