Cutting Back on Perks and BenefitsPosted in : Supplementary Articles NI on 17 August 2010
We have asked the Corporate Legal Services department of PwC to set out advice in relation to 'perks' at work and their possible removal in order to save costs.
Although not legally defined, employee perks are generally recognised to be the little extras that make going to work more enjoyable, such as free fruit and snacks, Friday drinks, or the summer barbeque. Commonly perks arise from unwritten practices, which may not amount to contractual entitlements, and which contrast with what we consider to be the more fundamental contractual benefits, such as medical insurance, pension or holiday.
Perks, but more particularly benefits, can be used to attract and retain talent, potentially reducing
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
This article is correct at 06/08/2015
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.