Small businesses discover hidden benefits of auto enrolment after implementation

Small businesses discover hidden benefits of auto enrolment after implementation Research from Barclays Corporate & Employer Solutions reveals British SMEs are finding more benefits to auto enrolment after their staging date than initially expected. Only a quarter of businesses (25%) that have not yet auto enrolled believe that the new requirement is a positive benefit for small businesses, with this figure more than doubling (54%) once they have been through the staging process. The research polled over 2,000 senior decision makers from small and medium sized businesses on their latest outlook and experiences of auto enrolment. Of those that agree
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Categories: News.

Childcare change is coming, are you ready?

  What are the changes? The Government will launch the Tax-free childcare scheme in autumn which will see them subsidising 20% of a child’s childcare on costs of up to £10,000 per year, providing savings of up to £2,000 per child. Parents will pay into an account when they are using childcare and the government will add the additional 20%. Once this scheme is launched, no parents will be able to join the existing Government backed Childcare Voucher scheme. Used by more than 500,000 parents in the UK, Childcare Vouchers are a key tool to help parents back into work
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Categories: News.

“But he started it…”

“But he started it…” The grown-up guide to handling conflict in business 1.    Understand individual styles It may not prevent disruption completely, but arming managers with the knowledge of how different people work together can help them nip disagreements in the bud. Psychometric tools such as the Myers Briggs Type Indicator can be useful here, marking out where the friction points might be. Can there be some compromise between people who prefer structure and those who like flexibility? 2.    Get them Talking When you observe that two or more employees may be experiencing issues with one another, don’t assume they’ll
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Categories: News.

A first time half marathon runners story

Lee Freeman one of our associate partners is raising money below is why in his own word As many of you will know, I’m a bit running obsessed. I’ve told some of you why, but for those I haven’t, two of my best friends from school died of heart attacks within 2 months of each other in Jan and Feb 2014. Since my eldest was born in 2008, I’d basically done nothing other than sit on my backside and I was 17 stone (and a little bit) on the night I heard about the second friend.  I got out of
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Categories: News.

TPR’s decision not to publish auto-enrolment list of pension schemes for small employers ‘a serious blow’

TPR’s decision not to publish auto-enrolment list of pension schemes for small employers ‘a serious blow’ A pension provider has said a decision by The Pensions Regulator (TPR) not to publish a list of pension schemes for small employers to comply with auto-enrolment is a “major disappointment”. Morten Nilsson, CEO of NOW: Pensions, said: “Taking action now to help channel these firms to the right places is critical otherwise we run the risk of a pensions train crash which would seriously derail confidence in auto-enrolment.” TPR decided not to publish a list despite the majority of respondents in a consultation
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Categories: News.

Nipping conflict in the bud

Nipping conflict in the bud Picture the scene. You manage a team in a call centre. An employee has stolen a computer game from a colleague’s car and held his keys to ransom. Others are changing the language on each other’s computers or disrupting the working day with excessive noise. Someone defaces an ID card with a permanent marker. Some might be tempted to dismiss it as boisterousness or ‘banter’. But the atmosphere soon spirals out of control, someone ‘flips’ and an employee is attacked at his desk and kicked unconscious. It might sound far-fetched, but the incident was all
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Six tips for effective probationary periods

Six tips for effective probationary periods While there is nothing in law that requires employers to use probationary periods, they are commonly used when an employee joins the organisation and are useful way of assessing performance in a given timeframe. Below are six tips for implementing them effectively. 1. Probationary periods can help avoid performance issues later There is no statutory framework for probationary periods – it is down to the employer to decide whether or not to use them and how long they should last. A probationary period can focus the minds of the employer and the employee to make
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Categories: News.

Have you received a letter from the Pensions Regulator and wondering what to do now?

77% of SME businesses aren’t prepared for auto enrolment – are you?  The letter you’ve received from the Pensions Regulator shows when your auto enrolment duties come into effect.  Now’s the time to make sure you’re ready to comply with the new regulations.  Join our free auto enrolment insight webinar Auto enrolment isn’t just about pensions; it’s about business planning. By joining our free webinar we’ll show you the real impact of the new legislation and: What it means for your business The key decisions you’ll need to make How to comply and engage with the regulations How to avoid
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Categories: News.

Pensions Auto Enrolment: Round up from the Pensions Regulator

Pensions Auto Enrolment: Round up from the Pensions Regulator The Pensions Regulator has provided an update of recent developments and as expected, it’s been a busy start to 2015. The Pensions Regulator has begun sealing the envelopes and posting the first of its ‘all employer’ mail out letters. They’ve refreshed their website, introducing information targeted directly at the many hundreds of thousands of small and micro employers due to automatically enrol staff in the next two years. While they have a new audience every month – as automatic enrolment rolls out to new employers – their core messages remain the
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Categories: News.

Budget Round-Up

Chancellor George Osborne announced the last Budget before the general election on 18 March 2015. Here is a round up of all the key announcements impacting employee benefits: The personal tax allowance will be increased to £10,800 from April 2016, and to £11,000 from April 2017. The allowance, which is the amount employees can earn before they have to start paying tax, will enable the average taxpayer to save £905 a year by 2017-2018. Company car tax rates for ultra-low emission cars will increase more slowly from 2019/20. In addition, rates for other cars will increase by three percentage points at the same. For example, the benefit
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Categories: News.