Do You Have to Pay a Sign on Bonus Back?

Is do You Have to Pay a Sign on Bonus Back a hot topic right now? Read the pros and cons in our dedicated article.

The legislation will apply to bonuses paid in 2015 and applies to all ‘Code Staff’ (i.e. those identified as senior managers or those performing significant influence functions). The cap prevents bonuses of more than 100% of your salary being paid out, although this can rise to 200% of your salary with shareholder approval.