This month, The Employment (Allocation of Tips) Bill gained Royal Assent. Designed to ensure employers distribute tips and gratuities fairly and without deductions, The Tipping Act (as it’s informally known) will come into force in 2024. But will it have a positive...
How do You Take on an Apprentice?
National Apprentice Week takes place from 7 to 13 February 2022. As ever, the week will raise the profile of apprenticeships and showcase the difference they can make to companies and individuals. So if you’ve been considering taking on an apprentice but are yet to...
The big wage hike – what to do when you can’t raise salaries
Wages are on the up. In real terms however, they’re on the way down, currently fighting a losing battle with inflation. The effect is to leave more staff expecting a pay rise. But what happens when you can’t afford it? Sainsbury’s has announced a 5.3% pay rise for...
Invoice discounting vs invoice factoring – what’s the difference?
They’re both ways of releasing money tied up in your unpaid invoices, but is one better than the other? And which form of invoice financing is right for you? Why choose invoice financing? There’s money tied up in your invoices. That’s the way it’s always been, of...
Outsourced Payroll Costs for SMEs
If your small business is thinking of outsourcing payroll, how much will it cost? You run an SME. You know the benefits of outsourcing your payroll – from efficiencies to savings, compliance to security – but there’s one small problem. Do a quick Google of ‘payroll...