At Selima, HR and payroll are our pedigree. This regularly updated blog is our way of conveying how we feel about shifts in the industry, HR and payroll news, upcoming events and effects on businesses.
Decathlon are one of the world’s premier sports retailers with 65,000 employees worldwide and over 1,500 of those employed in 30 Decathlon UK stores. Decathlon UK has an exciting 12 months ahead with 10 new store openings. To support this growth, Decathlon UK partnered with Selima to replace their legacy HR and scheduling systems.
The government’s 2017 spring budget is behind us. As such, we thought we would provide a quick summary of what the budget means for businesses in the UK.
Self-employed business owners may not be overwhelming with positivity, as they are now facing an increase to their National Insurance contributions. Currently, the levy on self-employed profits sits at 9%. This rises to 10% in 2018 and 11% in 2019. Chancellor Phillip Hammond claimed this would raise an extra £2 billion in tax revenue during the current Parliamentary term.
National Apprenticeship Week is taking place once again, aiming to celebrate how apprenticeships can open up better career opportunities for young people. The 10th National Apprenticeship Week will bring together employers and apprentices from across England to commend the success of apprenticeships over the last decade and will seek to encourage even more people to choose apprenticeships as an alternative to university and college.
International Women’s Day is right around the corner, taking place on the 8th March 2017. This year’s International Women’s Day campaign theme is “be bold for change,” utilising a hashtag of the same slogan. As with previous years, the day takes place to encourage a rallying cry for people of any gender, binary and non-binary, to come together to abolish the gender pay gap.
Expanding your business can be an enticing prospect, if not without risks. Expansion allows your business more national and/or global reach, finding new customers and audiences in the process. But it’s a double edged sword; launching into expansion without a solid plan or secure software to back it up can lead to problems down the line.
These problems might include spreading staff too thin, not being able to afford the labour cost of additional hires, or failing to reach an audience beyond the size of your business. At Selima we’ve been successful in providing software that has helped many of our customers expand into new ventures.
Automation has been something of a buzzword among businesses in recent years. For some, the thought of automation can be a daunting thing. We understand some may think of leaving certain tasks to software can be risky, especially if no one is there to make sure everything’s running smoothly.
The Government has recently announced that they’re cutting back on plans to tax termination payments. The payments are a severance payment arranged for staff upon termination of their contracts. This could be because of retirement, dismissal or redundancy.
Recent news articles have reported details of Bolton Wanderers football club failing to pay their staff on time again in January, as the financial crisis persists at the Macron Stadium.
Earlier this week Wanderers appeared in the high court over a £2.2m unpaid tax bill to HM Revenue and Customs. Staff were paid on time in December but it is understood the money was not raised by the owner, Eddie Davies, who has withdrawn his financial support and is looking to sell.
Businesses in the Hospitality and Retail sectors have been begin feeling the pinch from the rising cost of overheads and operating costs especially increases in the National Living Wage and National Minimum Wage.
That National Living Wage will increase by 4.1% in April 2017 to £7.30 and is set to increase to over £9 by 2020 according to Government policy. For employees under 25, the National Minimum Wage will also be increasing from April.
Apprenticeships are often used as a source of employment by many firms across industries. Whether you view them as a cheaper way to bolster employee numbers, or a means to grant young adults valuable experience, apprenticeships are on the rise. In fact, just over half a million people in the UK started apprenticeships across 2015/16, a marked increase against the previous year.
There are a number of possible reasons for this. One could be that young adults are put off from the eye-watering higher education fees. Some may want to join a firm for the experience, or to try something new. Then there’s always the prospect of a qualification, which along with the experience looks superb on CVs.