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347 of 347 posts
31 January 2012
Compensation & Benefits: HMRC issues new guidance on Share Incentive Plans
On 29 January 2010, HMRC issued new guidance in its Employee Share Schemes User Manual on the operation of SIPs. Resources Employee Share Schemes User Manual For further information, please…
31 January 2012
Compensation & Benefits: EU Commission now narrows Prospectus Directive exemption for employee share schemes
Soon after announcing a proposal for a blanket exemption the EU has revised its proposals. Background As set out in our last newsletter, on 24 September 2009, the EU Commission…
31 January 2012
Compensation & Benefits: Amendment to AIM rules to now require disclosure of directors’ remuneration
On 15 December 2009, the London Stock Exchange published AIM Notice 35, detailing proposed amendments to the AIM Rules. On 17 February 2010, AIM Notice 36 was published with a…
31 January 2012
Employment: New legal right to request time off to train
The Apprenticeships, Skills, Children and Learning Act 2009 (the “Act”), the main provisions of which come into force for businesses with 250 or more employees in April 2010, will give…
31 January 2012
Compensation & Benefits: Childcare vouchers to loose tax and National Insurance Contribution exemptions
Employers should take advantage of the scheme now to secure the tax and NIC advantages to 2015 Controversial proposals from the government will mean that employees joining childcare voucher schemes…
31 January 2012
Employment: New regulations to implement the Temporary Agency Workers Directive
Following consultations in 2009, the regulations implementing the EU Temporary Agency Workers Directive, the Agency Workers Regulations 2010 (the “Regulations”), have been laid before Parliament. The Regulations are due to…
31 January 2012
Compensation & Benefits: ABI – New Executive Remuneration Guidelines and “position paper”
On 15 December 2009, a new version of the Association of British Insurers (ABI) Guidelines was published together with an accompanying position paper on how the Guidelines should be applied.…
31 January 2012
Employment: Using length of service criterion in redundancy selection
Since the introduction of legislation outlawing age discrimination in 2006 employers have generally been advised that “last in first out” or other service-related criteria for redundancy selection are best avoided. …
31 January 2012
Employment: Changes to rates from 1 October 2009
Increases to statutory redundancy payment and basic award for unfair dismissal The limit on the maximum amount of a week’s pay taken into account to calculate the amount of statutory…
31 January 2012
Employment: Compulsory retirement age for all civil servants to be scrapped by 2010
Last October the UK government pledged to remove the compulsory retirement age for all junior civil servants. The Cabinet Secretary has now promised to do the same for senior civil…