When determining whether to award a discretionary bonus or not the key issue for the Courts to look at is whether the employer’s decision was irrational or perverse and not whether the employees performance was sufficient to justify a bonus. […]
Read More… from Employers may withhold discretionary bonuses even where performance is satisfactory
The proposed early enactment into UK law of 2 of the recent amendments to the Prospectus Directive and the expansion of the share schemes exemption to include all EU companies. […]
The highly tax efficient share scheme for smaller companies is to be made available to foreign companies. […]
Read More… from UK Enterprise Management Incentives (“EMI”) schemes and foreign companies
The UK Equality Act 2010 (the “Act”) covers all areas of equality and discrimination legislation. The Codes of Practice (the “Codes”) are key to understanding the new obligations under the Act. […]
Read More… from The EHRC have published draft Codes of Practice on the Equality Act 2010 (the “Act”)
All organisations doing any business in the UK need to take active steps to manage the risk of criminal liability under this new UK Bribery Act 2010 […]
Read More… from Bribery Act 2010 – ALERT – Are you compliant?
Further to our article – CRD 3 and restrictions on remuneration in the financial services sector, the Committee of European Banking Supervisors (“CEBS”) has published new guidelines on the Capital Requirements Directive (“CRD 3”). […]
Read More… from Breaking news – New CEBS guidelines published on 10 December
The UK government is actively considering increasing the qualification requirement for protection from dismissal from one to two years as a means of increasing employment. […]
Read More… from Government considers making it easier to dismiss employees
Male employees with parental responsibility for babies that are due to be born or placed for adoption on or after 3 April 2011 will have the right to take part of their partner’s maternity leave as “additional paternity leave”. […]
Read More… from Government maternity and new additional paternity leave rights guide
OECD threatens blacklisting of UK exporters in response to delays in implementation UK Bribery Act 2010 […]
Read More… from The UK Bribery Act 2010 (the “Act”) – Update
The DRA was abolished with effect from 6 April 2011 subject to transitional provisions (see Transitional Proceedings below). […]
Read More… from Repeal of the Default Retirement Age (“DRA”)