Is there a deadline for delivering a P45 to an employee? When is the deadline for providing a P45 to an employee who is about to resign? This question came up recently because our client had just received one. He didn’t know what to do next. We asked him to send us his P45. After…
An employee share scheme can give employees additional capital for growth and development. This could include buying shares in the company, investing in training courses, or even starting up their own companies. There are many different types of share schemes out there, including profit sharing, bonus schemes, dividend payments, and employee stock options. Each one…
What is a sole proprietorship? A sole proprietorship is a type of business entity where you are personally liable for the debts and liabilities of the company. This means that if anything goes wrong with the business, you could lose everything. You can run a sole proprietorship out of your home, office or even a…
The same raise for everyone A recent study found that giving everyone the same raise creates resentment among employees who feel they are being overpaid compared to others. This could lead to lower productivity and morale. Instead, it’s best to give raises based on performance. When you look at how much people make, there are…