For small businesses running payroll can be a headache and fear of making mistakes means it can be very stressful. Unfortunately, Payroll is difficult, and errors can be expensive. This is why there is a professional body for payroll professionals (CIPP) which has exams which are tough to pass.[continue reading…]
HR and Staff Management
A collection of our core guides on HR and Staff Management for small business owners:
In October of last year, the University of Bristol released a report that revealed some rather sobering statistics. From a sample size of over 3,500 new parents, fewer than 30 per cent of women were still working self-employed or full-time — even three years after childbirth. At the same time, nearly 90 per cent of men of new fathers carried on with business as normal.[continue reading…]
Which matters more: recruitment or retention? Many employers struggle to answer this easy question. Every organisation is powered by its people, and hiring the right people starts with strong recruitment. Typically, employers believe that finding talented, motivated, experienced, and high-potential applicants to fill open positions is the best way to ensure a prosperous future of growth and innovation. But how much is that talent worth if it walks out the door after a year or two? Retaining existing employees means building institutional knowledge in your workforce and generating more stability.[continue reading…]
Leadership is an amazing experience. It gives you the opportunity to shape and influence an organisation and, perhaps more nobly, to turn a vision and a dream into reality. That said, leadership can be hard, and people often harbour unrealistic expectations about what is involved.[continue reading…]
You’ll be aware that HMRC is bringing in new, stricter rules around using contractors and consultants, known as IR35 effective April 2020. These new rules are intended to stop contractors, freelancers and consultants being used as “disguised employees” to avoid paying tax and benefits.[continue reading…]
Hiring employees to your business is a sign of growth and expansion and something that should be celebrated. However, it can be a daunting process, especially if you don’t have any experience in hiring staff and employees. You must therefore be prepared to ensure that you have made a good decision and hired the right person.
A study has shown that many talented professionals are using search engines such as Google to look for work. This means that you can use SEO to attract the best talent available. As a result, you may be able to reduce the time, effort and costs involved in acquiring the top talent.[continue reading…]
Hiring your first employee is a big deal. Not only will you be handing over responsibility for part of your business to someone new, but you will also have to be aware of your duties and obligations as an employer.
Good communication skills are essential in pretty much every aspect of life, none more so than in the workplace. Today’s workplace can be a tricky area for employees to navigate, as so many generations are now mixed together and each age group has specific ways they prefer to communicate.[continue reading…]
In a recent study carried out by the Close Brother Asset Finance, it was found that small and medium-size businesses find diversity is good for business. However, they still struggled to achieve a diverse workforce. There are a number of benefits of having diversity in the workplace and SMEs may be missing out on these benefits.[continue reading…]
Your business needs happy, healthy employees who enjoy their work. They are your greatest business asset while for the individual their greatest asset is their health and mental wellbeing. A person who feels appreciated will ALWAYS do more than expected.[continue reading…]
The majority of schools will close on 20th December so from that Friday the pressure is on! With Christmas Day and New Year’s Day both being on a Wednesday, this holiday season may be proving a bit more complicated to plan than usual. What time off will you be giving your employees?[continue reading…]
Wired Magazine predicts that coding could become the next main blue-collar job which, if true, means that many small business owners will need increasing number of employees with programming skills in the near future. The problem affecting all businesses is that, without action, the UK could fall well behind other parts of the world in training for the future. This will affect our economy overall as well as our individual businesses.
Companies that are at the forefront of development prioritise the continuing education of their employees because it not only increases their comparative advantage, but it also stresses a continuous system of growth. A company’s trajectory for growth is based on its foundation, which is its people.
While many considerations are given to physical safety in the workplace, it is only recently that the focus has turned to mental health and the significant impact it can have on the workforce’s ability to conduct its duties effectively. Issues around mental health in the UK cost businesses £35 billion per year, and cultural issues around ‘presenteeism’ are seeing workers fail to admit to mental health issues, resulting in poor health and reduced productivity.
Showing your employees how much they mean to the company should not be expressed only through promotions and paychecks. To help them understand that they are a vital part of your business and that you plan on working with them in the long run, you should implement some work culture strategies that will illustrate how much you care about their wellbeing as well.
Businesses have enough to worry about; one of the major things being competition from outside sources, so fraud that takes place within a business can be viewed as an avoidable problem. Not only do employers have to be extremely vigilant to defend against external threats from their competitors, but they also must be constantly looking for indications that their employees may be stealing from the company from within for personal gain.
Yes, you own a small-sized business. That doesn’t mean you want to hire people with small-sized talent. How do you draw the right candidates into your small business? How do you compete with Fortune 100 or even Fortune 500 companies that have staff entirely devoted to recruiting and hiring?
If your small business is expanding and you have a small team working for you then you might consider hiring an IT Support professional. As your business and team grow so will the technology involved, so it might be a good idea to either train your staff with basic knowledge of IT support or hire IT support staff. A go-to tech person can help with the day to day issues which may disrupt the workflow and be detrimental to the productivity of the workplace.
As an employer, managing maternity leave is an inevitable part of doing business. You will be understandably thrilled for your employee, whilst also wondering whether your team will be overstretched, or how this change might hurt productivity. On top of that, you have the financial commitments surrounding UK statutory maternity pay (SMP) to navigate. It can all end up feeling rather admin heavy.