Subsea 7's flexible benefits scheme and its employee share purchase plan have helped boost employee engagement, recruitment and retention.
In MITIE Managed Services Ltd v French and others, the EAT holds that a contractual right to participate in an employer's profit-sharing scheme may, following a TUPE transfer, become a right to participate in a scheme of "substantial equivalence" only, if the right to continue participating in the original scheme is absurd, impossible or unjust.
A recent ruling means companies could be obliged to set up comparable benefit schemes when taking on TUPE staff. By Harriet Bowell of Stephenson Harwood.
Continuing our series on the implications of recent significant cases, Chris Middleton of Kemp Little's employment group looks at the issues surrounding some employment-related disputes.
This week's case roundup, covering the unlawful cancellation of share options and the definition of an "undertaking".
The High Court's decision in Micklefield v SAC Technology Ltd illustrates how employees' rights under employee share option schemes can be affected by the termination of their employment.
HR and legal information and guidance relating to employee share schemes.