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.


How rewarding staff in small firms need not be costly

When it comes to rewarding employees, most people automatically think of financial incentives: high salaries, bonuses and generous pension schemes....

John Lewis staff bonus lowest since 1953

6 Mar 2020

John Lewis Partnership staff have seen their annual bonus plummet to a 67-year low, as the retail group warns it...

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Lloyds staff struggling with money, according to union survey

10 Feb 2020

Almost a third of workers at Lloyds Bank are struggling financially, according to a confidential union survey seen by The...

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Charity boss who doctored minutes to inflate pay sent to prison

7 Feb 2020

The former chief executive of an animal charity has been sentenced to seven years in prison after he forged the...

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Employee Benefits Awards 2020 entry deadline fast approaching

15 Jan 2020

Time is running out to enter the Employee Benefits Awards 2020, as the entry deadline of 17 January is fast...

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Greggs staff may not receive full bonus because of universal credit rules

14 Jan 2020

Some Greggs employees will receive only a fraction of the one-off bonus the bakery chain plans to award them due...

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Greggs staff to receive one-off bonus

8 Jan 2020

Greggs employees will each receive a one-off bonus up to £300 following a successful year for the business.
Around 25,000...

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The 10 most important employment law cases in 2019

11 Dec 2019

We round up the most significant cases of the year including legal judgments on CCTV, restrictive covenants, enhancing shared parental leave, collective bargaining and more...

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TSB bosses bonuses to be cut after failing to hit 2020 gender target

3 Dec 2019

TSB’s leadership team will have their bonuses docked after the firm failed to increase the proportion of women in senior...

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Recruitment consultant wins religious discrimination claim

4 Oct 2019

A Muslim woman has been awarded more than £22,000 in compensation after a company director made derogatory comments about her...

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Labour could ban City bonuses

6 Sep 2019

John McDonnell, the shadow chancellor, has said a future Labour government could ban bonuses in the City, unless the financial...

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Wage growth fastest in 11 years

13 Aug 2019

Wages are growing at their fastest rate for 11 years, according to official figures released today. Unemployment increased slightly and the number of vacancies fell for the sixth consecutive time.

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Church of England asset management report reveals huge pay gap

28 May 2019

Church Commissioners, the organisation that manages the assets of the Church of England, has a huge pay gap between its...

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NatWest pays female worker £150,000 to settle equal pay claim

10 May 2019

A former NatWest employee has won a £150,000 pay out after it emerged she was earning thousands of pounds less than a male colleague.

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gender pay gap

The 2018 gender pay gap: grounds for optimism?

5 Apr 2019

There may not have been a dramatic change in the gender pay gap, but HR, analytics and reward specialists are far from gloomy about what the latest crop of reports reveals

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