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.


Pret’s £1,000 employee bonus: Do short-term rewards achieve anything?

The new owners of sandwich chain Pret A Manger have promised a £1,000 bonus to all employees who are on...

Pascal Soriot. Rex

Shareholder discontent grows over executive pay

21 May 2018

This year’s annual general meeting season has been marked by several significant rebellions by shareholders over senior employees’ pay and...

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Businesses need to work together to close gender pay gaps

17 May 2018

Employers need to work together to tackle broader industry-wide challenges in order to close the gender pay gap, PwC has...

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Gender pay gap: Carlsberg pays women more than men

9 Mar 2018

Carlsberg paid women on average 3.3% more than men in 2017, despite there being an under-representation of women in its...

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Public backs keeping workers’ rights from EU

20 Feb 2018

Britons overwhelmingly back keeping – often strengthening – workers’ rights derived from the EU post Brexit, according to research published...

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Theresa May to tackle excessive bonuses that harm pension schemes

22 Jan 2018

Prime minister Theresa May has vowed to fine company bosses who award themselves excessive bonuses while failing to protect workers’...

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What you might have missed: Christmas and New Year round-up

2 Jan 2018

The first day back at work for many is an inevitable struggle after a much-deserved break over Christmas. But what...

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Pay: Why companies need to figure out what’s “fair”

14 Nov 2017

The introduction of pay ratio disclosures, further likely regulation on the remit of remuneration committees, and stakeholder voice within the...

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merger-retention

More companies hold on to key staff after mergers, says report

2 Nov 2017

Almost four-fifths of companies that have gone through a merger or acquisition have managed to hold on to their ‘acquired...

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Revising a contract of employment

Revising a contract of employment: tips to avoid unfair dismissal

2 Mar 2017

Employers must tread carefully when revising a contract of employment. Joanna Sutton offers tips to avoid unfair dismissal claims or ...

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bonus-payments-rbs

Bonus season: five mistakes employers can make

14 Feb 2017

Reports have suggested that RBS, majority-owned by the taxpayer, will shell out some £340 million in staff bonuses this year,...

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Is legislation the answer to fat cat bonuses and poor corporate governance?

27 Jan 2017

With employee representation off the agenda, should the Government bring in new corporate governance regulations to make executive pay fairer...

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Are bonuses becoming more like a service charge than a tip?

10 Jan 2017

As the bonus season begins, Gerry O’Neill looks at whether the annual “incentive” has become less of a discretionary gratuity...

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gender-pay-gap-CMI

Male managers more likely to be promoted than women

23 Aug 2016

Women continue to receive fewer promotions and earn less than men, according to the latest National Management Survey from XpertHR...

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Underperforming managers still receiving bonuses.

Bosses still being rewarded for underperformance

10 May 2016

Despite falling short of performance expectations, nearly a quarter of managers are still taking home extra pay on top of...

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