Publications - Human Capital Services
Reflecting sustainability criteria in pay is key to achieving ESG goals
An increasing number of companies are taking sustainability criteria into consideration not only in executive and director pay, but also in the pay of their staff as a whole, in order to better achieve their ESG goals. We addressed this dynamic in…
EIOPA is preparing new rules on remuneration in the insurance and reinsurance sector
The draft prepared by the european authority, pending publication of the final opinion, will apply to the remuneration of certain professionals of insurance and reinsurance companies.
Brussels approves CRD V containing new legislation on remuneration
On May 20, 2019, the presidents of the European Parliament and the European Council signed the Directive of the European Parliament and of the Council amending Directive 2013/36/EU as regards exempted entities, financial holding companies,…
Compensation systems as a tool for managing start-up talent
One of the challenges a business association faces in the early stages of its creation and development is how to attract and retain high-potential employees, known as “key people,” in today’s strikingly competitive labor market.…
Flexible compensation permits employees to receive tax-efficient income in kind
Flexible compensation permits employees to decide how to receive their salary, replacing part of their cash salary (where certain statutory requirements and limits are met) with certain items of salary in kind, which are also advantageous from a tax…
Trends in Medium- and Long-Term Incentive Plans for Senior Executives in Spain
The compensation paid to directors and executives is a matter of growing public interest. Regulatory and supervisory bodies, institutional shareholders, and proxy advisors are all paying particular attention to the compensation policies in place for…
EU Parliament approved on April 16 new capital requirements for banks and limits to variable remuneration
The EU Parliament approved on April 16, 2013 an important legislative package that imposes more demanding capital requirements for banks with the intention of facilitating the credit flow to the real economy and of reinforcing the sector in dealing…
Financial sector bonuses to be capped
Last week the Economic Affairs Committee of the European Parliament, the European Council and the European Commission reached an initial political agreement to place stricter rules on financial sector remuneration.
Updates Labour 12-2012
Royal decree-law 23/2012, of august 24, 2012, extending the vocational retraining program for individuals exhausting their unemployment benefit (“prepara plan”)
Updates Labour 10-2012
ROYAL DECREE-LAW 20/2012, OF JULY 13, 2012, ON MEASURES TO ENSURE BUDGET STABILITY AND ON ENCOURAGING COMPETITIVENESS
Updates Tax 5-2012
NEW TAX LEGISLATION IN ROYAL DECREE-LAW 20/2012