Contractual or Discretionary? Considerations when drafting Employment Benefits PoliciesPosted in : Essential Guide to Employment Contracts on 25 March 2019
In an increasingly competitive recruitment market, the onus is on employers to do everything they can to attract the very best talent available. Rewarding work, good culture and career opportunities are all important to prospective employees. However, employment benefits have become a key tool for employers to attract new recruits and distinguish themselves from their competitors.
In drafting provisions for any benefits (whether in the contract of employment or any policy), employers should ensure that they have the right to amend or withdraw any benefit. In the case of bonuses and commission payments, employers should ensure that the exercise of the scheme is at the employer’s discretion,
Already a subscriber?
Click here to login and access the full article.Log in now to read the full article
Don't miss out, start your free trial today!
Are you fully aware of the benefits of Legal-Island's Employment Law Update Service? We help hundreds of people like you understand how the latest changes in employment law impact on your business.
Help understand the ramifications of each important case from NI, GB and Europe
24/7 access to all the content in the Legal Island Vault for research case law and HR issues
Ensure your organisation’s policies and procedures are fully compliant with NI law
Receive free preliminary advice on workplace issues from the employment team at Worthingtons Solicitors
More on Employment Contracts by Mills Selig
- Unlawful Deductions From Wages
- Territorial Issues - What Law and Jurisdiction Applies to Employees Who Work Partly Outside NI?
- Income Protection Policies and Dismissals
- Do Your Employment Contracts Reflect The Needs Of The Business?
- The Impact Of Remote Working On Jurisdiction Of Employment Contracts
The information in this article is provided as part of Legal-Island's Employment Law Hub. We regret we are not able to respond to requests for specific legal or HR queries and recommend that professional advice is obtained before relying on information supplied anywhere within this article.