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.


The impact of Covid-19 on senior executives’ contracts

Senior executives' relationship with new employers is changing as they look to safeguard their positions against a background of instability.

Febrile mood will lead to sackings, whistleblowing and disputes

7 Oct 2020

As the UK heads into a worrying winter, Charlie Thompson examines the risks for senior teams as they manage the...

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John Lewis scraps staff bonus

18 Sep 2020

John Lewis and Waitrose staff will not receive a bonus next April for the first time in more than 60...

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Short-term executive pay cuts won’t solve high pay culture

5 Aug 2020

Temporary pay cuts taken by chief executives during the coronavirus pandemic won’t solve excessive pay and bonus culture, according to...

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Pay premiums to reduce this year as recruiting difficulties ease

22 Jun 2020

Research finds that fewer companies will offer a premium to attract talent in the coming months and that HR is heavily involved in business continuity planning.

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Thousands of equal pay claims still received by tribunals each year

27 May 2020

An average of almost 29,000 equal pay complaints are received by employment tribunals in England and Wales per year as...

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One in four FTSE 100 bosses has taken a pay cut

15 Apr 2020

One in four bosses of FTSE 100 companies has taken a pay cut during the coronavirus crisis, according to research...

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How rewarding staff in small firms need not be costly

10 Mar 2020

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

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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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