All articles by LouronPratt – Page 47
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ArticleFamilies First Coronavirus Response Act passed by US House of Representatives
The US government's House of Representatives has passed the Families First Coronavirus Response Act (FFCRA), aimed at providing support to those affected by the Covid-19 (Coronavirus) pandemic.The new act, passed on 14 March 2020, is expected to become law after it goes to the US Senate.Under the new law, $500 ...
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OpinionKatherine Neal: The loan charge – finally some good news for tax payers
On 20 January 2020, HM Revenue and Customs (HMRC) published updated guidance following the Sir Amyas Morse independent review of the loan charge. Draft legislation was published on the same day.By way of background, the 'loan charge' was introduced by the UK Finance Act 2016 as an anti-avoidance measure to ...
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ArticleIWGB launches dispute with Bolt over employment status and unfair dismissal
The Independent Workers' Union of Great Britain (IWGB) has launched a claim against transportation organisation Bolt, concerning an employment status and dismissal dispute.The claimant, Andrei Donisa, a member of the IWGB’s United Private Hire Drivers (UPHD) branch, was recently dismissed by Bolt without notice, according to the trade union.Donisa was ...
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ArticleWorkday to give staff one-time payment to help tackle Coronavirus hardship
Financial management organisation Workday is offering several employee benefits to support staff through the Covid-19 (Coronavirus) outbreak, one of which is a payment worth two weeks' pay.Announced yesterday (16 March 2020), the organisation is giving employees the one-time payment to help support them through any financial difficulties caused by Coronavirus. ...
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ArticleNHFT signs Dying to Work charter to support terminally ill employees
Image credit: Northamptonshire Healthcare NHS Foundation TrustNorthamptonshire Healthcare NHS Foundation Trust (NHFT) has signed the Trade Union Congress' (TUC) Dying to Work charter, pledging to support employees who become terminally ill while in work.The charter, which NHFT signed on 12 March 2020, is part of TUC's campaign to seek a ...
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ArticleOutsourced cleaners at University Hospital Lewisham face ongoing pay discrepancies
Image credit: GMBNHS cleaners working for outsourced services provider ISS at University Hospital lewisham, who are represented by trade union GMB, have reported that recent pay errors made by the organisation have not been rectified.In February 2020, a number of NHS cleaners found that their pay was incorrect for the ...
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ArticleSouthbank Capital Limited director fined £12,800 by Pensions Regulator
Director and shareholder of Southbank Capital Limited, Michael Woolley, has been handed a £10,000 fine, and ordered to pay a further £2,800 in costs, for failing to hand over information and documents requested by The Pensions Regulator (TPR).TPR requested that Woolley provide information about investments relating to money and assets ...
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ArticleHalf of employees would not receive normal pay if self-isolating
Just under half (48%) of employees can expect to receive their normal salary if they have to take sick leave, according to a survey conducted by the Chartered Institute of Personnel and Development (CIPD).The survey of 1,000 employees found that one in four (24%) would receive statutory sick pay, while ...
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ArticleWren Kitchens, HMV and Selfridges listed among top UK retail employers
Kitchen manufacturer Wren Kitchens, music and film retailer HMV and department store chain Selfridges have been listed among the top UK retail employers to work for in 2020.The list, determined by job listing site Indeed based on reviews by its visitors from February 2019 to February 2020, comprises the top ...
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ArticleISS to pay outsourced NHS staff in full during self-isolation
Healthcare facility services organisation ISS has promised full pay for any of its outsourced NHS staff self-isolating due to the spread of Covid-19 (Coronavirus).On 3 March 2020, ISS, which has been dealing with contracts for outsourced NHS staff since 2015, agreed with trade union GMB to ensure all individuals are ...
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ArticleInnovative organisations ask employees to get their hands on the merchandise
Something for the weekend: Employee perks are fast becoming a deal-breaker when it comes to attracting, and keeping, a talented and engaged workforce. There are many methods of creating an attractive package, but some organisations have chosen to engage staff with the business by directly incorporating their brand into their ...
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ArticleThe top 10 most read stories: 5 - 11 March 2020
The top 10 most-read stories between 5 March and 11 March 2020 were: Wilko abolishes sick pay for retail and distribution staff of less than a yearGovernment to introduce neonatal pay and leave entitlements for working parentsBoris Johnson announces day-one statutory sick pay to tackle CoronavirusAon to merge with Willis ...
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ArticleGovernment to launch review of enterprise management incentive scheme
Budget 2020: Chancellor of the Exchequer Rishi Sunak announced on 11 March 2020 that the government will launch a review into enterprise management incentives scheme (EMI).The EMI scheme is a tax-advantaged share option scheme designed for smaller businesses, enabling them to reward staff with equity participation. The review will aim ...
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ArticleSalary Finance acquires financial wellbeing platform Neyber
Workplace finance platform Salary Finance has acquired competitor Neyber in a deal completed on 9 March 2020.As part of a pre-pack administration, Neyber's assets have been acquired by Salary Finance, and staff transitioned under Transfer of Undertakings (Protection of Employment) Regulations (Tupe). Pre-pack administration allows for the sale of a ...
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ArticleNon-taxable counselling services to include related medical treatments
Budget 2020: On 11 March 2020, Chancellor Rishi Sunak announced changes to the tax treatment of welfare counselling services provided by employers to their staff.In his Budget 2020 speech to the House of Commons, Sunak stated that from April 2020 government would be extending the scope on non-taxable counselling services, ...
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ArticleChancellor confirms that IR35 reforms will proceed on 6 April 2020
Budget 2020: Chancellor of the Exchequer Rishi Sunak announced on 11 March 2020 that changes of the off-payroll working rules, known as IR35, will go ahead on 6 April 2020.The off-payroll working rules, introduced in 2000, are used to ensure that an individual working like an employee, but through a ...
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Article
The top 10 most read stories: 5 March- 11 March 2020
The top 10 most-read stories between 5 March and 11 March 2020 were: Wilko abolishes sick pay for retail and distribution staff of less than a yearGovernment to introduce neonatal pay and leave entitlements for working parents
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ArticleOne third of UK organisations do not offer flexible working
Almost one-third (31%) of UK employees are not provided the opportunity for flexible working arrangements by their employers, according to research conducted by Flexioffices.The study of 2,000 UK employees found that 15% would consider leaving their role if a flexible working option was taken away from them.Of the 69% of ...
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ArticleVolkswagen AG rewards employees with €4,950 performance-related bonus
Employees at German automotive manufacturer Volkswagen AG, who are covered by collective bargaining agreements, will receive a performance-related bonus of €3,259.50 (£2,876.47) in their May 2020 pay, taking the total amount for 2019 to €4,950 (£4368.32) gross.Volkswagen AG staff received a bonus of €1,690.50 (£1491.85) with their salary in November ...
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ArticleNational insurance contribution threshold to rise to £9,500 from April 2020
Budget 2020: Chancellor of the Exchequer Rishi Sunak announced today (11 March 2020) that the national insurance primary threshold for employees will increase to £9,500 from April 2020.The government projects that this will affect approximately 31 million people, saving a typical employee around £104 in the 2020/21 tax year. This ...