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This month, we have published our annual SME Business Survey report. In its third year, the survey asks SME business owners ten varied questions in order to understand key themes in what challenges lie ahead for businesses of fewer than 250 employees across multiple industries, including manufacturing, education, care, hospitality,

The Department for Business, Energy and Industrial Strategy (BEIS) has published new best practice guidance on the practice of dismissal and reengagement. A consultation period has opened for a period of 12 weeks, in which it seeks views from employers, professional bodies and unions on the proposals set out within

With being just three weeks into the new year, many employers will unfortunately be thinking that their employment challenges remain the same as those in 2022 – stagnant wages, increased costs, recruitment challenges, employee engagement and retention, and dealing with the implications from industrial strike action. We have seen from

As the employment landscape remains volatile and businesses continue to face challenges such as labour and skills shortages, the importance of a well-crafted reward and recognition strategy has become increasingly clear. This strategy can play a crucial role in helping businesses retain a high-performing and engaged workforce. Understanding the Employment

Creating a detailed people plan is integral to business success. It’s crucial for businesses to regularly review and update their business and people plans to ensure they remain aligned with current goals and challenges. In this article, we explore how to create an effective people plan that drives success through

What is Blue Monday? Blue Monday is the third Monday in January and came about almost 20 years ago by a psychologist who identified a formula for defining “January Blues” after having been asked to identify the best day for booking a summer holiday. Blue Monday came about after he

There is no single definition of “leadership”, which means different things to different people. These include “getting others to follow”, or “getting people to do things willingly” or simply “inspiring and influencing” other people. Some people are ‘born leaders’ whilst for others this skill needs to be nurtured and developed

We are all aware that the cost of living crisis is having an impact on us all and has lead to many people taking up second jobs. Now, following the latest data published by the Office for National Statistics (ONS), we can see that the crisis is also a trigger

Employers must plan their payroll carefully this month because of the additional Bacs non-processing days, which are Monday 26 and Tuesday 27 December. Careful planning will ensure payments are processed in time to ensure employees do not miss out on expected payments (or deductions). This is especially important this year,

Christmas is a time when many of us enjoy socialising with our friends and work colleagues. There are some instances, however where drugs and alcohol may be involved, and it is important to have clear policies in place which are communicated to your employees. Drug and alcohol abuse should never

A part-time worker is a person “paid wholly or in part by reference to the time he or she works” and who is “not identifiable as a full time worker”. So a part-timer is any worker who is contracted for fewer hours than would normally be regarded as full-time for

As we enter 2023, planning for the year ahead has never been more important. The UK’s employment climate remains volatile due to several significant domestic and global influences. These include the rebuilding after the pandemic, a change in Government, the war in Ukraine, a cost-of-living crisis, a recession as well

Christmas is almost upon us and naturally, this means that we are entering the season for gifts and festivities. From time to time, suppliers or customers/clients may invite your employees for a drink or a meal, drop off gifts to thank you for using their services or providing a good

Employing people from different backgrounds and with different experiences can help to achieve a more diverse workforce. Individual differences, including languages, if managed correctly, can contribute to business success by bringing fresh ideas, more creativity, and a broader perspective. By reflecting the local population, or your existing and potential customer

The World Cup has officially begun in Qatar and lasts for almost a month. Both Wales and England will be taking part and with football being the national sport of England, and Wales qualifying for the first time since 1958, it comes as no surprise, that there will be many

The cost of living is rising and many people are facing financial difficulties. Tax increases and energy prices are the main culprits causing the majority of people feeling much worse off after payday. Financial struggles can cause many employees to ask for increased pay or even look for employment elsewhere,

We now have further clarity on the Government’s fiscal policy going into 2023 which will now enable businesses to finalise their 2023/24 budgets. The Chancellor of the Exchequer set out in the Autumn budget the following changes regarding business and managing people: The National Living Wage, which is in place

It is fair to say that following the pandemic, the world of work has changed significantly. One major change is the ability, in some instances, for a job to be performed from any location, even overseas. Not surprisingly therefore, nearly 3 in 5 employees plan to work abroad, according to

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2023/2024 SME BUSINESS SURVEY

Our latest 2023/24 SME Business Survey sheds light on the intricate dynamics shaping the SME sector and unveils critical insights that can guide businesses toward sustainable success.

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