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Employing Staff

As your business expands, you may need to think about taking on people to help you and as an employer, there are a number of things you will have to consider. In fact, if you fail to follow the correct procedures you may incur penalties.

For example, male and female employees doing the same or similar job should be paid at the same rate and given the same terms of employment. The rate and terms should only be different if there is a non-gender based reason for it (such as a pay award for length of service).

If an employee becomes a parent or adopts a child while working for you they may be entitled to a variety of payments including Statutory Maternity Pay (SMP), Statutory Paternity Pay (SPP) or Statutory Adoption Pay (SAP). You may also be required to allow for flexible working hours for employees with children.

If you would like more information or advice about this, please complete a Quick Enquiry Form and we will arrange for one of our expert advisers to contact you. You can also call us on 0845 108 0505.

Businessloans.co.uk can help you with every aspect of business finance. For the best deals available for personal loans, visit us at www.personal-loans.co.uk

 

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