Remuneration (including bonus and incentive plans)

UK: Government sets out corporate governance reforms

The Department for Business, Energy and Industrial Strategy (BEIS) has published its response paper on UK corporate governance reform. The response paper follows the green paper which it published in November 2016 seeking views on reform measures.

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Filed under Industrial/workplace relations, collective bargaining, works councils, Jurisdiction: UK, Remuneration (including bonus and incentive plans)

Australia: ATO to ‘crack down’ on employers not paying the correct super

The Government has announced a further package of superannuation reforms to address concerns that employers may not be complying with their superannuation guarantee (SG) obligations. The proposed reforms: suggest that the ATO will be granted additional powers to ensure that … Continue reading

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Filed under Jurisdiction: Australia, Remuneration (including bonus and incentive plans)

Thailand: Amendments to the Labour Protection Act

The draft amendment to the Labour Protection Act (the LPA) has now been approved by the National Legislative Assembly on 29 June 2017, and is awaiting Royal Assent to be given by the King. Once the Royal Assent is given, … Continue reading

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Filed under Jurisdiction: Asia, Remuneration (including bonus and incentive plans)

Indonesia: Compliance check – Do you have a wage structure and scale in place?

Earlier this year, the Ministry of Manpower issued another important regulation regarding wage structures and scales with publication of the Minister of Manpower Regulation No. 1 of 2017 (Regulation 1/2017). Regulation 1 /2017 revokes the previous regulation, Manpower Regulation No. … Continue reading

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Filed under Jurisdiction: Asia, Remuneration (including bonus and incentive plans)

Australia: Latest data on enterprise bargaining wages trends – March 2017 quarter

The ‘Trends in Federal Enterprise Bargaining’ report for January-March 2017 was released by the Department of Employment yesterday. This data is a valuable tool for benchmarking during any enterprise agreement negotiations you have coming up. The latest report reveals that: Across … Continue reading

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Filed under Industrial/workplace relations, collective bargaining, works councils, Jurisdiction: Australia, Remuneration (including bonus and incentive plans)

France : New rules on unemployment benefits (convention d’assurance chômage)

On 14 April 2017 the latest unemployment insurance agreement (convention d’assurance chômage) was agreed by trade unions and employers’ organisations and entered into for a period of 3 years. The provisions of this agreement come progressively into force from 1 … Continue reading

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Filed under Jurisdiction: France, Remuneration (including bonus and incentive plans)

UK: Compensation awards could increase following change in calculation of a week’s pay

The EAT in University of Sunderland v Drossou has decided that, contrary to previous practice, employer pension contributions should be included in the calculation of a week’s pay. This will increase the value of awards, in particular where the full … Continue reading

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Filed under Jurisdiction: UK, Remuneration (including bonus and incentive plans)

UK: Statutory holiday pay must take account of voluntary overtime

The EAT has upheld first instance tribunal decisions that the calculation of statutory holiday pay (for the 4 weeks’ EU-derived holiday) should reflect voluntary overtime, voluntary standby and voluntary call out payments, provided that the work has been undertaken with … Continue reading

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Filed under Jurisdiction: UK, Remuneration (including bonus and incentive plans), Working hours (including holiday, sick leave, overtime, rest breaks)

Asia: Mandatory Employment Policies

HR practitioners will be aware that work rules are mandatory in certain jurisdictions in Asia once an employer reaches a specified number of employees. However, an often-overlooked area is whether employers must or should establish other types of employment-related policies … Continue reading

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Filed under Data protection and privacy, Industrial/workplace relations, collective bargaining, works councils, Jurisdiction: Asia, Remuneration (including bonus and incentive plans), Workplace culture, diversity and discrimination (including bullying and harassment), Workplace Health and Safety

Myanmar: New investment law

The Myanmar legislature enacted the Myanmar Investment Law (the "MIL") late last year. The MIL repealed the 2012 Foreign Investment Law (the "FIL"). In relation to the MIL, the Myanmar Ministry of Planning and Finance has drafted the Myanmar Investment … Continue reading

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Filed under International mobility (including secondments, migrant workers, territorial jurisdiction), Jurisdiction: Asia, Remuneration (including bonus and incentive plans)