This post was contributed by Daniel Jacobs, Trainee Solicitor, Norton Rose Fulbright LLP, London Gender Pay Gap Reporting What is the gender pay gap? Despite a longstanding prohibition on gender discrimination, on average, woman still earn less than men in the UK. According to the Office for National Statistics, in 2015, the gap between … Continue reading
As we mentioned in our blog post on April 9 the Small Business, Enterprise and Employment Act 2015 (SBEEA) contains a number of reforms, many of which are aimed at enhancing the transparency of UK companies. One such reform is the provision relating to equal pay transparency which will require employers with 250 or more … Continue reading
The growth of Australia pay rates remains at a record low. The Australian Bureau of Statistics (ABS) Wage Price Index (WPI) indicates that pay rates increased by just 2.5% over the 12 months ending on 30 September 2014 (WPI September 2014 Key Figures). This was the 6th consecutive quarter in which through the year rises … Continue reading
It is common practice for companies to pay their employees a variable remuneration based on their performance. Such remuneration has become an increasingly popular component of employee compensation as it constitutes a very effective way of ensuring employee commitment. French case law permits such remuneration but lays down strict conditions to be complied with. Consequently, … Continue reading
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