Posts from Payne Hicks Beach

Variable pay agreements: ensuring proper protection for employers

In competitive business environments and industries, it is becoming increasingly common for employers to incentivise their employees by offering additional remuneration in return for good performance and achievement of targets. Such “variable pay” can take various different forms, including cash bonuses, commission or profit share, and awards under long-term incentive plans (LTIPs) (for example share … Continue reading Variable pay agreements: ensuring proper protection for employers