Remuneration (including bonus and incentive plans)
The Department for Business, Energy and Industrial Strategy has published its response paper on UK corporate governance reform, following on from the green paper which it published in November 2016.
UK: Pay gap reporting – EHRC recommendations and HSF review of gender pay gap reports published so far
The Equality and Human Rights Commission has recently published research into gender, ethnicity and disability pay gaps, along with a strategy for reducing those gaps, available here. The strategy’s recommendations include Government legislation to make the right to request flexible … Continue reading
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.
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
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
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
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
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
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
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