Labour Law Framework: An International Comparison
XIME, Bangalore
Abstract
As labor laws pervade
virtually every aspect of business practice anywhere in the world and managers
regularly confront employment law questions, this paper intends to provide an analysis
of the most relevant aspects of Brazilian labour law. The literature examining
Brazilian labour law is as rich and thoughtful as it is expansive. However,
most of this writing is also exceedingly legalistic and complex to those
without legal training or expertise. The goal of this paper is to demystify
Brazilian labour legislation, and explain how it influences the way of doing
business in the country. From an economic, political and historical
perspective, Brazilian labour legislation impacts wages, employment, domestic
consumption and economic growth, among others. Labour legislation also affects
labor market outcomes and business operations as part of the “Custo Brasil” – Brazilian cost (the high cost of doing
business in Brazil ).
This paper concludes that regulatory changes have to be made in the near
future; otherwise labour law in Brazil
will become ineffective and may affect sustainable economic growth.