Employee benefits

Holiday pay – Summer Update

Felicity Gemson

It’s that time of year when many will be taking a break, jetting off to sunny climes or enjoying the sunshine at home. We take stock of what’s been happening – and of changes ahead – that may impact your holiday pay bill and calculations. We have also updated our guidance Holiday pay – where Read More

No Comments

Rethinking U.S. executive compensation to optimise tax-deductibility

Brian Jebb

    Newly-passed U.S. legislation, the Tax Cuts and Jobs Act, paves the way for major federal tax reforms, among them changes which significantly limit the tax deductibility of certain types of executive compensation under Section 162(m) of the U.S. Internal Revenue Code of 1986. Under Section 162(m), as it applies to pre-2018 tax years, Read More

No Comments

Salary history questions may be prohibited in the USA

Brian Jebb

A new law recently enacted in New York City prohibits private and public employers from asking about an applicant’s salary and benefits history during the hiring process. The law, which comes into effect on October 31, 2017, also prohibits prospective employers from contacting the current and former employers of the applicant to ask about his/her Read More

No Comments

Why turn up to work?

Robbie Sinclair

Travelling sardine-style on a packed train into Liverpool Street this morning – ironically, National Working from Home Day – I reflected on an interesting article in the newspaper. It reported that most city workers long to move to a more rural area and work from home, Read More

No Comments

Shareholder spring – rethinking remuneration

David Cummings

Remuneration voting in this AGM season has been eventful so far. Many FTSE 100 and 250 boards will be feeling slightly bruised after a series of “no” votes against pay and severance deals for their senior executives, echoing the pay revolts of 2012’s “shareholder spring”. Read More

No Comments

Financial sector pay reform: looking ahead

David Cummings

Pay regulation is a moving target – one thing gets crossed off your “to do” list but there are typically several more “to do’s” around the corner. It is the same story this year. Firms may be relieved to have 2016 arrangements in place (which for many PRA firms incorporate stricter deferral, vesting and clawback Read More

No Comments

Social security contribution for civil law agreements is changing in Poland

Pawel Krzykowski

The Polish Parliament decided to amend the rules of social security contribution payments for the following types of civil law agreements, the new legislation will come into force on 1 January 2016: Read More

No Comments