The 25th of May marks the one-year anniversary since the European Union’s General Data Protection Regulation (GDPR) came into effect. The run-up to GDPR felt huge, with some companies going into full panic mode trying to work out what they would need to do in order to be compliant. One year on it seems the […]
Author Archives: Chloe Walton
For all businesses, no matter the industry maintaining morale is very important in order to ensure your staff are driven to work hard for your company. Businesses are beginning to adopt incentive schemes in order to help with the success of their business. So, why is offering incentives so important? Increases productivity Everyone […]
The HMRC are taking action against disguised remuneration schemes. The HMRC understand that not everyone entered these arrangements knowing that they are tax avoidance schemes. However, they have now created the ‘loan charge’. This charge will affect anyone who has been involved in these loan schemes. What are Disguised Remuneration Schemes? Disguised remuneration schemes […]
What is digital? In short, it is all about technology and in this case the lack of it. Lloyds Bank UK Business Digital Index revealed that more than 100,000 charities lack basic digital skills, which is over half the registered charities in the UK. They also reported that there was a four percent rise in […]
As the tax year is coming to an end, next month we are going to see a lot of important changes for Payroll that employers need to be aware of in order to stay compliant and prevent any embarrassing mistakes. National Living Wage and National Minimum Wage With effect from 1 April 2019 […]
From the 6th of April 2019, new legislation – known as the Employment Rights Act 1996 will change how UK employers provide payslips to their workforce and will make things a little clearer and give a means for employees to see if they have been paid properly. Employers will now be required to provide employees who are paid […]
Many companies are still not offering learning and development opportunities to their staff. Not only does this leave them falling behind a lot of other companies who are utilising it, but it can also be detrimental to a company. So why is providing learning and development so important? Improve Engagement Rates It has […]
A recent survey by DLA Piper has found that there have been over 59,000 data breach notifications across the European Economic Area since GDPR came into force on the 25th May 2018. The Netherlands, Germany and the UK were found to be the worst offenders in the report with approximately 15,400, 12,600 and 10,600 […]
IRIS FMP is pleased to announce that our chosen charity of the year will be Huntington’s Disease Association. The charity is close to our hearts at IRIS FMP, so we are proud to be raising money for such a great cause. Huntington’s disease is an illness caused by a faulty gene in your DNA. If […]
Morrisons is the latest supermarket giant to be facing legal action regarding equal pay, as thousands of their current and former shop floor workers of whom 70% are female, claim they are being paid less than their predominately male colleagues doing comparable work in the warehouses. Inequality has been highlighted as a big issue in […]
Auto enrolment is proving a challenge for many companies across the UK, particularly for SMEs. The Pensions Regulator (TPR) is now cracking down on it even more. In October, four members of a recruitment company based in Derby became the first in the UK to be given a suspended prison sentence for not following the […]
All companies no matter their size, need payroll and HR to keep their business running smoothly. Unfortunately, these tasks are no easy feat and are often complicated and time consuming for most companies. Laws and legislation surrounding payroll and HR change all the time and new ones pop up often, so companies must ensure that […]
