“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.

When it comes to rewards, we help with the following:

  • drafting clear contracts, bonus schemes, share option schemes and schemes for other forms of variable remuneration, taking into account specific legislation and regulations, such as the bonus ceiling for financial institutions and the Top Income Standards Act (WNT)
  • reviewing existing bonus and commission schemes
  • negotiate employment conditions and remuneration of future employees. For example, when an employee participates via shares
  • advise on continued payment of wages during illness. To what extent is an employee entitled to continued payment of variable wages and bonuses during illness?
  • litigate wage disputes. For example, by defending (on behalf of an employer) a wage claim or reclaiming payment of wages paid unduly, or by claiming (on behalf of an employee) payment of arrears
bonus aandelen en variabele beloning