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The age card

19 October 2006 / Paul Randall
Issue: 4080 / Categories: Comment & Analysis
How will the age discrimination regulations impact employee share plans, asks PAUL RANDALL.

NEW REGULATIONS ON age discrimination in the workplace came into effect on 1 October 2006; these are called the Employment Equality (Age) Regulations 2006. Most employers will be aware of this legislation and may be in the process of reviewing their employment practices and policies. However the scope of the regulations is wider than employers may realise.
Many companies particularly if listed operate employee share plans which enable employees to acquire shares in the company for which they work on favourable terms. Such plans often have provisions in the governing rules or are operated in a particular way which could potentially discriminate between employees on the grounds of age. For this reason plan rules and grant policies need to be reviewed and action taken where necessary to avoid potential claims.

Potential discriminatory practice

The main areas where there could be potential age discrimination are as...

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