by Amy  23/04/2020  0 Page Views
3 Comments  Employment law, compensation law

Hi,

My company (Victoria based) has a provision for a Incentive scheme in our contracts which has a value attached to it. This, per the contract, should guarantee employees a number of unit certificates per year based on the valuation of the company every year. The company is privately held.

In the last 7 years, not a single unit certificate has been allocated and the scheme has not been detailed in any manner either. Considering the incentive scheme was put forward as an incentive for employees to leave their previous employers and join the company and it's actually in the contract, is this a breach of our contracts? If it is, what avenues do we have here to seek compensation?

Regards,

Frustrated Employee