A carefully drafted contractual bonus scheme will usually contain:
- A condition that the employee remain in employment, not under notice of termination (given or received) on a stipulated qualification or payment date in order to receive the bonus.
- A mechanism for pro-rata payment in the years of joining and departure, or a proviso that no payments will be made in respect of either or both of those years.
- A proviso that no payments will be payable during any period of notice, garden leave or suspension or whilst the employee is subject to the company`s formal disciplinary procedure.
Deductions from wages - company loan
Template letter asking an employee to authorise deductions from wages in respect of a company loan.
Time off for training HR policy
This policy provides advice to employees of their statutory right to request time off.
Directors' duties factsheet
Guide to Directors' general duties, in capacity as a director, to the company.