Recent content by rain_carter

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    What does deferred revenue haircut mean?

    Hi everyone, I can't seem to understand what deferred revenue haircut means. For example: 2011 and 2012 Operating Income and Adjusted EBITDA exclude one-time expenses related to the acquisition of S1 Corporation but include impact of the $20 million deferred revenue haircut. Combined Guidance...
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    lifetime employment

    I know that I'm not that important :( I'm just curious :) If these employees deal with IT developments, for example, and confidential information, the management may want to make sure this information stays in the company and doesn't leak) And a good way to earn these employees' loyalty would be...
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    lifetime employment

    Thanks, Steve! The employer might want to do that to keep a valuable employee from looking at other companies. In exchange for the employee's loyalty the company may provide them with some additional perks.
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    lifetime employment

    Hi everyone, I've got a question about lifetime contracts. Is there any practice of making such contracts to retain a skilled staff? Are there any examples of contract provisions stating the commitment to lifetime employment in exchange for some additional benefits? Any comments will be greatly...
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    Per Diem allowance for employee on a business trip

    Ok, Thank you very much!
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    Per Diem allowance for employee on a business trip

    Thanks! But are these rules regulating the relationships between an employer and its employees going on business trips specified somewhere in the Labour Law? Or are they provided only by HRMC? There is nothing about it in Employment Rights Act 1996. But shouldn't such things be regulated by...
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    Per Diem allowance for employee on a business trip

    Thanks! That was very helpful! So there is no law that would prohibit employers from reimbursing their employees' business trip expenses based on the receipts provided, but in order to save resources that would go into checking the receipts, employers may choose to pay fixed amounts (in this...
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    Per Diem allowance for employee on a business trip

    Hi everyone, I've got a question about per diem allowances for employees of a for-profit company who travel outside the normal place of work. Does the employer have to pay per diem allowances to the employees on a business trip according to fixed rates set by HMRC, or can they reimburse the...
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