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.
A think-tank finds that the pay gap between CEOs and employees is set to grow in 2022, following a reduction in the pay ratio in 2020/21.
EasyJet has become the latest airline to offer cabin crew a £1,000 bonus in a bid to attract staff in a tight labour market.
Companies with high levels of female representation on boards were more likely to cut executive pay during the pandemic, research has found.
British Airways will award new cabin crew a £1,000 bonus in an attempt to attract staff as the aviation sector struggles to recruit.
Wage growth in the UK continues to fall behind the cost of living, official statistics for November to January have...
John Lewis Partnership has reinstated its staff bonus as its losses narrowed and its department store chain achieved the highest sales in its history.
Staff at the Financial Conduct Authority are set to see their base pay increase by an average of more than 12% over the next two years.
New trends are emerging in new contractual provisions for senior executives, as skills shortages and hybrid working becomes the norm.
Staff at the Financial Conduct Authority are being balloted for strike action over claims that the organisation plans to slash pay and introduce a new appraisal system.
With starting salaries and inflation on the rise, pay is creeping up. But how long can this go on for, and have employers' payroll budgets grown as much as research suggests?
For the first time since 2011, CEOs have needed to work into a fourth day in order to make the same pay a full-time worker would make in a year.
Premier Inn owner Whitbread is to pay a one-off summer retention bonus to hotel and restaurant staff in 2022.
Amazon is offering new starters joining bonuses of up to £3,000 in an attempt to attract applicants in parts of the UK where there is high demand for workers.
The John Lewis Partnership has paid bonuses to senior managers despite not paying its partnership bonus for the first time in nearly 70 years.
Job adverts for warehousing roles promise a £1,000 bonus for those who join before 18 September.
