KIAP Academy presents the business breakfast: “Bonuses: how to pay and not to pay?”

27 October 2017

KIAP Academy presents the business breakfast: “Bonuses: how to pay and not to pay?”

On October 26, 2017 KIAP, Attorneys at law,​held a business-breakfast devoted to “Bonuses: how to pay and not to pay?” in LOFT Ministry.

Questions connected with the payment of bonuses become more and more relevant by the end of each financial year. The speaker of the event, Head of projects of Employment practice of KIAP Georgy Karaoglanov, with the participation of KIAP Partner Konstantin Astafiev and Head of Commercial practice Julia Kirpikova shared the practical experience with participants, told about the main risks of bonus systems i​n companies, problematic aspects of motivation programs and procedure of their identifying and their elimination at the pre-trial stage. Moreover,​event attendees have looked through specific actual cases on bonus payment and refusal of bonus payment in court, and paid attention to related aspects of the stated topics: tax, corporate, subsidiary and even criminal liability which may arise out of the relations of employers and employees, top managers and shareholders of companies on the payment of bonuses and other incentive payments, including upon termination of the employment contracts.

Among the participants of the event were business owners and company executives, heads and managers of ​l​egal d​epartments, and also heads of HR Departments of the leading Russian and international companies.

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Headed by Attorney at law and Partner Konstantin Astafiev, the practice provides full range of legal services in employment, sports law and dispute resolution, as well as legal representation of employees and employers in court, representing clients in disputes with trade union involvement and companies in labor disputes with top management. The Practice is recommended by the international ratings Legal 500 EMEA and Chambers Europe, as well as the Russian legal directory and Pravo-300 "Sympathy rating". Konstantin Astafiev is personally recommended by international legal rankings Legal 500 EMEA 2019 (Tier 1 in White-collar crime), Best Lawyers 2020 and Chambers Europe 2013. According to the Best Lawyers 2013 Konstantin was awarded 'Lawyer of the Year' for his work in support of litigation in Russia. The clients of the Practice are major Russian and international trade and industrial companies, IT and TMT corporations, investment funds and industrial suppliers, as well as sport champions and well-known sports clubs.

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