Archives: Remuneration

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UK Employment Appeal Tribunal confirms that statutory holiday pay should include voluntary overtime

One of the last remaining pieces in the jigsaw of what constitutes “normal pay” for the purpose of calculating statutory holiday pay was slotted into place by the Employment Appeal Tribunal on Monday when it confirmed that such calculations should include voluntary overtime. Willetts and Others v. Dudley Metropolitan Borough Council is a claim for … Continue Reading

Bonus agreements in Germany – Courts may determine amount of bonus payment instead of employer

The interpretation of bonus clauses in German employment contracts is a never-ending fountain of judicial discussions and disputes. Employers always try to achieve the greatest level of flexibility possible while employees naturally seek clear conditions that guarantee that the agreed bonus is paid once certain requirements are met. In light of recent cases in the … Continue Reading

Not all fun and games – new guidance on reporting executive remuneration

Some legal blogs stretch their analogies too far. This one doesn’t.  Whether or not you actually care about who won the synchronised swimming, what happens to unsuccessful North Koreans or why you would invent a mugging while trashing a toilet, do take a look at this clever piece on executive remuneration as an Olympic sport.  … Continue Reading

Let’s all get rich together’ say new Australian share scheme rules

Groups of formerly disengaged and uncommitted employees will soon be queueing at HR’s door to ask for copies of your company’s new employee share scheme (ESS), or so runs the unwritten subtext of the Australian Federal Government’s new proposals in respect of employee participation in business ownership. After much deliberation the Australian Federal Government has … Continue Reading
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