Clawback – Business Insider Australia

Markets Aug. 29, 2018, 2:11 AM

A little-known contract clause on the rise in major companies enables employers to take back money they have already paid their execs

What is a clawback? A clawback is a provision in which incentive-based pay, like a bonus, is taken back from an employee by an employer following misconduct or declining profits. Clawback clauses in contracts are on the rise among Fortune 100 companies, increasing by 79% from 2005 to 2010. Signing […]

A little-known contract clause on the rise in major companies enables employers to take back money they have already paid their execs

Markets Aug. 29, 2018, 2:11 AM

A little-known contract clause on the rise in major companies enables employers to take back money they have already paid their execs

What is a clawback? A clawback is a provision in which incentive-based pay, like a bonus, is taken back from an employee by an employer following misconduct or declining profits. Clawback clauses in contracts are on the rise among Fortune 100 companies, increasing by 79% from 2005 to 2010. Signing […]

A little-known contract clause on the rise in major companies enables employers to take back money they have already paid their execs

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