Adam Hugill explains how to avoid legal problems around understanding bonuses.
He highlights the different types of bonuses that generally employers pay in Hong Kong: thirteen-month pay, commission-types bonuses (mostly connected to sales target achievements), discretionary bonuses, sign-on or retention bonuses…
Adam also adds details regarding the way such bonuses work and advises employees to ask specific questions on how such financial rewards operate. Moreover, he clarifies issues on challenging bonus payments and helping clients to navigate potential disputes between employers and employees. Often such challenges become part of the discussion when an employment relationship come to an end or termination.
In order to avoid challenges, employers should provide clear explanations about criteria that are used to calculate bonuses, while the reality is that they tend to be slightly vague when financial rewards are on a discretionary basis.
The programme was broadcast on The Close – RTHK Radio 3 and is available for access on the Podcast One section of RTHK AM567 website.
Copyrights: RTHK
