News & Analysis as of

Germany Compensation & Benefits

Orrick, Herrington & Sutcliffe LLP

#ESOP: How to Deal with the New Case Law on the Forfeiture of Vested Virtual Shares – A Practical Update for Employers and...

Incentive programs like an employee stock option plan or a virtual stock option plan ("VSOP") are widely used by young technology companies ("Company") to reward and retain talent ("Beneficiaries"). A key feature in these...more

Littler

EU Pay Transparency Directive – Worker’s Right to Receive Information

Littler on

EU countries must implement the regulations of the EU Pay Transparency Directive into local laws by June 7, 2026. The Directive introduces new obligations for employers and rights for workers. This includes workers’ right to...more

Orrick, Herrington & Sutcliffe LLP

Lapse of Virtual Stock Options in the Event of Voluntary Resignation – Good Leaver or Bad Leaver?

On March 19, 2025, the German Federal Labor Court (Bundesarbeitsgericht) ("FLC") ruled that a provision in an employee stock option plan providing for the immediate forfeiture of vested virtual stock options in the event of...more

Littler

Germany: Optimizing Severance Pay to Finance Early Retirement

Littler on

Little known and therefore little used in Germany is the option of providing pension contributions instead of severance pay. If an employee has plans to retire early, or if a mutually agreed termination of the employment...more

McDermott Will & Schulte

Verjährung von Ansprüchen auf Urlaubsabgeltung

Bundesarbeitsgericht (BAG) konkretisiert Rechtsprechung - Gemäß § 7 Abs. 4 BUrlG ist Urlaub abzugelten, wenn er wegen Beendigung des Arbeitsverhältnisses ganz oder teilweise nicht mehr gewährt werden kann. Nachdem das BAG...more

Hogan Lovells

Update Bundesarbeitsgericht: Entscheidungsgründe zur „Rider“-Rechtsprechung veröffentlicht

Hogan Lovells on

Am 10. November 2021 entschied das Bundesarbeitsgericht (BAG), dass Arbeitnehmende, die als sogenannte „Rider“ Speisen und Getränke mit dem Fahrrad ausliefern, grundsätzlich einen Anspruch auf Bereitstellung eines...more

Orrick, Herrington & Sutcliffe LLP

Orrick’s 101 – Labor Court Proceedings

Labor court proceedings are of great importance in Germany. Employees and employers often meet again in court, especially when it comes to the termination of their employment relationship. The German labor court procedure has...more

Orrick, Herrington & Sutcliffe LLP

Top Takeaways for Employers from the Latest Decision on German Bike Delivery Services

During the Corona pandemic, bike delivery services experienced a boom in Germany. One provider has been newly listed on the major German stock index DAX, another one is the fastest-growing German unicorn of all times. Major...more

Hogan Lovells

German Federal Labour Court decides on food courier’s entitlement for bicycle and smartphone

Hogan Lovells on

The German Federal Labor Court (Bundesarbeitsgericht – BAG) confirmed the judgement of the Regional Labor Court of Hesse (Hessisches Landesarbeitsgericht – LAG Hessen, file no. 14 Sa 306/20) with its judgement of 11 November...more

Hogan Lovells

BAG: „Rider“ haben Anspruch auf Ausstattung mit verkehrstüchtigem Fahrrad und einem Mobiltelefon

Hogan Lovells on

Das Bundesarbeitsgericht (BAG) bestätigt in seinem Urteil vom 10. November 2021 (Az. 5 AZR 334/21) eine Entscheidung des Hessischen Landesarbeitsgerichts (LAG Hessen, Az. 14 Sa 306/20): Arbeitnehmende, die als...more

White & Case LLP

Replacing Pay with Equity to Preserve Cash in a COVID Economy

White & Case LLP on

As pandemic effects linger, companies intent on avoiding layoffs are looking at compensating workers with equity in lieu of cash as part of their pay. In August 2020, the United Kingdom began winding down its Coronavirus...more

Orrick, Herrington & Sutcliffe LLP

COVID-19-Krise: FAQ zum neuen Entschädigungsanspruch für berufstätige Eltern nach § 56 Abs. 1a IfSchG

Für berufstätige Eltern, die infolge der pandemiebedingten Schließung von Kindergarten, Kindertagesstätte und/oder Schule ihrer Arbeitspflicht nicht nachkommen können, hat der Gesetzgeber im Eilverfahren ein neues Gesetz...more

McDermott Will & Schulte

Covid-19 – Compensation for Loss of Earnings due to Closure of Daycare Centers and Schools in Germany

“SOCIAL CARE ACT” AND THE “ACT ON PEOPLE’S PROTECTION FOR EPIDEMIC SITUATIONS OF NATIONWIDE IMPORTANCE” In response to the ongoing coronavirus (COVID-19) crisis, the laws on people’s protection for epidemic situations of...more

Orrick, Herrington & Sutcliffe LLP

Orrick's 101 - Employment Law In Germany - Employers' Essentials (2020 Edition)

Every player interested or already active in the German market needs to have a working knowledge of the key principles of German employment law which offers a good level of protection to employees. This is especially true for...more

BCLP

Top bankers without termination protection?

BCLP on

The Brexit Transition Act (“Brexit-StBG/Steuerbegleitgesetz” – The Act) will allow banks in Germany to terminate the employment of their high paid employees without following the usual strict requirements of German labor law....more

Skadden, Arps, Slate, Meagher & Flom LLP

Employment Flash - November 2017

Recently Passed US Federal, State and Local and International Employment Laws - This November 2017 special edition of the Employment Flash summarizes certain noteworthy U.S. federal, state and local, as well as...more

Littler

Germany: Performance Target Agreements and Objectives

Littler on

Employees in Germany with a bonus arrangement can claim variable compensation if they meet their agreed-upon or specified performance targets. The level of variable compensation upon full achievement of these targets is...more

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