Remuneration and employee participation
Remuneration within companies has become a political issue; politicians are responding with legal acts. This means that the regulatory requirements relating to the remuneration systems for staff, managing directors and board members have been constantly increasing on national and international levels for several years. While international companies endeavour to structure their remuneration systems and incentive plans in a uniform way at a global level, the terms & conditions of these systems and plans are being treated by courts as general terms and conditions of business and are thus being subjected to corresponding controls. Remuneration systems are subject to comprehensive disclosure requirements.
The development of remuneration systems that are both lawful and reasonable requires detailed knowledge of the regulatory environment and past rulings, as well as inside knowledge of standard industry procedures. Corresponding forensic experience is also required when it comes to defending against unjustified claims. In the case of global systems, knowledge of the legal and tax requirements in all countries involved is necessary, together with an ability to combine these in order to create a reasonable whole. Allen & Overy's global Employment & Benefits Group represents a decisive advantage for our clients in this regard.
At the interface with questions relating to corporate governance, which are often raised in connection with the remuneration of managing directors and board members, the lawyers in our German Employment & Benefits practice group often form interdisciplinary teams with corporate law colleagues in order to provide national and international companies with the best possible solution.
Le nostre aree di specializzazione
News and insights
Publications: 05 January 2024
Le novità del 2024 in tema di lavoro e previdenza tra Decreto Anticipi e Legge di Bilancio
Come da tradizione, le settimane a cavallo tra il vecchio e il nuovo anno vedono l’introduzione di una serie di rilevanti misure per imprese e lavoratori. Il 2024 non fa eccezione: qui di seguito una…
Publications: 14 December 2023
Whistleblowing: pronti al via?
Ai blocchi di partenza le nuove norme sul whistleblowing che dal 17 dicembre riguardano anche le aziende fra i 50 e i 249 dipendenti, già applicabili dal 15 luglio 2023 per gli altri soggetti.
Publications: 09 May 2023
Decreto lavoro: novità per imprese e lavoratori
In data 4 maggio 2023 è stato pubblicato in Gazzetta Ufficiale il Decreto Legge n. 48/2023, c.d. “Decreto Lavoro” ( il Decreto) che introduce, con decorrenza immediata, misure a sostegno del reddito…
Publications: 03 August 2022
Decreto Trasparenza: Nuovi obblighi informativi per il datore di lavoro
In data 29 luglio 2022, è stato pubblicato in Gazzetta Ufficiale il Decreto Legislativo n. 104 del 27 giugno 2022 (c.d. Decreto Trasparenza, o il Decreto), che ha recepito la Direttiva UE 2019/1152…
Riconoscimenti
very strong in the assurance of clients, professionally excellent, precise in expression
competitor, JUVE Handbook 2015/2016
Hans-Peter Löw enjoys excellent visibility in the financial services sector, predominantly advising institutions on their remuneration and bonus systems.
Chambers Europe 2016
Dr Hans-Peter Löw, Lawyer of the Year 2016 for Labour and Employment Law, Hesse
Germany’s Best Lawyers 2016“, BestLawyers@ Handelsblatt
very solution-oriented and reliable
client, Legal 500 2016
The remuneration group is showing an ongoing strong development.
JUVE Handbook 2016/2017