Documents related to 'Bonus payment clause'
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Retention bonus letterA retention bonus is a payment offered as an incentive to keep a key employee in your employment during a particularly crucial business cycle. Our letter sets out the amount of the bonus and outlines when, and in what circumstan... Read more
12 Apr 2019
Bonus payment letterWhere you decide to pay a discretionary bonus to an employee, use our bonus payment letter to notify them of this and the amount.Fair exercise of discretionWhere the payment of a bonus is expressed to be discretionary, you still h... Read more
06 Jul 2022
Approved English apprenticeship agreementEmployers are allowed to employ apprentices on contracts of employment, rather than on contracts of apprenticeship, subject to complying with specified conditions. Our approved English apprenticeship agreement... Read more
27 Dec 2023
Career breaks policyCareer breaks are often a useful way of ensuring that long-serving employees don't permanently leave your employment. If you do wish to include a provision for career breaks, always ensure they are discretionary and not contractual... Read more
08 Nov 2009
Written statement of employment particularsIssuing at least a basic statement of the main terms and conditions of employment is a legal requirement. But the use of a full-blown contract with clauses tailored to suit your needs offers you far greater ... Read more
24 Mar 2024
Apprenticeship agreementEmployers are allowed to employ apprentices on contracts of employment, rather than on contracts of apprenticeship, subject to complying with a number of specified conditions. Our apprenticeship agreement complies with those c... Read more
27 Dec 2023
Letter declining a career breakIf you refuse to grant an employee time off work for a career break or sabbatical, you should ideally confirm your position in writing, even if you already have a policy in place which sets out the grounds on which you ... Read more
11 Apr 2017
Leaves of absence policyIn addition to annual leave, sickness absence and the various statutory rights to time off (for example, maternity leave, parental leave, paternity leave, time off for dependants, parental bereavement leave, etc.), employees m... Read more
02 Apr 2024
