Steve Herbert of Jelf Employee Benefits advises employers how to set up a pension scheme from scratch, and to stay on the right side of the new Auto-Enrolment regulations in the process
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Until 1st October 2011, most businesses adopted the default National Retirement Age (NRA) of 65 for their staff. Under the then law, employers had the right to retire employees at 65, provided they followed the statutory retirement procedures. If such procedures were followed, such a dismissal would be neither unfair nor amount to age discrimination.
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‘Law For Startups’ - a recent event at Club Workspace, hosted by Dreamstake - gave startups, small-businesses and entrepreneurs the lowdown on Shares, and how they could be used to incentivise employees. The advice came from Michael Buckworth, a solicitor who specialises in fixed-fee law for small businesses.
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You’re starting your business and you’re heading for great things. However, despite the great commercial ideas and robust financial backing, your staff seem to be lacking that special spark and have not yet gelled into your ‘dream team’. Here we look at how you can best motivate your staff and increase productivity without spending a fortune.
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