Roundup: Global employer resources on minimum wage increases
To help multinational employers address the different minimum wage rates around the world, this roundup provides some information and links to resources from…
The European Banking Authority (EBA) invites input by 29 Jan 2021 on proposed revisions to the Guidelines on Sound Remuneration Principles. Revisions are needed in order for the guidelines to comply with the European Union’s (EU) capital requirements directive (CRDV) that will take effect on 28 Dec 2020. The EBA’s proposed revisions address restrictions on variable pay, the application of gender neutral remuneration policies, and risk management measures. The EBA says the proposed revisions are more limited in scope than those made in 2015, and the new guidelines will be finalized during the first half of 2021.