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.
It is sad to see any organisation pulling itself apart, but doubly sad to see this happening to the Chartered...
There have been lots of headlines in the news recently about having to disclose employees' pay. Are employers now required to reveal what they pay their staff? Vanessa Hempstead answers key questions on this thorny issue.
XpertHR’s head of salary surveys and data benchmarking Mark Crail talks to Mike Berry about salary surveys, setting out what...
Senior prosecution officials’ bonuses could lead to miscarriages of justice, the Times has reported.An investigation by the paper has revealed...
Lloyds Banking Group is drawing up plans for a multi-million pound incentive plan for its top managers, the Times has...
Jackie Orme has remained defiant that she will keep her bonus this year despite the HR community calling on the...
You’ve found the perfect HR software application. You’ve negotiated a great price and a good support contract. But don’t sign...
The City has responded to Alastair Darling’s plans to restructure bankers’ bonuses, claiming that his plans will undermine the financial...
Gordon Brown will “ban” old-style bank bonuses and punish banks that continue to pay them, it emerged yesterday.In an interview...
The CIPD has come under heavy fire from the HR community – and its own employees – after its decision...
EXCLUSIVEVote now on our news poll. Should Jackie Orme have been awarded a bonus?The Chartered Institute of Personnel and Development (CIPD)...
British firms outside of the financial sector should be protected from proposed changes to the bonus culture to prevent work...
Employers affected by the Financial Services Authority’s (FSA) Code of Practice for Employee Remuneration face a flurry of activity over...
Unions have declared the bonus culture has “no place” in either the private or public sectors.Speaking at the TUC’s annual...
