Lump-Sum Payment For Employee Expenses

Law360, New York (November 28, 2007, 12:00 AM EST) -- On Nov. 5, 2007, the California Supreme Court issued its opinion in Gattuso v. HarteHanks Shoppers Inc., holding that an employer may indemnify employees for reasonable and necessary business expenses under California Labor Code § 2802 (Section 2802) by paying employees enhanced compensation in the form of salary or commissions.

The Court concluded, however, that there must be a means or method for apportioning the enhanced compensation between expense reimbursement and wages/salary, so as to delineate which amount is for labor performed and which is to...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.