How to set up and run a small business

Leaderboard – News

Leaderboard – Business Plans

Leaderboard – Start Ups

Leaderboard – Company (Ltd)

Leaderboard – Company (S/E)

Leaderboard – Run – Freelancers

Leaderboard – Run – Legal

Leaderboard – Run – People

Leaderboard – Run – Premises

Leaderboard – Run – Sales

Leaderboard – Run – Technology

Billboard – Tax

Leaderboard – Banking

Billboard – Finance

Leaderboard – Insurance

You are here: Home » Archives for employee

employee

Challenges new businesses face when hiring staffHiring the right people is vital for the growth of your company. It is likely to go some way in contributing to the development of the business and helping it to become successful.

The task of recruitment varies across different industries depending on their nature. For example, recruitment in hospitality is seasonal and finding the right people can be difficult.

Moreover, recruitment can be even harder for startups, so here we take a look at some of the main challenges facing startups when it comes to looking for people to join their team. Continue…

{ 0 comments }

employed, self employed and workerIt would be fair to say that employment status has been a contentious issue in recent times as business owners and staff in various sectors dispute the true nature of their respective working arrangements.

As a business owner it is important that you are familiar with the differences between the three main categories of employment (employee, worker and self-employed) as this will help determine the rights of the individual and the obligations you have towards them. Continue…

{ 0 comments }

helping employees stay in auto enrolment company pensionWorkplace pensions are a legal requirement for all UK businesses no matter how small. Since 2012 more than 8 million people have been automatically enrolled into a workplace pension by their employer.

With auto enrolment contribution levels set to rise on 6 April 2018, it’s more important than ever that small businesses improve pension awareness to prevent employees opting out of the company pension scheme. To help you do this, we asked Steve Butler, CEO, Punter Southall Aspire to reveal his tips on how you can help ensure how your staff continue to save for their retirement. Continue…

What small businesses can do to enure gender equalityThe issue of gender equality in the workplace has garnered much publicity in recent months and is one of the biggest issues facing employers in 2018.

Most of the media attention has surrounded information on Gender Pay Gap Reporting (GPGR) which forces companies with 250+ employees to publish a report detailing aspects of staff pay and bonuses.

Whilst smaller employers are not caught by this requirement, it will be wise for all employers to take appropriate measures to address gender equality in their workplace. So what steps can you take to do this? Continue…

Guide to employee benefits, staff perks and incentivesAs salaries, working hours and development opportunities are becoming more aligned from business to business, offering staff perks, benefits or incentives is a way of attracting, and retaining, talent.

Glassdoor, the career site, say that 57% of all workers rate perks and benefits as one of the top factors they consider when deciding whether to accept a job offer.

So what perks can your business offer to help you attract and retain staff, and what should you watch out for? Continue…

US Marines Practice High StandardsThe US Marines are world-famous for their exacting standards and ruthless efficiency. The conditions they operate under might be very different from those we see in the commercial world, but there are very valuable lessons that businesses can learn from the Marines.

Here, James Bowen and Brian MacNeice, authors of Powerhouse – Insider accounts into the world’s greatest high performance organisations – explain what your business can gain by studying the strategies and tactics of the US Marines. Continue…

employing staff from outside UKIn all businesses, the focus is on employing the right person for the role.

When the person you intend to hire is not a UK citizen, you need to be aware of the legal requirements to ensure you stay on the right side of the law.

If you get things wrong you could be fined £20,000 for every worker you’ve wrongly employed. Some cases could even result in an unlimited fine and a 2 year prison sentence.

With such a lot at stake, we asked HR expert, Peter Done of Peninsula Business Services, to explain what employers’ need to know about taking on people from outside the UK. Continue…

tips on DBS checking staffWhether you are a small or large business owner, it’s likely you will welcome any method that cuts down the level of effort and time needed to successfully perform a given activity.

Employee recruitment and security checks can be time-consuming and laborious, so it’s helpful to know whether there are quicker routes that will benefit you and your business.

The Disclosure and Barring Service, or DBS, gives organisations the opportunity to identify who might, or might not, be a suitable employee, so many businesses now run a DBS check as a matter of course when recruiting staff.

Continue…

Developing an onboarding or inductoio process for new employeesOnce the recruitment process has completed with your chosen candidate accepting your job offer and agreeing their starting date, this should not signal the end of your plans for the new recruit.

To give the new employee the best opportunity to flourish you should set up an induction process.

But what is an induction, or onboarding, process, and what should you do to help your new staff members settle in quickly? We asked Peter Done, Managing Director of employment specialists, Peninsula Business Services to explain. Continue…

Making a contractual job offer to new employeeFollowing a successful recruitment and selection process, employers will be able to identify which candidates they wish to employ.

Making a job offer to the successful candidate appears to be a straightforward area of law, however, there are several factors that employers should consider to put themselves on the best path. Continue…

How diversity can make a better, more profitable business

As a small business owner, you may think ‘inclusion’ is an issue for big corporates, with large HR departments.

This misperception assumes that inclusion is a cost, when in fact, done properly, inclusion is one of the best free resources available to smaller businesses.

Here’s how being an inclusive business can help you succeed and how it can help you to build a more profitable company. Continue…

conducting good job interviews

Getting the recruitment process right is important for any business as employing the wrong person can have a significant impact on future success. It will also save time and costs as the process will only have to be carried out once and not repeated.

Although some employers perceive interviewing as a small part of the recruitment process, it is a vital opportunity to examine how potential candidates measure up against the needs of the business and, as such, it is important to get it right.

There are also risks of discrimination that employers should be aware of to avoid a tribunal claim, so here’s how to make sure your interviewing process gets the right results. Continue…

how to choose an interim managerBusinesses often find themselves requiring some management resources and skills on a temporary basis.

Hiring an interim manager, or an entire management, team can ensure the business successfully fills this temporary, but urgent, business gap.

To help you understand if your business could benefit from the input of an interim manager, we asked Clive Hyman of Hyman Capital Services to explain when an interim manager make sense and how to go about hiring the right person. Continue…

Disciplinary inestigation

A disciplinary investigation is the first important step in carrying out a full and fair disciplinary process. It is one step that employers may find insignificant but, on the contrary, a proper investigation will generally lead to a smoother disciplinary rocedure.

An investigation is key as it is required by the Acas Code of Practice on Disciplinary and Grievance Procedures and will be taken in to account by an employment tribunal when deciding compensation awards. It is usually detailed in a company’s disciplinary policy and procedure which should be followed internally.

Here’s what every business owner needs to know about a disciplinary investigation; Continue…

It’s not uncommon that when an employee makes a complaint about a fellow colleague that employers wish to bury their heads in the sand and ignore the issue.

A getting on with business approach, however, is unlikely to solve the dispute and can cause the situation to spiral out of control. Employers who manage disputes and try to resolve these when raised will see the benefits of taking such an approach.

Continue…

Striving to find a meaning in life is the most powerful driving force in humans. Acknowledging this as the key motivator for everyone involved in your business will help you to nurture the best achievements and results.

Neuroscientific research taking place around the world is beginning to piece together connections between the brain and behaviour, especially at work. This research is providing valuable insights into how to be a more effective leader. Continue…

For most employers, setting in place rules and responsibilities for employees during their time with the company is their most important consideration. This can be achieved through having effective contracts of employment, alongside employee handbooks.

Employers should, however, be putting thought in to what happens once employment ends to ensure that they are protecting their business interests. After the employee has resigned, or been dismissed, they are no longer bound by their contractual terms.

Restrictive covenants are an effective tool for restricting damaging activity by the ex-employee but employers need to carefully construct these covenants to ensure they are enforceable. Continue…

Fixed term employment contracts are generally seen by employers as those which “plug the gap” when their normal, permanent employees are absent for a period of time.

Fixed term contracts are useful tools for businesses who need to employ staff to cover short term peaks in business demands. But before employing staff on a fixed term contract, employers need to be aware of the rights fixed term employees have to ensure they are not at risk of a tribunal claim.

So to help make sure you don’t get caught out, we asked employment law expert, Peter Done to explain the key points of fixed term contracts for small businesses; Continue…

Figures from The Pensions Regulator (TPR) reveal that more than 95 per cent of the small employers required to put their staff into a workplace pension by June 2016 had complied with the law.

To the end of September, almost 257,000 employers had completed their automatic enrolment duties and enrolled over 6.7 million workers on to an auto enrolment pension scheme.

During the first quarter of 2017, the automatic enrolment legislation will step up a gear as more than 1 million small businesses will need to meet their automatic enrolment duties. And so with a busy time ahead, we asked Caroline Bateman of Enrolsme to offer her tips on how small business can set up an auto enrolment pension scheme in 2017, ‘stress free’; Continue…

Once a contract of employment is in place, notice has to be given by either party to the contract to end it. There are two types of notice periods; statutory notice and contractual notice.

As an employer, if you fail to give the correct notice when terminating an employment contract, you are in breach of contract. This could result in an appearance before the employment tribunal and you having to pay damages.

To help small business owners understand the law regarding notice periods, we asked HR expert, Peter Done of Peninsula Business Services to explain what employers’ need to know about giving notice to end an employment contract; Continue…

Why you must build on your strengths, NOT focus on trying to fix weaknesses

January 9, 2017

Business owners and leaders looking to get the best out of themselves and their team will frequently spend a lot of time and effort searching for, and trying to improve on their weaknesses. However, this is a completely counter-productive approach that can lower employee engagement and ultimately damage a business’ chance of success. Here Jan […]

A small business guide to employee handbooks

December 15, 2016

Nearly all employers are aware of the legal requirement to give new employees a statement of their main terms once they start working for you. For some small businesses this may be the only documentation they give staff, after all this meets their legal requirements. However, many employers can find that well-drafted and implemented employee […]

Becoming an employer – Your responsibilities when you hire staff

December 2, 2016

No matter how successful your business has been with just you working in it, if you want to grow you will need to take on employees. There are innumerable benefits of having employees. The right people will ease the workload on you and allow you take holidays. Good staff keep your business running day to […]

How happy employees can boost your bottom line – 5 Happiness strategy stories

November 8, 2016

Today, more young professionals are making alternative choices to the standard roles assumed by their parents’ generation. As a result, the landscape of work has changed dramatically for this generation, and for generations to follow. Why? It’s simple. We want more from our jobs than just a salary. We also want to be happy in […]

A small business guide to carrying out effective staff appraisals

November 7, 2016

When staff appraisal or review time rolls around, many small business owners view this as a waste of their valuable time. This is not the case, however, and employers who spend the time and effort to make these meetings are a success will often get much more out of staff appraisals than they put into […]

Work Experience & Internships – A Guide for small businesses

October 18, 2016

Many companies are enthusiastic about creating opportunities for younger people to gain business experience and skills in shorter placements, often labeling these as work experience or internships. While larger businesses frequently put internship schemes in place, many smaller businesses can be put off offering these opportunities because they view them as an extra administrative burden. […]

Training and developing staff on a tight budget

October 6, 2016

‘If you think training is expensive, try ignorance’ This oft-quoted phrase, attributed to Peter Drucker, is frequently used when businesses say they ‘can’t afford’ to train or develop their staff. So it’s worth asking yourself how much ‘untrained ‘or ‘undeveloped’ staff are costing your business – now and, potentially, in the future?

Respecting equality and diversity in leadership

September 21, 2016

In years gone by, equality and diversity haven’t always been at the forefront of business owners’ minds. However, in recent years more and more business leaders are recognising that respecting equality and diversity make good business sense. So, what makes equality and diversity increasingly vital when you are setting up and running a business? We […]

How small business owners can tackle difficult conversations with employees

September 20, 2016

Having to carry out difficult conversations is an inevitable consequence of owning a business and being an employer. When most business owners start employing staff they often haven’t thought of the reality of becoming an employer and having to tackle workplace issues as they arise. Employers often don’t have the confidence to successfully carry out […]

Health & Safety Plans for Startups – How to write one for your business

September 16, 2016

It’s safe to say that writing a health & safety plan isn’t one of the most exciting parts of starting a business. In fact, it’s something that many new business owners neglect to do. A health and safety plan is a plan which outlines how health and safety protocol will work in your business. In […]

What is workplace diversity, why is it important, and what are the benefits to businesses?

September 2, 2016

Workplace diversity is a term which relates to the people who work for an organisation. It is often spoken about with reference to equal opportunities, and the two are intrinsically linked, but have varying perspectives. Providing equal opportunities means ensuring that no individual is treated less favourably on the basis of who they are – […]

How to design an effective incentive scheme for your small business

August 30, 2016

An effective incentive scheme is an important way for small businesses to motivate their staff in order to improve performance and boost profits. Responding to incentives is part of human nature and employees like (and deserve) to be rewarded for their hard work. For startups and small businesses who have a limited budget, designing a […]

Guide to Employment Contracts for small businesses

July 12, 2016

When you start taking on employees you will be faced with a fair amount of legal responsibilities. It’s important you understand all your obligations as an employer as if you don’t comply with UK employment law you can easily find yourself in front of an employment tribunal. As a small business owner, your legal responsibilities […]

Making sure staff know their position and purpose within your business

July 5, 2016

Red tape… compliance… ticking boxes… costly… time consuming… frustrating… not my job! Be honest, when you think about HR (Human Resources) in your business, are these the kind of phrases that first spring to mind? If you ask any small business owner what frustrates them in their company, most will include HR and talk about […]

How to decide if you really want to run your business

June 9, 2016

When you start a new business you will need to do almost everything. This means you will need to roll up your sleeves and take a very hands-on approach. You will be working IN your business. However, if you want to grow your business, you will need to pass on the day-to-day work to others […]

A Guide to calculating holiday pay

June 6, 2016

When you employ staff you must give them a certain amount of annual leave, and pay them during this time. If your employees work a set amount of hours, and received a fixed salary, calculating their annual leave entitlement and holiday pay is straightforward. However, if staff have irregular hours, work overtime, or receive commissions […]