“With a good remuneration policy, valuable employees can be retained for longer. This requires creative solutions and a tailor-made approach”
Employees can be rewarded for their work in many different ways.
In addition to the fixed salary, bonus or commission schemes can be agreed upon. Variable compensation may be awarded in cash or other forms such as stock options, certificates or bonuses related to the (increase in) value of the company. A distinction is often made between short-term and long-term incentives.
But also think of other forms of reward. Such as flexible working hours, the possibility to work from home, pension, a lease car, extra free time and the possibility of personal development through extra education and training. Job security and work atmosphere can also be important drivers.
Compensation and benefits in practice
How can we properly lay down these agreements in writing? What do we have to take into account? Is an employee entitled to continued payment of wages during illness? What are our options if the case goes to court?
On the basis of cases in which we advised, you can see exactly how our firm can be of service.