Belgian Minister of Finance proposes Corona premium of EUR 1.000
In practice and also in recent media coverage, the question was raised whether employers/companies can provide employees with a (tax beneficial) cash incentive – other than a regular bonus payment – in order to motivate and reward employees who (are not staying at home due to temporary unemployment measures and who) are still allowed and
Changes to the system of non recurring result linked benefits
Last month, the National Labour Council approved the Collective Bargaining Agreement nr. 90/3, which introduced a number of changes to the regulations on non recurring result linked benefits. Introduction The system of non recurring result linked benefits was introduced by the Collective Bargaining Agreement nr. 90 and allows employers to grant bonuses to their workers,
Meal vouchers and non-recurring collective bonuses – adjustment to maximum amounts
The Act of 6 December 2015 contained the following adjustments with respect to ‘meal vouchers’ and ‘non-recurrent collective bonuses’, applicable as from 1 January 2016.
Meal vouchers and non-recurring collective bonuses – Adjustment of maximum amounts
The Council of Ministers has introduced a draft bill in Parliament. This draft legislation envisages two specific measures with respect to ‘meal vouchers’ and ‘non-recurring bonuses’, which are planned to enter into force as of 1 January 2016 if approved by Parliament: The maximum amount of the employer’s contribution for meal vouchers would be increased from
Proposal to increase the maximum amount for non-recurring collective bonuses
On 6 March 2015, the Federal Council of Ministers approved a draft Royal Decree to increase the maximum (gross) amount of non-recurring collective bonuses from EUR 3,100.00 to EUR 3,169.00 as from 1 January 2016. The Federal Labour Council also approved the draft Royal Decree and has now requested to increase the maximum amount to