Many employment law changes came into effect from April 2024, which could have an impact on your business. H-J Dobbie, Head of HR Consultancy at Azets, explores them below. 1. Holiday for variable hours contracts For holiday years starting in April 2024, businesses can revert to the 12.07% method for calculating holiday entitlement and pay […]
Employment Regulation Changes To Be Aware Of Read More »
It has generally been the case that dividends have offered company owners and directors a cost effective and flexible remuneration option compared to a bonus or salary. However, the gap between the two has narrowed more recently, and with the recent Corporation Tax rise from 19% flat rate to an upper rate of 25%, it
Salary or Dividend For Company Owners and Directors? Read More »
A recent survey highlighted that with engaged employees, a company has 21% more profitability and suggests that employee engagement increases productivity by 17%. With the average UK engagement rate of 49%, 51% of employees therefore not engaged, these statistics should definitely not be ignored! In my previous article, I set out the 5 successful employee
EMPLOYEE ENGAGEMENT AND CULTURE – SUCCESSFUL EMPLOYEE ENGAGEMENT STRATEGIES Read More »
All businesses encounter problems at some stage. Good management sees the red flags early and takes corrective action before the downturn sets in and becomes irreversible. The end game may be an insoluble cash flow crisis, but the trouble starts way before then. Budget miss Forecasts are always wrong, the only question is by how
Spotting Problems Early & Acting Decisively Read More »
The International Organisation for Standardisation (ISO) – a worldwide federation of national standards bodies – defines resilience as: ‘The ability of a business to absorb and adapt in a changing environment to enable it to deliver its objectives and to survive and prosper.’ Quite simply, Resilience is the ability to learn from your setbacks and
What is a Resilient Leader? Read More »
The CIPD is warning employers that choosing not to engage with employee representatives could lead to industrial action The latest research from the CIPD, the professional body for HR and people development, shows that a tight labour market, combined with a cost-of-living crisis and falling wages, could fuel further industrial action in the coming months.
Here’s a brief update on resources available to help employers during the Coronavirus pandemic. Including a new furlough letter template and an invitation to register for an upcoming Acas webinar. Coronavirus Job Retention Scheme This HMRC advice page helps you find out if you’re eligible and how much you can claim to cover wages for
Updated Guidance from ACAS Read More »
New guidance setting out how employers can meet their automatic enrolment (AE) duties as they navigate the effects of the coronavirus pandemic has been published today. The guidance is part of The Pensions Regulator’s package of measures to safeguard pensions through these unprecedented challenges. To ensure savers receive the pensions they are due, employers are being
New COVID-19 pension guidance published for employers Read More »
