The Chartered Institute of Payroll Professionals ……………………………………………………………Policy News Journal
an employment agency
working time limits (48 hour working week)
national minimum wage
minimum wage when working in farming or agriculture.
Pay and work rights complaints online
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Late payment reporting guidance launched for large businesses 6 February 2017
From April 2017, large companies and limited liability partnerships (LLPs) will have to publically report twice a year on their payment practices and performance, including the average time taken to pay supplier invoices.
Draft regulations have been laid in parliament will make large businesses publish details on the time taken to pay their suppliers to shine a light on bad practice. Latest figures show SMEs are owed £26.3 billion in overdue payments. Failure to report will be a criminal offence.
Guidance has been published which will help large businesses and limited liability partnerships prepare for these measures coming into force in April.
The changes are part of a package to shine a spotlight on bad payment practice and lead to improved standards. This includes the appointment of the Small Business Commissioner to support small businesses in resolving payment disputes, with the Commissioner’s office expected to be up and running later in the year. Recent findings from the payment processor Bacs report that nearly half of the UK’s small-to-medium sized businesses experience late payment, with £26.3 billion owed to them in total. The regulations laid in Parliament aim to tackle this by increasing transparency and helping small businesses make informed decisions about who they do business with. The modern industrial strategy green paper sets out a plan to improve living standards and economic growth by increasing productivity and driving growth across the whole country. The government is encouraging businesses of all sizes and anyone with an interest to respond.
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What makes for fulfilling work in later life? 7 February 2017
A new report has identified what people aged 50 and over value about work and explores actions employers can take to attract and retain them.
The Centre for Ageing Better has published a new report, Fulfilling work: what do older workers value about work and why?
According to the report, by 2020 one in three workers will be over 50. While employment rates for this age group have been growing, there still remains a rapid falling off after the age of 55. Increasing the numbers of people over 50 who are in fulfilling work is good for society, good for business and most importantly good for people themselves. Perhaps unsurprisingly, older workers value many of the same things as workers of other ages – such as making a meaningful contribution, social interaction and opportunities for learning and progression. Older workers are more likely to stay in work if they think their work matters, their employer supports them and their needs are taken seriously. However, for a variety of reasons, including age discrimination, this doesn’t always happen.
Patrick Thomson, Senior Programme Manager at the Centre for Ageing Better, said:
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