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Employees Bonuses Employee Benefits

Roetzel & Andress

Illinois Supreme Court Holds Overtime Rate Must Include Non-Discretionary Bonuses Unless They Are Gifts

Roetzel & Andress on

The Illinois Supreme Court held employers violate overtime law by not including non-discretionary bonus payments when calculating employees’ overtime rate. The case is Mercado v. S&C Electric Co., 2025 IL 129526 (Jan. 24,...more

Littler

Ontario, Canada Court Awards Retired VP $1.8 Million in Damages for Unpaid Vacation, Deferred Bonus and Unvested Stock Options

Littler on

In Boyer v. Callidus, 2024 ONSC 20, the Ontario Superior Court of Justice found that an employee was entitled to $1.8 million in damages for unpaid vacation, bonuses, and stock options, because the terms of the relevant...more

Ius Laboris

UK ends cap on bankers’ bonuses

Ius Laboris on

It’s official. The UK’s cap on bankers’ bonuses has been lifted. There are some opportunities for firms here, but it shouldn’t mean a return of excessive risk taking....more

Ius Laboris

Eco-KPIs and eco-benefits

Ius Laboris on

ESG KPIs may be an opportunity for employers to boost their competitive advantage vis-à-vis both customers and employees. While ESG-based bonus plans and benefits packages are now commonly used in several industries, many...more

Verrill

When Cash is not King: Holiday Gifts as “De Minimis” Fringe Benefits

Verrill on

To celebrate the holiday season, this post highlights the tax consequences of employer-sponsored holiday perks such as gift cards, turkeys, hams and gift baskets. Under the current tax rules, employers may give infrequent low...more

McDermott Will & Schulte

Weihnachtsgeld trotz Kurzarbeit?

McDermott Will & Schulte on

Auswirkungen krisenbedingter Ausfallzeiten auf jährliche Sonderzahlungen Ende November 2021 hat das BAG entschieden, dass sich bei Kurarbeit „Null“ der Urlaubsanspruch zeitanteilig verringert (9 AZR 234/21). Der...more

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