01-02-2021
You are not alone. Did you know that 48% of businesses introduced changes to their payroll processes due to COVID-19? A YouGov study in November 2020, conducted by IRIS Software Group, has looked at the impact the pandemic has had on small businesses and how they have managed their payroll. According to the survey, 29%
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28-01-2021
Are you starting a new business during the pandemic? COVID-19 has hit our economy hard. A global recession is likely, and many businesses are looking at their best options for survival. However, amid the anxieties and stresses we are all currently facing, an economic downturn creates opportunities. Many successful global businesses have grown out of
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22-01-2021
A recent consultation conducted by the Financial Reporting Council (FRC) lists training and skillsets as the top concerns for using technology to enhance audit quality. The use of artificial intelligence (AI) and machine learning (ML) is increasingly popular for improving audit quality. However, several audit firms and professional bodies who responded to the consultation point
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18-01-2021
We look at why it’s necessary to carry out regular checks on your HR policies and processes. In June 2020, HR Manager Bal Dhesi highlighted some key questions employers should consider before making decisions surrounding their staff during the initial stages of the COVID-19 pandemic. Our lives continue to be unsettled by the changing landscape
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13-01-2021
“The best advice I can give to an employer regarding difficult employee behaviour is to have clear and trusted guidelines in place. Even if, as a firm, you want to be the best employer you can be to your employees with the most outstanding benefits, there need to be the right policies in place for
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13-01-2021
“We worked with a leading executive search company with 30 employees and well-established policies and contracts of employment in place. However, this particular company lacked clear internal processes, working from disorganised files and spreadsheets everywhere as well as questionable accuracy of their holiday records. The company recognised that it needed to implement a secure and
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13-01-2021
“We experienced this challenge with a start-up business, whose company grew from only a handful of employees to over 20 staff members within a very short period. Building a team so quickly and finding the right talent, without clear expectations or defined responsibilities, can expose a company to an unsettled workforce. We know that finding
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12-01-2021
In its first month, the Government's Kickstart Scheme has created 19,000 jobs and, 4,359 employers apply across Great Britain, with more business applications accepted each week. This initiative will cost £2billion and will create 250,000 job opportunities. The Kickstart Scheme is an ‘innovative way to help young people to work and spur Britain’s economic revival’,
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11-01-2021
With many businesses focussing on reducing their workforce, employee retention may not be a business owner’s priority. However, having a high staff turnover will impact your cash-flow, so retaining your talented, skilled workforce is key to your business’s recovery. So, what employee retention strategies should you put in place? Appreciate your employees Perhaps a simple
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08-01-2021
As we find ourselves in another national lockdown, the government has increased support by introducing £4.6b towards new lockdown grants to support businesses. This update covers the details of these new grants together with some recent updates across the government’s other COVID-19 business support measures. Coronavirus Job Retention Scheme (CJRS) Self-Employment Income Support Scheme (SEISS)
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