Spring!! what better time to dust off the Employment Law cobwebs and make sure your business is spick and span.
For many businesses it is the New financial year and the perfect occasion to check everything is as it should be.
On 1st April 2016 the New Living Wage came into effect which raised the minimum salary for over 25’s to £7.20 per hour. If you haven’t done so already make sure that all staff who fall into this category are getting the right pay and if you are feeling really organised make a note of all the 24 year olds to ensure they are paid correctly as soon as they have a birthday.
Shake off the old paperwork and check that all of your employee documents are up to date. This includes:
- Checking that you have proof all your staff have the right to work in UK. (It can be a whopping £20,000 fine per employee if you don’t)
- Making sure all staff new and old have employment contracts.
- Reviewing your policies and procedures and ensuring your handbook is up to date.
The end of March saw the Modern Slavery Act come into effect although this is directed at businesses with a turnover of 36 Million or more this may have a knock on effect on smaller businesses. Why not take some time to think about how your business is preventing modern slavery in the work place.
Measure success and failure so that your business can grow. There is no time like the present to assess your business. When looking at the financial figure for 2015/16 you may want to look at how productive your staff have been.
Ask yourself what you can do to improve the work mindset and ability of your staff. Do they require training, team building, refocus or just a reminder about what the company is working towards.
Perhaps have a performance review or appraisal of staff to ensure that you are keeping the positive areas in your business and leaving the less positive in the last financial year.
For advise or support with Employment Law in your business call Orchard Employment Law on 01634 564136 or email firstname.lastname@example.org