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...
Shareholder discontent grows over executive pay
This year’s annual general meeting season has been marked by several significant rebellions by shareholders over senior employees’ pay and...
Businesses need to work together to close gender pay gaps
Employers need to work together to tackle broader industry-wide challenges in order to close the gender pay gap, PwC has...
Gender pay gap: Carlsberg pays women more than men
Carlsberg paid women on average 3.3% more than men in 2017, despite there being an under-representation of women in its...
Public backs keeping workers’ rights from EU
Britons overwhelmingly back keeping – often strengthening – workers’ rights derived from the EU post Brexit, according to research published...
Theresa May to tackle excessive bonuses that harm pension schemes
Prime minister Theresa May has vowed to fine company bosses who award themselves excessive bonuses while failing to protect workers’...
What you might have missed: Christmas and New Year round-up
The first day back at work for many is an inevitable struggle after a much-deserved break over Christmas. But what...
Pay: Why companies need to figure out what’s “fair”
The introduction of pay ratio disclosures, further likely regulation on the remit of remuneration committees, and stakeholder voice within the...
More companies hold on to key staff after mergers, says report
Almost four-fifths of companies that have gone through a merger or acquisition have managed to hold on to their ‘acquired...
Revising a contract of employment: tips to avoid unfair dismissal
Employers must tread carefully when revising a contract of employment. Joanna Sutton offers tips to avoid unfair dismissal claims or ...
Bonus season: five mistakes employers can make
Reports have suggested that RBS, majority-owned by the taxpayer, will shell out some £340 million in staff bonuses this year,...
Is legislation the answer to fat cat bonuses and poor corporate governance?
With employee representation off the agenda, should the Government bring in new corporate governance regulations to make executive pay fairer...
Are bonuses becoming more like a service charge than a tip?
As the bonus season begins, Gerry O’Neill looks at whether the annual “incentive” has become less of a discretionary gratuity...
Male managers more likely to be promoted than women
Women continue to receive fewer promotions and earn less than men, according to the latest National Management Survey from XpertHR...
Bosses still being rewarded for underperformance
Despite falling short of performance expectations, nearly a quarter of managers are still taking home extra pay on top of...
