Commuting costs employees average of £13,531 unpaid overtime each year
For working parents who ordinarily paid for wrap-around childcare not commuting has provided the equivalent of a 21.6% pay rise
| Published: 5 August 2021
Homeworkers: What can you claim in tax relief?
As a result of the Covid19 pandemic, there has been an explosion in the number of employees working from home ... View Article
| Published: 25 May 2021
Divisive IR35 tax changes not dampening “skyrocketing” contractor demand
SOARING demand for contract workers is far outweighing any impact of new tax changes, thanks in part to the mass movement towards remote and flexible working. Although the introduction of controversial reforms to off-payroll working rules, known as IR35, were perceived as the “death knell” for contracting, many workers who chose to work in a non-permanent capacity are now finding themselves faced with a goldmine of lucrative opportunities.
| Published: 7 May 2021
How to identify employees at risk of breaching the Lifetime Allowance (LTA) and what to do
Whilst having over £1million in pension savings may seem unrealistic to most, reaching the LTA could be closer than many employees think.
| Published: 6 May 2021
IR35 tax changes: how will it impact the self-employed?
This report is sourced from financial experts at Gorilla Accounting who have shared their findings and insights about the new tax rules.
| Published: 8 April 2021
Warning raised as pension scams are rife during pandemic
These uncertain times are often seen as a window of opportunity for scammers looking to prey on vulnerable individuals, with a recent report by Action Fraud finding that pension scams had become one of the most common types of fraud to occur last year. In fact, the FCA opened 24% more pension scam cases last year than in 2019.
| Published: 12 February 2021
How fintech supports employees’ financial wellbeing journey
According to research conducted by Cushon, more than two-thirds (69%) of employees say that financial worries have a negative impact on their mental health.[1] Clearly this has a knock-on effect on their work and productivity levels. Previous research[2] also found that 88% of HR managers feel it is a company’s responsibility to look after their employees’ financial wellbeing.
| Published: 12 October 2020
Businesses are paying the price of stressed staff as pandemic money pressure takes its toll
With some staff understandably anxious about money, many businesses are feeling the knock-on effect as the recession hits – and it’s up to the c-suite to save them.
| Published: 10 September 2020
“Financial and mental trauma” an increasing concern for returning workforce
Businesses must step up to protect employees from the potential “financial and mental trauma” posed by Covid-19 and the looming recession, according to a new report published by the National Forum for Health and Wellbeing at Work and Alliance Manchester Business School (AMBS).
| Published: 21 August 2020
HR tech stocks: Making the right investment
Gone are the days of one-size-fits-all tech solutions for forward-thinking HR teams. Today’s HR professionals are seeking a more nuanced approach, which has led to a proliferation of new technologies designed to fill the gap across all work cultures. This has created a number of interesting stock trading opportunities for those willing to invest in the latest ways to take care of personnel management.
| Published: 20 August 2020