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Bonuses

Many employers operate contractual or discretionary bonus schemes to incentivise their employees.

A major legal issue for employers is to decide whether bonuses under the scheme are intended to be contractual or discretionary, and ensure that this is clearly reflected in the relevant employees’ contracts of employment.


    • Bonuses
    • Environment
    • Latest News

    Legislation could block bonuses at Thames Water

    by Jo Faragher 16 May 2025
    by Jo Faragher 16 May 2025

    Ministers could block executives at Thames Water from taking bonuses after the utility applied for a £3bn emergency loan.

    • Bonuses
    • Latest News
    • Retail

    John Lewis fails to pay bonus for fourth time in five years

    by Adam McCulloch 13 Mar 2025
    by Adam McCulloch 13 Mar 2025

    The retailer said it did not believe “it would be right” to pay a bonus this year as it continues to reinvest in the business.

    • Bonuses
    • Equality, diversity and inclusion
    • Latest News

    Lloyds scales back diversity targets for employee bonuses

    by Kavitha Sivasubramaniam 11 Mar 2025
    by Kavitha Sivasubramaniam 11 Mar 2025

    Lloyds reduces diversity targets which impact annual bonus payments for senior staff and its wider employee base.

    • Bonuses
    • Latest News
    • Pay & benefits

    Greggs employees to share £20.5m profits pot

    by Kavitha Sivasubramaniam 4 Mar 2025
    by Kavitha Sivasubramaniam 4 Mar 2025

    Greggs staff are set to share profits of £20.5m as the business reveals a spike in sales over the past year.

    • Bonuses
    • Latest News
    • Retail

    Asda execs to go without annual bonus, reports suggest

    by Jo Faragher 3 Mar 2025
    by Jo Faragher 3 Mar 2025

    More than 10,000 managers at supermarket chain Asda will not receive a bonus this year after its market share has shrunk.

    • Bonuses
    • Financial services
    • Latest News

    Barclays doubles CEO pay and awards shares to 90,000 staff

    by Kavitha Sivasubramaniam 13 Feb 2025
    by Kavitha Sivasubramaniam 13 Feb 2025

    Barclays doubles its CEO’s pay to £10.5m as the bank's top performers share a bonus pot of £1.9bn.

    • Bonuses
    • Equality, diversity and inclusion
    • Latest News

    BT to remove DEI element from middle managers’ bonuses

    by Adam McCulloch 6 Feb 2025
    by Adam McCulloch 6 Feb 2025

    BT is scrapping bonus scheme elements that include diversity, equity and inclusion (DEI) measures for thousands of middle managers. 

    • Bonuses
    • Latest News
    • Professional services

    KPMG partners receive record pay

    by Rob Moss 30 Jan 2025
    by Rob Moss 30 Jan 2025

    KPMG UK partners receive record pay averaging £816,000 following an 11% increase in pre-tax profits to £404 million.

    • Bonuses
    • Latest News
    • Team reward

    Most employees not expecting Christmas bonus

    by Kavitha Sivasubramaniam 17 Dec 2024
    by Kavitha Sivasubramaniam 17 Dec 2024

    Most employees (60%) are not expecting a Christmas bonus, while just 8% anticipate a bigger payout this year.

    • Benefits
    • Bonuses
    • Compensation

    Salary compression: The importance of fair remuneration

    by Elena Bajada 6 Dec 2024
    by Elena Bajada 6 Dec 2024

    Executive search specialist Elena Bajada examines salary compression and what HR leaders should do to ensure their pay structures remain fair.

    • Bonuses
    • Financial services
    • Latest News

    Banker bonus rules to be relaxed under new plans

    by Kavitha Sivasubramaniam 27 Nov 2024
    by Kavitha Sivasubramaniam 27 Nov 2024

    Bankers could get their bonuses sooner under new plans designed to bring the UK's rules more in line with other countries.

    • Bonuses
    • Latest News
    • Team reward

    Half of workers hope for seasonal bonus or gift from manager  

    by Kavitha Sivasubramaniam 22 Nov 2024
    by Kavitha Sivasubramaniam 22 Nov 2024

    More than one in two employees (53%) are hoping for a seasonal bonus, while a similar proportion (48%) are expecting a gift.

    • Bonuses
    • Latest News
    • Pay & benefits

    Employers branded bad gift-givers by nearly half of workers

    by Kavitha Sivasubramaniam 14 Nov 2024
    by Kavitha Sivasubramaniam 14 Nov 2024

    Employers are labelled bad gift givers by nearly half (46%) of UK staff as the festive season approaches, research finds.  

    • Bonuses
    • Financial services
    • Latest News

    Bankers’ bonuses to be further deregulated

    by Adam McCulloch 18 Oct 2024
    by Adam McCulloch 18 Oct 2024

    Bonuses safeguards set to be cut back as regulators look to boost London's financial sector competitiveness.

    • Bonuses
    • Compensation
    • Latest News

    Microsoft links security to employee performance reviews

    by Kavitha Sivasubramaniam 7 Aug 2024
    by Kavitha Sivasubramaniam 7 Aug 2024

    Microsoft has made security a 'core priority' for its workforce, tying it to employee performance reviews and compensation.

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