Bankers’ bonuses may not match expectations, says Eversheds
Eversheds has commented on the news that the majority of UK bankers expect to receive a larger bonus in 2013, warning that bonuses may not match expectations.
Paul Fontes, partner at the law firm, said: ‘While expectations regarding bonus pay-outs for 2013 may be rising, the political environment and public perception means that banks will remain under pressure to keep pay-outs within reasonable limits. As banks prepare for the introduction of the bonus cap in 2014, senior staff may simply get generous rises in fixed pay rather than a big increase in their bonus for 2013.’
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