Year-end bonuses and benefits
Year-end bonuses and benefits
Podcast
Year-end bonuses and benefits
Podcast
Nadeem highlights that there is no legislation within the South African context which obliges employers to pay bonuses to employees.
There are two ways in which bonuses can be regulated. The first is that it is a guaranteed right by way of an employee’s contract of employment or remuneration policy. The second is where a bonus payment is dependent on the discretion of the employer.
Nadeem also speaks to the exercise of an employer's discretion and whether employees can claim that an employer has exercised its discretion unfairly.
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