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From Email. To Email. Message Hi, I thought you'd like this article I found on the SHRM website: What is the difference between a discretionary and a nondiscretionary bonus? Send Cancel Close. Post a Job See All Jobs. Salary Increase Projections for Pay raises in the U. Keeping Bonus Programs Fair and Equitable. HR Daily Newsletter News, trends and analysis, as well as breaking news alerts, to help HR professionals do their jobs better each business day.
Contact Us Finally, employers need to take great care that when they are exercising their discretion — they must not do anything that could amount to discrimination. They can give you tailored advice aligned to your business interests. About us. Call us on Contact us. Types of bonus Broadly, bonuses can be contractual or discretionary in nature. What to look out for Courts and tribunals are not concerned about labels.
In general, this will be the case where the practice is clear and certain is fair and reasonable has been going on for a long period of time the law does not set out a specific length of time is known to employees and they have a reasonable expectation of receiving it has been consistently applied to employees.
Latest news and insights. View the latest articles. Autumn Budget The key points for employers 3rd November Stay up to speed with the latest employer news. Get legal updates, helpful articles, free resources and details of all our events — straight to your inbox. Our services. About us Resources I need help with Careers. The Court observed that it would defeat the commercial purpose of the incentive clause if it were construed as permitting the employer to introduce an incentive program, expressly remove a cap on incentive payments, market the program as rewarding strong performance, and then when employees performed strongly, exercise its discretion to refuse to pay the incentive specified.
Author : Charles Power. Disclaimer The information in this publication is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavour to provide accurate and timely information, we do not guarantee that the information in this newsletter is accurate at the date it is received or that it will continue to be accurate in the future. What are you searching for? Author : Charles Power Disclaimer The information in this publication is of a general nature and is not intended to address the circumstances of any particular individual or entity.
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