Q&As

Can a company (with agreement from their employee) reduce their employee's annual salary by £x if they give the employee a new Z share that yields £x per annum?

read titleRead full title
Published on LexisPSL on 26/04/2016

The following Share Incentives Q&A provides comprehensive and up to date legal information covering:

  • Can a company (with agreement from their employee) reduce their employee's annual salary by £x if they give the employee a new Z share that yields £x per annum?

Can a company (with agreement from their employee) reduce their employee's annual salary by £x if they give the employee a new Z share that yields £x per annum?

As long as the company obtains agreement from their employee, the employee’s annual salary can be changed. No change can be made

Related documents:

Popular documents