Remuneration Code: Clawback and the Bonus Cap – Employment Law Blog

Posted July 29th, 2014 in banking, codes of practice, employment, news, remuneration by sally

‘In recent days, two pieces of news related to the most controversial elements of the Remuneration Code have emerged: clawback, and the bonus cap. The Remuneration Code applies to the variable remuneration (i.e. bonus) of certain employees of banks, building societies, investment firms, and some overseas firms of a similar nature.’

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Employment Law Blog, 28th July 2014