How to Be Ready for the Recovery

By Curt Finch, CEO of Journyx, Inc.

CNN recently published an article about the aftermath of the recession, claiming that the economy is “finally back in gear.” What does this mean for businesses like yours? Projects that were sidelined for the past year or two could come off the bench, and there might be more money to go around. Great news, right? It depends on how ready you are to make the most of this new opportunity. Are you confident that you will be able to put the right people on these projects and make the right decisions about how to spend this money?

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Introduction to Newsletter 04.11.09

We have a little less reading this week, covering a variety of subjects. If you have strong views about retiring at age 65 and would like to see the default age scrapped, you have an invitation from the Government to make your views known. The recent High Court decision gives reason to think that change is necessary in order to comply with European legislation.

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Introduction to Newsletter 28.10.09

One of the key issues for an employee’s right to, for example, statutory maternity pay and leave is that the two sets of legislation ensure that, for each week of leave, the employee receives the appropriate statutory payment. The first day of leave should also be the first day of the payment period and that is how it should work in practice. However, a recent decision in the new First-tier Tax Tribunal appears to have exposed a situation where the period of leave and the period of pay may not correspond. It occurs, in the context of maternity pay, when the employee is absent from work for some reason at the start of the 11th week before the expected week of childbirth. This week’s article on the tribunal decision highlights the issues for employers.

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Introduction to Newsletter 22.10.09

This week we concentrate of two new consultation documents published by the Department for Business, Innovation and Skills (BIS).  Both areas of change have been the subject of earlier consultations and the legislation in both cases is expected to be in place by April 2010.  However, the more significant of the two for payroll and HR purposes, the implementation into UK law of the European Agency Worker Directive, will not come into force until October 2011.  If you are a temp agency or you take on temps from a temp agency, these new Regulations will give you much to think about.

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