TMT legal update: liability for holiday pay
A series of recent cases may oblige employers operating in technology, media and telecoms (TMT) to include average overtime, commission/bonuses and allowances when calculating holiday pay. This liability could be retrospective, extending back six years and possibly to 1998, exposing employers paying significant overtime, commission and allowances to very substantial liability.
Employers operating in the sector should therefore audit their exposure to claims and take advice on how to mitigate this risk and secure appropriate indemnities covering liability for historic shortfalls in holiday pay when acquiring businesses with staff…
Click on the link below to read the rest of the Eversheds briefing.
News from Eversheds
News from The Lawyer
Briefings from Eversheds
This act enables the secretary of state to introduce regulations that will allow undertakers to exit the competitive part of the retail market.
For many years, pregnant women who are employees have had the right to take time off work to attend antenatal appointments. That right will now be extended to other expectant parents.
Analysis from The Lawyer
Which firms are cutting it in this era of slimline rosters, and who are the GC new brooms making clean sweeps? The Lawyer can reveal all
A new breed of lawyer is smoothing the path for companies entering emerging or unstable jurisdictions