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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.
6 Mar 2020
John Lewis Partnership staff have seen their annual bonus plummet to a 67-year low, as the retail group warns it...
10 Feb 2020
Almost a third of workers at Lloyds Bank are struggling financially, according to a confidential union survey seen by The...
7 Feb 2020
The former chief executive of an animal charity has been sentenced to seven years in prison after he forged the...
15 Jan 2020
Time is running out to enter the Employee Benefits Awards 2020, as the entry deadline of 17 January is fast...
14 Jan 2020
Some Greggs employees will receive only a fraction of the one-off bonus the bakery chain plans to award them due...
8 Jan 2020
Greggs employees will each receive a one-off bonus up to £300 following a successful year for the business.
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...
3 Dec 2019
TSB’s leadership team will have their bonuses docked after the firm failed to increase the proportion of women in senior...
4 Oct 2019
A Muslim woman has been awarded more than £22,000 in compensation after a company director made derogatory comments about her...
6 Sep 2019
John McDonnell, the shadow chancellor, has said a future Labour government could ban bonuses in the City, unless the financial...
13 Aug 2019
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.
28 May 2019
Church Commissioners, the organisation that manages the assets of the Church of England, has a huge pay gap between its...
10 May 2019
A former NatWest employee has won a £150,000 pay out after it emerged she was earning thousands of pounds less than a male colleague.
5 Apr 2019
There may not have been a dramatic change in the gender pay gap, but HR, analytics and reward specialists are far from gloomy about what the latest crop of reports reveals