In this issue, we discuss the UK government’s various significant amendments to the Employment Rights Bill; a Court of Appeal ruling that highlights the challenges for employers in balancing competing beliefs in the...more
4/22/2025
/ Diversity and Inclusion Standards (D&I) ,
Employee Rights ,
Employment Contract ,
Employment Discrimination ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
New Legislation ,
Proposed Amendments ,
Prudential Regulation Authority (PRA) ,
Trade Unions ,
UK
Since the announcement of the UK government’s Edinburgh reforms to financial services in December 2022, which set out a large number of proposals aimed at making London the “world’s most innovative and competitive global...more
12/12/2024
/ Capital Markets ,
Corporate Governance ,
Financial Regulatory Reform ,
Financial Services Industry ,
FTSE ,
Investment ,
Listing Rules ,
Private Equity ,
Regulatory Agenda ,
Stewardship Code ,
UK
Overview of Committee Member Responsibilities -
Compensation committee (Committee) members’ duties and responsibilities generally are outlined in the Committee’s organizational charter approved by the board of directors...more
4/4/2024
/ Clawbacks ,
Corporate Governance ,
Delaware General Corporation Law ,
Dodd-Frank ,
Enforcement Actions ,
Executive Compensation ,
Listing Rules ,
Non-Compete Agreements ,
Proxy Advisory Firms ,
Publicly-Traded Companies ,
Securities and Exchange Commission (SEC) ,
Securities Regulation
The UK government has proposed a number of measures — both legislative and regulatory — to restore trust in audit and corporate governance and maintain the UK’s reputation as a home of sound corporate governance. Some of...more
In this issue, we discuss upcoming regulatory changes as well as recent court decisions with far-reaching implications, including case law on the need to replace share awards on a TUPE transfer and a UK Supreme Court ruling...more
2/7/2024
/ Compensation ,
Employees ,
Employer Liability Issues ,
Employment Litigation ,
Equality and Human Rights Commission (EHRC) ,
EU ,
Harassment ,
Hiring & Firing ,
Holiday Pay ,
International Labor Laws ,
Maternity Leave ,
Paid Family Leave Law ,
Paid Leave ,
Regulatory Reform ,
Sexual Harassment ,
UK ,
UK Supreme Court ,
Wage and Hour ,
Whistleblowers
As predicted in our February 1, 2023, client alert, “ESG in 2022 and Predictions for 2023,” a global economic slowdown and ongoing backlash in the U.S. have slowed the momentum of some aspects of the environmental, social and...more
7/18/2023
/ Activist Investors ,
Biodiversity ,
Competition ,
Corporate Governance ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
EU ,
Financial Markets ,
Financial Reporting ,
Financial Services Industry ,
Green Energy ,
Investment ,
Investors ,
Legislative Agendas ,
Popular ,
Regulatory Agenda ,
Remuneration ,
Sustainability ,
UK
UK Government Plans To Limit Duration of Non-Compete Restrictions in Employment Agreements to Three Months -
As part of efforts to increase the competitiveness of UK firms in global markets and promote their growth, the UK...more
7/13/2023
/ Employee Incentive Plans ,
Employer Liability Issues ,
Employment Contract ,
International Labor Laws ,
Mental Health ,
Non-Compete Agreements ,
Popular ,
Reasonable Accommodation ,
Remuneration ,
Restrictive Covenants ,
UK
A key factor in recent discussions on revitalising London’s place as a capital markets and financial services hub has been a renewed attention on executive compensation. Recent comments made by Julia Hoggett, the CEO of the...more
6/14/2023
/ Board of Directors ,
Capital Markets ,
Corporate Governance ,
Executive Compensation ,
Investment ,
Investors ,
Listing Standards ,
London Stock Exchange ,
Non-Compete Agreements ,
Publicly-Traded Companies ,
Remuneration ,
UK
Overview of Committee Member Responsibilities -
Compensation committee (Committee) members’ duties and responsibilities generally are outlined in the Committee’s organizational charter approved by the board of directors...more
3/8/2023
/ Acquisitions ,
Compensation Committee ,
Director Compensation ,
Eligibility ,
Equity Compensation ,
Executive Compensation ,
Filing Season ,
Financial Adviser ,
Mergers ,
Proxy Advisory Firms ,
Publicly-Traded Companies ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act ,
Stock Exchange ,
Taxation
Following another year of increasing focus on environmental, social and governance (ESG) considerations by companies, investors and regulators alike, ESG appears to have cemented its position in the corporate landscape...more
2/2/2023
/ Business Plans ,
Business Strategies ,
Climate Change ,
Corporate Governance ,
Corporate Social Responsibility ,
Environmental Social & Governance (ESG) ,
Green Energy ,
Legislative Agendas ,
Policies and Procedures ,
Regulatory Agenda ,
Sustainability ,
Sustainable Finance
U.K. institutional investor bodies, including the Investment Association (IA), Institutional Shareholder Services (ISS), Legal & General Investment Management (LGIM) and Glass, Lewis & Co. (Glass Lewis) recently published...more
1/27/2023
/ Coronavirus/COVID-19 ,
Corporate Management ,
Employee Incentive Plans ,
Environmental Social & Governance (ESG) ,
Executive Compensation ,
Glass Lewis ,
Guidance Update ,
Institutional Shareholder Services (ISS) ,
Investment ,
Investors ,
Pensions ,
Remuneration ,
Salary/Wage History ,
Shareholders ,
UK ,
Wage and Hour
This issue of the UK Employment Flash looks at the latest employment law developments and insights about employment law in the U.K., including an exploration of the potential relationship between artificial intelligence and...more
Preface
The duties imposed on compensation committees of publicly traded companies have evolved and grown over time. This eighth edition of the Compensation Committee Handbook from the lawyers of the Executive...more
In this issue, we explore recent employment law developments, news and insights in the UK, including injunctive relief granted in USDAW v Tesco, practical solutions when a contract for services is split among new providers,...more
In this issue, we examine the latest employment law developments, news and insights from the U.K., including a Supreme Court decision on when pay offers to union members outside the collective bargaining process are unlawful,...more
The Investment Association (IA) (Remuneration Principles), along with Glass Lewis (2022 Policy Guidelines) and the Institutional Shareholder Services (ISS) (2022 Benchmark Policies) have published updated guidance for the...more
In this issue of UK Employment Flash, we examine the latest employment law developments from the UK, including the law governing the return to the workplace and flexible working requests and a proposal to impose a duty on...more
9/24/2021
/ Anti-Harassment Policies ,
Coronavirus/COVID-19 ,
Cybersecurity ,
Diversity ,
Diversity and Inclusion Standards (D&I) ,
Employee Privacy Rights ,
Employer Liability Issues ,
European Economic Area (EEA) ,
Financial Conduct Authority (FCA) ,
Flexible Work Arrangements ,
General Data Protection Regulation (GDPR) ,
Information Commissioner's Office (ICO) ,
International Data Transfers ,
International Labor Laws ,
Public Consultations ,
Sexual Harassment ,
Standard Contractual Clauses ,
UK ,
Vaccinations ,
Workplace Safety
The rapidly growing focus on environmental, social and governance (ESG) matters that marked 2020 continued to shape events for companies operating or based in the U.K. and Europe in 2021. Discussions of ESG are occurring at...more
9/3/2021
/ Biden Administration ,
Climate Change ,
Corporate Governance ,
Corporate Social Responsibility ,
Environmental Social & Governance (ESG) ,
Financial Conduct Authority (FCA) ,
Green Bonds ,
Publicly-Traded Companies ,
Securities and Exchange Commission (SEC) ,
Sustainable Finance ,
UK
UK employee and executive share plan and remuneration arrangements were subject to a number of different European Union laws and regulations, which ceased to apply on 31 December 2020. Some areas of ongoing uncertainty and...more
3/2/2021
/ Corporate Governance ,
Data Protection ,
Disclosure Requirements ,
Employee Shareholders ,
Executive Compensation ,
Financial Reporting ,
Financial Services Industry ,
Remuneration ,
UK ,
UK Brexit ,
UK Companies Acts
In this issue of UK Employment Flash, we examine the latest employment law developments, news and insights from the UK, including considerations for employers requiring staff to get the COVID-19 vaccine, the delayed rollout...more
2/22/2021
/ Coronavirus/COVID-19 ,
Corporate Taxes ,
Employer Liability Issues ,
Executive Compensation ,
HMRC ,
Income Taxes ,
Independent Contractors ,
International Labor Laws ,
International Tax Issues ,
National Insurance Contributions ,
Personal Services ,
Popular ,
UK
In a tumultuous year, one of the key clear messages to emerge from 2020 was that environmental, social and governance (ESG) concerns are here to stay. As mentioned in our 31 July 2020 article “ESG in 2020: A Half-Year...more
2/9/2021
/ Biden Administration ,
Climate Change ,
Corporate Governance ,
Corporate Social Responsibility ,
Debt Market ,
Environmental Social & Governance (ESG) ,
Flexible Work Arrangements ,
Green Bonds ,
Popular ,
Publicly-Traded Companies ,
Remuneration ,
Supply Chain ,
Sustainability
The 2020 annual general meeting (AGM) season presented challenges for the remuneration committees of U.K. listed companies, which look set to continue into the 2021 season. Executive compensation, the widening gap between...more
In this issue, we examine the latest employment law developments, news and insights from the UK, including an HMRC bulletin confirming protections for participation in certain tax-advantaged share schemes amid the pandemic, a...more
11/20/2020
/ Collective Redundancies Directive ,
Coronavirus/COVID-19 ,
Data Protection ,
Employee Monitoring ,
General Data Protection Regulation (GDPR) ,
HMRC ,
Information Commissioner's Office (ICO) ,
International Labor Laws ,
Job Retention Schemes ,
Joint Statements ,
No-Deal Brexit ,
UK ,
Wage and Hour
Investors have historically overlooked social factors amid a focus on the environmental and governance counterparts as they assess the merit of an investment. This may have been due in part to the difficulty in quantifying...more
10/31/2020
/ Black Lives Matter ,
Board of Directors ,
Coronavirus/COVID-19 ,
Corporate Social Responsibility ,
Diversity ,
Environmental Social & Governance (ESG) ,
EU ,
Executive Compensation ,
Financial Conduct Authority (FCA) ,
Gender-Based Pay Discrimination ,
Incentive Awards ,
Institutional Shareholder Services (ISS) ,
Investors ,
Modern Slavery Act ,
Prudential Regulation Authority (PRA) ,
Publicly-Traded Companies ,
Remuneration ,
Shareholder Activism ,
Supply Chain ,
UK ,
United States ,
Wage and Hour ,
Working Conditions ,
Workplace Safety
Employee share schemes are widely used by UK companies as a key tool in the recruitment, retention and incentivisation of the workforce. By allowing employees to acquire a stake in the business in which they are employed,...more