A significant portion of the workforce is poised to reconsider their employment as year-end bonuses become a contentious issue.Over half of professionals (68%) would consider leaving their jobs if their year-end bonus is withheld.Data from a salary survey reveals that only 52% of companies have budgeted for bonuses this year.There is a notable disconnect between employee expectations and company budgeting for bonuses.Flexible work arrangements and competitive salaries are also emerging as key employee priorities.Over half of professionals, specifically 68%, have indicated a strong likelihood of reconsidering their current employment should their year-end bonuses not materialise this January. This finding highlights…
Author: Dave Antrobus
Employers are urged to proactively support employees with invisible disabilities, fostering inclusivity and equality.Invisible disabilities are not apparent to others and include conditions like anxiety, diabetes, and ADHD.Only a small percentage of people disclose their invisible disabilities at work, often leading to insufficient support.Organisations are encouraged to raise awareness and implement inclusive policies and mental health support programmes.FDM Group highlights the benefits of understanding and accommodating these disabilities, enhancing workplace culture and productivity.Invisible disabilities, often termed hidden disabilities, encompass conditions that are not immediately visible to others. These may include mental health disorders, chronic illnesses, and cognitive impairments such as…
Boohoo Group has announced significant changes within its financial leadership, appointing Stephen Morana as the new CFO.Stephen Morana succeeds Shaun McCabe, who departed from the role unexpectedly after a 15-month tenure.This move marks Morana’s return to Boohoo, where he previously served as a non-executive director from 2014 to 2017.Despite the changes, Boohoo assures that trading remains steady and aligned with market predictions.Chairman Mahmud Kamani expresses confidence in Morana’s ability to drive Boohoo’s growth strategy.Boohoo Group has strategically appointed Stephen Morana, known for his successful stints at Zoopla and Betfair, as the new Chief Financial Officer. This appointment follows the swift…
Research reveals a significant lack of awareness among sole traders regarding tax thresholds in the UK, with over 75% unsure of the implications.A survey of 800 sole traders identified major gaps in knowledge about tax liabilities and deadlines, with potential financial consequences.Only a small fraction of sole traders understand the higher tax rate threshold, revealing critical knowledge deficiencies across various professions.Widespread misconceptions exist around the obligation of sole traders to pay corporation tax, highlighting a common misunderstanding.Sole traders’ saving habits are varied, with many lacking sufficient financial safety nets or reinvestment strategies.Research conducted by a card payments provider disclosed that…
Over 130 employees of Banner Jones celebrated its 145th anniversary together this December.The event was held at Chesterfield football ground, gathering staff from Sheffield, Chesterfield, Mansfield, and Dronfield.CEO Simon Wright acknowledged the staff’s significant contributions to the firm’s success during the celebration.Banner Jones, one of the oldest businesses in Chesterfield, actively supports local charities and community events.The firm invests in its employees’ well-being and development, with many long-standing staff members.Banner Jones commemorated its 145th anniversary with an event at Chesterfield football ground earlier this month, attended by over 130 members of staff from its various offices. This gathering underscored the…
A groundbreaking study by Oriel Partners investigates the role of ChatGPT in enhancing CVs.ChatGPT embellishes CVs an average of 14 times, raising questions about AI authenticity.AI-modified CVs perform better, scoring higher on job suitability metrics.There is concern over AI creating unequal opportunities among job seekers.The study suggests recruitment strategies to manage AI’s influence in applications.In an era where artificial intelligence is gaining prominence, a recent study by recruitment agency Oriel Partners has shed light on how ChatGPT, a sophisticated AI tool, is used to embellish CVs. The investigation aimed to evaluate how such modifications can influence the recruitment process and…
Alo Yoga, a popular US athleisure brand, is expanding its physical presence by opening a flagship store on London’s iconic King’s Road this November.This opening represents the brand’s first physical store in the UK, located in a spacious 4,000 sq ft venue.Future expansion plans in London include outlets on both Regent Street and Brompton Road set for 2024, integrating wellness and fitness experiences.The brand aims to connect with the thriving yoga and fitness community, aligning with its wellbeing-focused ethos.Founded in 2007, Alo Yoga has grown beyond yoga apparel, now offering a wide range of athleisure wear accessible through leading UK…
Harrods has enchanted visitors with its Christmas-themed windows, signalling the start of the festive season.The luxury displays feature exclusive items from renowned brands like Loewe, Bulgari, and Hublot.A nine-metre-tall Christmas tree by Valentino stands at Knightsbridge’s main entrance.Guests can enjoy festive treats from a Valentino-themed pop-up truck inside the store.The windows are part of a broader theme embracing extraordinary gifts and festive giving.Harrods, the renowned luxury department store, has once again captured the spirit of the festive season with the unveiling of its Christmas-themed window displays at its Knightsbridge flagship. These iconic displays have become a much-anticipated event for shoppers…
Establishing a strong safety culture is crucial for any successful business.Ignoring health and safety regulations can lead to severe legal and financial repercussions.Training and collaboration are vital components of a safe workplace environment.Leadership must actively participate in and promote safety initiatives.External resources can provide additional support to bolster safety compliance.A comprehensive health and safety culture is an essential component of any successful business. Failure to adhere to health and safety regulations can result in criminal proceedings, financial penalties, and damage to your organisation’s reputation. In severe cases, breaches may lead to serious legal consequences, necessitating involvement from criminal lawyers.Training and…
A recent survey highlights the British public’s cautious stance on AI in the legal sector.The survey reveals that more people are worried than optimistic about AI’s role in various professions.Concern is particularly evident in journalism, banking, and legal sectors.Men show more trust in AI compared to women, although overall optimism remains low.The legal sector is viewed sceptically, with only a minority embracing AI’s potential benefits.A comprehensive survey conducted by Readly, a digital magazine, has revealed the British public’s apprehension regarding the integration of artificial intelligence across multiple sectors, particularly emphasising the legal field. The findings indicate a generally cautious attitude…