The most relevant changes to the Labor Code of the Republic of Lithuania are for the attention of company managers, managing accounting persons and human resources managers. Some of them have already entered into force since 2022 July 1. We invite you to check what is relevant for both the employer and the employee and for general payroll accounting.
Action planNearly three-quarters of mid-market businesses fail to act on inflation
New research from Grant Thornton reveals how mid-market businesses globally are failing to take adequate steps to protect their business against the threat of inflation. The research coincides with the release of Grant Thornton’s “Essential action plan for managing in inflationary times” and highlights that around three-quarters of businesses globally have not taken the actions we are recommending.
The success of the company and its organizational structure is driven by smart decisions and efficient management. The quality of the business solutions (including strategy development) and their implementation have a direct influence on the performance, the development and maintenance of standards and management standards.