Newsletter
Week 41, 2008
STOP PRESS......
The National Minimum Wage (NMW) increases on Wednesday, October 1.
The rate is rising to £5.73 per hour for workers aged 22 and over, £4.77 for 18-21 year olds and £3.53 for those aged 16 and 17. The Government is also preparing a crackdown on bosses who fail to pay the minimum wage, with tough new penalties set to come into force next April. A new information campaign will aim to make sure that employers are aware of the changes.
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TIP OF THE WEEK
Turn Top-Level Strategy into Unit-Level Action
A change in your company’s strategy should have an impact on all employees. How the change will affect day-to-day behaviors and longer-term priorities is relatively easy to see for the CEO but is often more difficult to out into context for the employees.
To convert your firm’s strategy into an actionable agenda, don’t just parrot the strategy. Bring it to life and make it real for your employees by explaining how it can affect them both short and longer term. Also try to invite their input to help to win their commitment for the strategy its execution.
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ARTICLE OF THE WEEK
The new face of social enterprise
A new generation of business leaders and philanthropists is experimenting with hybrid forms of social enterprises while demanding more transparency and accountability from the organizations they are funding. Harvard Business School professor Kash Rangan discusses his views on the ongoing transformation and the increasing importance of aligning money with causes.
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NEWSFLASH OF THE WEEK
59 new laws impacting businesses will be implemented on October 1
With the Government favouring the introduction of new legislation on a bi-annual basis, October 1st will see the implementation of an astonishing 59 new laws which may impact businesses. Amongst the changes businesses can look forward to coming into force on October 1st are:
New regulations for directors - (see our Week 40 newsletter)
National Minimum Wage - see above
Consumer Credit Act - Credit repair and debt administration companies must be licensed
Pension Transfer Values - on how to calculate the cash value of a pension when a member of an occupational pension scheme wants to transfer to another scheme.
.
EVENT FO THE WEEK
The Future of Web Applications Expo
When: 9-10 October 2008
Where: ExCel, London
Cost: £5 - 395
Future of Web Apps Expo is back in London, bringing a fresh blend of amazing speakers, great advice and tons of networking potential. A full day of workshops to learn how to be the best from the best on web application design and management. Click here to register.
Week 41, 2008
STOP PRESS......
The National Minimum Wage (NMW) increases on Wednesday, October 1.
The rate is rising to £5.73 per hour for workers aged 22 and over, £4.77 for 18-21 year olds and £3.53 for those aged 16 and 17. The Government is also preparing a crackdown on bosses who fail to pay the minimum wage, with tough new penalties set to come into force next April. A new information campaign will aim to make sure that employers are aware of the changes.
.
TIP OF THE WEEK
Turn Top-Level Strategy into Unit-Level Action
A change in your company’s strategy should have an impact on all employees. How the change will affect day-to-day behaviors and longer-term priorities is relatively easy to see for the CEO but is often more difficult to out into context for the employees.
To convert your firm’s strategy into an actionable agenda, don’t just parrot the strategy. Bring it to life and make it real for your employees by explaining how it can affect them both short and longer term. Also try to invite their input to help to win their commitment for the strategy its execution.
.
ARTICLE OF THE WEEK
The new face of social enterprise
A new generation of business leaders and philanthropists is experimenting with hybrid forms of social enterprises while demanding more transparency and accountability from the organizations they are funding. Harvard Business School professor Kash Rangan discusses his views on the ongoing transformation and the increasing importance of aligning money with causes.
.
NEWSFLASH OF THE WEEK
59 new laws impacting businesses will be implemented on October 1
With the Government favouring the introduction of new legislation on a bi-annual basis, October 1st will see the implementation of an astonishing 59 new laws which may impact businesses. Amongst the changes businesses can look forward to coming into force on October 1st are:
New regulations for directors - (see our Week 40 newsletter)
National Minimum Wage - see above
Consumer Credit Act - Credit repair and debt administration companies must be licensed
Pension Transfer Values - on how to calculate the cash value of a pension when a member of an occupational pension scheme wants to transfer to another scheme.
.
EVENT FO THE WEEK
The Future of Web Applications Expo
When: 9-10 October 2008
Where: ExCel, London
Cost: £5 - 395
Future of Web Apps Expo is back in London, bringing a fresh blend of amazing speakers, great advice and tons of networking potential. A full day of workshops to learn how to be the best from the best on web application design and management. Click here to register.
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