This content is from: United Kingdom

Bonus deferral could leave companies facing reputational issues

Data published this week by the Office for National Statistics (ONS) shows that bonus payments paid in the whole UK economy were £1.7 billion ($2.6 billion) higher in April 2013 than in April 2012. This shifting of the bonus season – to avoid employees being hit by the higher rate of income tax – is a sign that at least some companies are shunning perceived reputational concerns about bonus deferral.

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