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.
Setting up a staff motivation scheme that is effective and sustainable is far from straightforward. Andrew Johnson, director general of...
Gift vouchers or gift cards have grown in popularity recently among employers as an incentive tool. But why are they regarded...
The CIPD has defended the remuneration package awarded to its chief executive Jackie Orme for 2009/10, following criticism of her...
Never mind the recession or the damage to the planet; according to the European Parliament it’s all about the falling...
HR pay growth has been boosted by a recovery in bonuses, with the combined rate rising by 3.6%, according to...
The Financial Services Authority (FSA) today opened a consultation on the implementation of forthcoming new rules governing the disclosure of...
A report suggesting that FTSE 100 executive directors saw their pay packets rise by more than 50% over the year...
Staff at City of Edinburgh Council are “furious” after learning that their new salary rates are based on an average...
I normally give my employees a Christmas bonus. However, this year business has been slow, and I’m thinking about not...
The NHS bonus payment system for doctors has been branded “costly” and “unwieldy” by the head of medical pay and...
Public sector employers are preparing to cut staff numbers as well as reduce or freeze pay and benefits ahead of...
Pay rises for housing association staff came to a virtual halt over the past 12 months due to uncertainty over...
JP Morgan Europe Ltd v ChweidanFACTSMr Chweidan worked for JP Morgan as an executive director in Structured Credit and Sales....
Pay rises have staged a minor comeback in the media sector, with bonuses and commission payments returning as the recession...
Business secretary Vince Cable has criticised the bonus culture at large banks, claiming that extra cash should be reaching small...
