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What are Discretionary Bonuses?

Discretionary bonuses do not confer the employee a contractual right to a bonus, rather, payments are made at the employer’s own discretion and on the employer’s own terms. Nor do they generally give rise to any legitimate expectation of a future bonus.

There exist two types of discretionary bonuses:

Farore Law is a leading boutique law firm that has a wealth of experience in advising senior executives on employment matters. We are well placed to provide appropriate advice regarding the enforceability of contractual terms, seeking a settlement agreement and commencing or defending litigation in the High Court or the Employment Tribunal.

Please contact us if you require legal advice.