Australia: Annualised Wages in Modern Awards – A New Approach

The model clauses proposed by the Fair Work Commission are fundamentally different from the previous clauses, and indeed from any regulation previously proposed. They require a radically different approach. They are extremely prescriptive. They will impose a number of significant administrative burdens on employers covered by those awards. These administrative burdens will undoubtedly impact the … Read more

UK: gender pay gap reporting deadline passes, new guidance published

The deadline for the second year’s gender pay gap reports has now passed, with roughly the same number of employers as last year’s total meeting the deadline (and almost half of them doing so in the last week).  Just over half of private companies have reported gaps that are higher or no lower than last … Read more

Compliance Check: China – Social Insurance Obligations

Under PRC law, employers are required to pay social insurance premiums for employees. The social insurance premiums cover basic endowment, medical, employment–related injury, unemployment and maternity insurance. Non-compliance with these requirements can result in administrative penalties, claims by employees and other measures taken by government authorities, and cause significant reputational damage. It was originally contemplated … Read more

UK: ‘bad leaver’ provision triggered by resignation was not a penalty

The Employment Appeal Tribunal has ruled that ‘Bad Leaver’ provisions in Articles of Association requiring forfeiture of shares were not subject to the law on penalty clauses where triggered by an employee voluntarily resigning on notice, as repayment did not arise on a breach of contract. The fact that the employee had separately contracted not … Read more

Australia: Superannuation Guarantee and Annual Leave Loading

Our financial services team have posted an update on compliance obligations for annual leave loading and superannuation guarantee obligations. Click here to discover more. In addition, our colleagues at Greenwoods + Herbert Smith Freehills have posted their article Superannuation Guarantee owed on Annual Leave Loading. Click here to read their article. Read more