When people think about the reasons they have left an organization or have not accepted an offer with a company, one of the key common factors is perhaps something one might not expect: development, or rather, the lack thereof. Compensation, while certainly important, is often not the deciding factor in the decision to work or stay somewhere.
The same need for development seems to be a growing emphasis as part of the recruiting efforts in […]
April has always been the month in which the majority of statutory payment rates are amended, but the Government recently decided that the annual uprating of a week’s pay and the maximum compensatory award for unfair dismissal, which historically have occurred in February, should also be moved to April.
The old and new rates of the affected payments are set out below.
Maximum amount of a week’s pay
1 February 2013 – 5 April 2014: £450
6 April […]
“GroKo” is the new buzzword in German politics. It stands for “Große Koalition” or Grand Coalition, the new German government composed of the Christian Democrats and the left wing Social Democrats. In the general elections of September 2013, the previous government of Chancellor Merkel lost its majority in the German Federal Parliament (the Bundestag). The liberal party (“FDP”), which formed the previous government with Chancellor Merkel, suffered a tremendous defeat and is no longer […]