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Strategies for motivating employees.
At Connected Accounting we can advise businesses in the St Albans area on many aspects of business life. Here are some pointers for employee incentives...
Incentive schemes can have great benefits both for your business and your staff. Rewarding good performance motivates your star employees, and encourages others to emulate their achievements. However, there are pitfalls, so tread carefully when devising an incentive scheme. Here are some do's and don'ts:
Call us if you would like help in developing strategies for motivating employees and reducing staff turnover.
If you are in the St Albans area and are looking for help and advice from a team of professional accountants and business advisers, contact Connected Accounting.
14 Jan 2022
The government has launched a consultation on the framework for rolling out the 15% global minimum tax on profits which will be payable by the largest multinationals from 2023.
13 Jan 2022
HMRC has warned that businesses must declare any coronavirus (COVID-19) support grants or payments on their company tax returns and stated that the grants and payments are taxable.
12 Jan 2022
The Treasury's decision to freeze income tax thresholds will drag over one million people into the higher rate tax band over the next four years, according to research commissioned by the Liberal Democrats.
11 Jan 2022
Research published by Nucleus Commercial Finance has revealed that over half of small and medium-sized enterprises (SMEs) in the UK are confused about the government's plans to 'level up' the country.
10 Jan 2022
HMRC's Fraud Investigation Service (FIS) has now recovered more than £1 billion from proceeds of crime and tax offenders.
07 Jan 2022
HMRC is waiving late filing and late payment penalties for self assessment taxpayers for one month.
06 Jan 2022
The British Chambers of Commerce (BCC) has warned that businesses are facing 'unprecedented cost pressures', with inflation predicted to surge.
05 Jan 2022
HMRC has revealed that 2,828 customers filed their self assessment tax return on Christmas Day, compared to 2,700 in 2020.
Get in touch with us today for a fresh perspective and a free consultation.