Reward management

Index here items on reward strategy and remuneration, pay structures, pay policy and practices, salary and payroll administration, total reward, minimum wage, executive pay and team reward.

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    How to Run Successful Incentive Schemes

    Book Author John G Fisher Publisher Kogan Page (01903 828800) Price £21.99 ISBN 0 7494 3407 4 This book contains practical advice for managers looking to develop performance improvement programmes. Incentives may range...

    Clear advice on bonus schemes

    The ruling, in the case of Clark v Nomura (see Legal checklist, page 21), means that employers must exercise their discretion in a manner that is not “perverse” or irrational. The only protection open to employers...

    Bonus of contention

    A recent successful claim, in Clark v Nomura International plc (6 September, QBD 00TLQ/0092) made the headlines, partly because of the sum involved (£1.35 million) but also because the money represented a discretionary...

    Pilkington overhaul gives clear benefits

    When Paolo Scaroni became chief executive of Pilkington three years ago, he surprised board members at the conservatively run company by asking to be paid in shares. “I am a big fan of share ownership, but not of share...

    Pilkington extends scheme to pay directors bonuses in shares

    Glass manufacturer Pilkington has revealed fresh plans to tie senior managers’ pay to company performance, a fortnight after it had announced it was to become the first UK company to pay non-executive directors exclusively...

    Christmas comes early for Goldman Sachs employees

    When Goldman Sachs went public at the beginning of this month, everyone from chairman and chief executive Hank Paulson down to the security guards were given shares in the firm. The generosity of senior bosses has left low...

    Millennium bonus for NHS staff

    Unison, the health service union, has asked for flat-rate bonuses of £500 for its members working overnight shifts on 31 December 1999 and £250 for the first morning shift on 1 January 2000.