We advise on the type of bonus schemes relevant to your business, its implementation, operation and any associated issues such as the FSA / FCA Remuneration Code or long-term incentive arrangements. In the current financial climate, variable remuneration is playing a larger role in compensation structures. It is essential therefore, that your contractual arrangement incentivise staff but do not leave the business vulnerable.
Recent instructions include:
- Drafting schemes with deferred cash/equity splits for a hedge fund client
- Advising on bonus entitlements for maternity leavers for a luxury retailer
- Advising a stock broker employer on obligations under the FSA / FCA Remuneration Code and the use of good leaver / bad leaver provisions
For an overview on bonus schemes, please click here.
If you would like to speak on a confidential basis to one of our solicitors about bonus schemes, please call us on 0203 178 5361.