In Thoma v. Schaefer Elevator Components Inc., 2019 BCSC 100, Mr. Thoma’s employment contract allowed his employer, Schaefer Elevator, to terminate his employment without cause on six months’ notice by providing Mr. Thoma his “contractually agreed remuneration during the six months’ notice period.” Mr. Thoma claimed that this included payment of an annual bonus
bonus payments
Annual bonus payments in Germany
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This post was contributed by Moritz Kunz, Of counsel, Norton Rose Fulbright LLP (Frankfurt a.M.) and Thomas Olbrich, Trainee, Norton Rose Fulbright LLP (Frankfurt a.M.)
Many companies provide their employees with annual bonus payments to that are subject to the terms and conditions of the employment contract, company bonus schemes and/or agreements with …