Find out why work-life balance is important in the Canadian Work-life Balance Report. Key findings include the most important benefits to in-house counsel in Canada, the impact of caregiving on recruitment and retention and ways companies can maintain productivity and promote balance.
To better understand the state of work-life balance among in-house lawyers, the Association of Corporate Counsel (ACC), the world’s largest organization dedicated to corporate counsel, reached out to more than 30,000 lawyers. This study explored the perceptions, experiences and intentions of in-house counsel by tenure, department size, industry, region, gender, caregiving status and other key metrics. Findings from this study provide insight into how organizations and leaders can benefit from the positive business outcomes of encouraging and fostering a climate of work-life balance for corporate lawyers.
This article looks at Phantom Share Plans (a “PSP”) which allows an employee to share in the company’s future growth without the principals giving up ownership in the company.
The draft Finance Bill 2014 proposes a number of changes to the approval process for employee share schemes. The changes include the introduction of an electronic notification process and online annual return filing system and the replacement of the HMRC approval process by a self-certification regime. Enactment of the Bill is expected by summer 2014. The following article summarizing the impact of the Bill as currently proposed and the steps companies will need to take.
This paper synthesizes the existing guidance from the U.S. Equal Employment Opportunity Commission (EEOC) and case law on leave as an accommodation, to provide insights, direction, and best practice suggestions for managing ADA leave of absence obligations.
The Regulator’s draft Code on funding defined benefits aims to strike a balance between employers’ pension obligations and their ability to invest in sustainable business growth. There’s a greater emphasis on living with risk: understanding and managing it, rather than eliminating it. The key is to hold three elements – funding, investment and the employer covenant – in balance. This article looks at how trustees are supposed to do this, and how the Regulator will measure their success.
The new regulatory framework for defined contribution pension arrangements is now live. It applies to all trust-based schemes providing DC-type benefits, whether wholly DC, elements such as AVCs in a defined benefit scheme or DC benefits with a DB underpin. The Regulator expects trustees to assess their schemes against its quality features and will monitor compliance. The following article provides an overview of the framework.
Dormant pots carry a significant administration and cost burden for pension schemes; the number of these pots could increase quickly once the power to make short service refunds from DC schemes is abolished (expected in 2014). What can administrators do to limit the burden of dormant pots? This bulletin sets out options to help schemes and members minimise the accidental creation of DC pots and consider the full range of options for dealing with existing deferred pots.
One year into the auto-enrolment regime, some of the complexities encountered so far by employers in practice will shortly be ironed out. New regulations will introduce more flexibility for employers, including those who have already staged into the regime. The changes cover a range of issues, from basic elements such as the deadline for auto-enrolling an eligible worker to technical points on the test scheme standards; and introduce alternative definitions of pay reference periods.
A Model Association CEO Employment Agreement, which is favorable to the executive.