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.
Pay premiums to reduce this year as recruiting difficulties ease
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.
Thousands of equal pay claims still received by tribunals each year
An average of almost 29,000 equal pay complaints are received by employment tribunals in England and Wales per year as...
One in four FTSE 100 bosses has taken a pay cut
One in four bosses of FTSE 100 companies has taken a pay cut during the coronavirus crisis, according to research...
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
John Lewis Partnership staff have seen their annual bonus plummet to a 67-year low, as the retail group warns it...
Lloyds staff struggling with money, according to union survey
Almost a third of workers at Lloyds Bank are struggling financially, according to a confidential union survey seen by The...
Charity boss who doctored minutes to inflate pay sent to prison
The former chief executive of an animal charity has been sentenced to seven years in prison after he forged the...
Employee Benefits Awards 2020 entry deadline fast approaching
Time is running out to enter the Employee Benefits Awards 2020, as the entry deadline of 17 January is fast...
Greggs staff may not receive full bonus because of universal credit rules
Some Greggs employees will receive only a fraction of the one-off bonus the bakery chain plans to award them due...
Greggs staff to receive one-off bonus
Greggs employees will each receive a one-off bonus up to £300 following a successful year for the business.
Around 25,000...
The 10 most important employment law cases in 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...
TSB bosses bonuses to be cut after failing to hit 2020 gender target
TSB’s leadership team will have their bonuses docked after the firm failed to increase the proportion of women in senior...
Recruitment consultant wins religious discrimination claim
A Muslim woman has been awarded more than £22,000 in compensation after a company director made derogatory comments about her...
Labour could ban City bonuses
John McDonnell, the shadow chancellor, has said a future Labour government could ban bonuses in the City, unless the financial...
Wage growth fastest in 11 years
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.
Entries are now open. But don’t delay – as the closing date for submissions will be Friday 03 July.
