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.
The bosses of companies in the FTSE-100 index are taking home 100 times more than the average worker, new research...
Reports of a £1m payout to bosses of failed rail network maintenance company Metronet have angered unions.The Metronet partnership was...
With the recent uncertainty affecting the financial markets due to the ‘credit crunch’, it is likely that there will be...
GPs should be subjected to tougher targets to earn their bonuses, the Auditor General for Wales has insisted. Jeremy Colman...
Bonuses that are purely financial for UK company executives are on the wane, with companies moving towards a combination of...
Does the slowing in the rate of increase in pay and bonuses mean HR staff are less valued?Despite the job...
In an unprecedented move, senior executives at the BBC have elected to forgo hundreds of thousands of pounds-worth of bonuses...
Diversity experts have applauded the decision by BBC executives to forgo their bonuses collectively worth £350,000, after the broadcaster failed...
Ridgway v JP Morgan Chase Bank National Association, High Court
Network Rail bosses have agreed to defer part of their own bonuses until investigators had determined the cause of the...
High street food and clothes retailer Marks & Spencer (M&S) said it will create 10,000 new jobs over next three years,...
Personnel Today readers have expressed their shock at the £500,000 salary package on offer to the new director-general of the...
US-based HR directors top a global best-paid poll, followed by the UK and Germany, with India lagging at the bottom,...
One-quarter of European employers now offer incentives to encourage staff to take fewer sick days, according to a survey. The...
Bonus season may have just finished, but bonuses remain very much in the news. Recently, two former Deutsche Bank employees...
