Category: Employer

Comments Off on Higher earning parents use flexible working

Higher earning parents use flexible working

Parents who earn more are more likely to work flexibly, according to the charity Working Families. 69% of parents who earn more than £70,000 a year work in a flexible way, compared to 47% of those earning between £10,000 and £40,000. More than two thirds (68%) of all working parents said their work interferes with … Continued

Comments Off on EU workers uncertain over residency status

EU workers uncertain over residency status

EU workers uncertain over residency status

EU employees are concerned about their residency status following the EU referendum.  A British Chambers of Commerce (BCC) survey of 800 companies who employ EU workers found that 41% of businesses say their EU staff are worried. Further findings: 5% have seen members of staff resign 10% have seen their employees express an intention to … Continued

Comments Off on Rewarding your staff this Christmas – a tax guide

Rewarding your staff this Christmas – a tax guide

Rewarding your staff this Christmas – a tax guide

This article outlines some of the different ways employers can reward their staff and the tax implications of each approach. Seemingly as quickly as it came, another year is galloping off into the distance and people’s minds are beginning to turn to the festive holidays. Employers will want to show their staff that the year’s … Continued

Comments Off on Employee Benefits

Employee Benefits

Group Death in Service In order to attract and retain key employees many employers are now looking at a flexible benefit package rather than purely higher salaries. Tax benefits that might be of interest are outlined below. The death of an employee whilst in the service of the company can present the company with a … Continued

Comments Off on New national minimum wage rates from 1 October

New national minimum wage rates from 1 October

New national minimum wage rates from 1 October

New hourly national minimum wage (NMW) rates come into effect on 1 October 2016. Employers are already legally required to pay eligible workers who are 25 or over the national living wage (NLW) of £7.20 an hour. Hourly NMW and NLW rates Age From October 2016 Until October 2016 25 and over £7.20 £7.20 21-24 … Continued

Comments Off on Apprenticeship funding proposals announced

Apprenticeship funding proposals announced

Apprenticeship funding proposals announced

Employers with 50 employees or fewer will have up to 100% of their apprenticeship training costs funded by the government. The government has announced more details about its apprenticeship programme and the funding that will be available to businesses that take on apprentices. The proposals relate to the reform of apprentice funding in May 2017. … Continued

Comments Off on Self-employment growth driven by part-timers

Self-employment growth driven by part-timers

Self-employment growth driven by part-timers

The number of self-employed workers increased from 3.8 million in 2008 to 4.6 million in 2015. Data from the Office for National Statistics (ONS) shows that the number of part-time, self-employed workers grew 88% between 2001 and 2015, compared to 25% for full-time, self-employed workers. Part-time workers accounted for 1.2 percentage points of the overall … Continued

Comments Off on Directors, limited liability partners and auto enrolment

Directors, limited liability partners and auto enrolment

Directors, limited liability partners and auto enrolment

Changes were brought in on 6 April 2016 to employer duties for directors and partners in limited liability partnerships. Here we explain what has changed. Before 6 April 2016… Directors of limited liability companies where there were no other directors or employees were exempt from the employer duties – they didn’t have to be auto … Continued

Comments Off on Steady income as highly valued as salary

Steady income as highly valued as salary

The majority of employees value a steady income as much as the amount of money they receive. A survey by Citizens Advice asked 2,067 people what they valued most from their employment: level of pay (93%) reliability of income (92%) opportunities for experience (84%) being passionate about what they do (82%) progression opportunities (74%). 83% … Continued

Comments Off on Small businesses action plan for auto-enrolment

Small businesses action plan for auto-enrolment

Small businesses action plan for auto-enrolment

With the penalties for non-compliance potentially having a large financial impact on employers, it is important to understand the pitfalls. Among the most common mistakes that a small business might make with regards to auto-enrolment are: not aligning our staging date with payroll payment dates (you can do this by postponing your start date) starting … Continued