We advise on the type of bonus schemes relevant to your business; as well as drafting, implementing, operating and any associated issues such as the FSA / FCA Remuneration Code or long-term incentive arrangements. In the current financial climate, variable remuneration and medium-term clawbacks are 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 hedge fund and asset management clients.
- Advising on bonus entitlements for maternity leavers in different industries.
- 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.
As a result of their success, our team and our solicitors individually have received acclaim in the leading legal directories: Legal500 and Chambers & Partners.
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.