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Statutory Redundancy Pay Increase

The Department for Business, Innovation and Skills (BIS) has announced that the statutory redundancy pay rate will increase on 1 February 2012. The maximum amount of “a weeks pay” for the purpose of calculating redundancy payments will increase from £400 per week to £430 per week. When a business makes an employee redundant there are […]

Read more January 30th, 2012

Employee Retention Strategies

Good staff are the lifeblood of any business and in today’s challenging economic times, businesses need to hold on to talented employees. With increasing pressure to reduce costs, implement salary cuts and reduce other costs such as staff benefits and incentives, your staff may decide to have a look around for other opportunities. The risk […]

Read more January 30th, 2012