Obligations for Pay ReviewsPosted in : How do I handle it NI on 11 February 2014
This month’s problem concerns: Our Company has had a particularly tight financial year. It is coming round to pay talks shortly and on the last management accounts, it appears unlikely that we will be able to afford a pay rise. What does the Company have to do in order to comply with its obligations for pay review?
Patricia Rooney from the Employment team at Tughans writes:
The Company’s obligations will depend on the provisions of their contract with employees. Most employment contracts confirm that the employer will carry out a pay review on a specified date/month every year. Usually the pay review period coincides with the end of the Company’s financial year.
Whilst a considerable number
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This article is correct at 06/08/2015
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