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.
As Barclays CEO Antony Jenkins takes his first annual bonus since joining the bank in August 2012, despite a legacy...
Chancellor George Osborne has conceded defeat in the UK’s efforts to overturn the EU cap on bankers’ bonuses, following a...
The European Court of Justice (ECJ) handed down a landmark judgment last week when it decided that holiday pay must...
Consultant editor Darren Newman explains the potentially costly implications of a recent ruling on calculating holiday pay where workers receive...
The European Court of Justice (ECJ) has ruled that employers must include commission in holiday pay.
Bonuses awarded to company directors have shrunk by almost a quarter over the past year, according to the latest salary...
Two recent pieces of research look at whether or not a reward scheme can help create a high-performance organisation, and...
The pay gap between men and women is being made worse by a 50% gap in bonuses between the sexes,...
This week’s news that the EU is to exert control over the size of bankers’ bonuses has been met with...
European Union officials have agreed plans to cap bankers’ bonuses as part of reforms designed to help the banking industry...
The High Court decision in Attrill and others v Dresdner Kleinwort Ltd and Commerzbank AG offers a stark warning to...
Incentivising staff in these challenging economic times is more important than ever as employers look to increase productivity and get...
We have a senior employee who is underperforming and we want him to go right away. We plan to pay...
Nearly half of managers would prefer to receive a bonus as a Christmas present from their employer, compared with just one...
With Christmas only three weeks away, Personnel Today and XpertHR present a seasonal feast of employment related questions, case studies...
