Regulators decide not to apply CRD IV bonus cap to small firms
The Financial Conduct Authority and the Prudential Regulation Authority have announced that they will not be applying the European CRD IV bonus cap to small firms.
The Financial Conduct Authority and the Prudential Regulation Authority have announced that they will not be applying the European CRD IV bonus cap to small firms.
As of 6 April 2016, Employment Tribunal awards will increase. The maximum compensatory award will be the lower of a year’s pay and £78,962 (increasing from £78,335). The upper limit on a week’s pay, which is relevant to various calculations including statutory redundancy payments and basic awards for unfair dismissal, rises to £479 from £475.
An employer’s decision regarding the split of a commission pool between offices was unreasonable in circumstances where the rules set out in the commission plan were not followed.
A Bristol-based company has introduced a ‘period policy’ to allow female staff to work flexibly around their menstrual cycle.
In some circumstances an employer can be held accountable when its staff do something wrong. In two recent cases, the Supreme Court has given useful guidance on the kinds of circumstances in which that will be so.
On 23 June 2016, British voters will determine whether the UK will leave the EU (also known as ‘Brexit’). Given that many UK employment rights are in some way derived from European law, what consequences would leaving the EU have on employment law?
Draft legislation has been published which would require employers to pay an annual apprenticeship levy.
Employment Law News FCA and PRA publish first set of rules on regulatory references A joint policy statement was published by the PRA and the
The calculation of statutory holiday pay should take into account results-based commission.
As the EU and the UK reached a deal on a new data transfer agreement, aiming to provide protection for data transfers to the US, the Information Commissioner’s Office published a statement setting out its position. The EU-US Privacy Shield is intended to replace the Safe Harbour framework.
The dismissal of an employee for sharing confidential information was unfair in circumstances where the business’ information-sharing culture was at odds with its formal confidentiality policy.
A person owes a duty of care when doing work for free to do it to a standard which accords with the expertise they claim to have, even where the work is being done for their friends.
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