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Parfitt Cresswell establishes employee ownership trust

Employee Benefits

Through the employee ownership trust, staff can attain an indirect beneficial interest in the business and can share in its success through the use of tax-free bonuses up to £3,600 per employee per year. The firm was first established in 1908 and was acquired by the current owners in 2007.

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Lovewell’s logic: Engaging employees with sustainability

Employee Benefits

Other high-profile examples include Marks and Spencer, which has long taken such an approach, launching its Plan A initiative in 2007. How engaged are employees with your organisation’s sustainability strategy? What role do they have to play in helping to achieve targets?

Retail 101
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How in-memory technology could affect HR applications

Ahmed's Universe

Enterprise systems in general, and HCM suites in particular, have struggled with the issue for so long, especially in the analytics space, that they had to resort to acquiring best-of-breed systems to plug what was an embarassing gap in their offering: SAP bought BusinessObjects in 2007 followed shortly by Oracle''s acquisition of Hyperion.

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Working Weekends—Greece Approves a Six-Day Workweek

HR Digest

Soon, the 2007 global financial crisis proved to be a breaking point for the country’s economy. Despite receiving bailouts, the country struggled with taxes and expenses and defaulted on loans, creating a terse and uncertain climate across the region. hours, with Romania, Poland, and Bulgaria following immediately behind.

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The Value of Retention: Hiring and Keeping Employees for the Long Haul

Asure Software

Competitive pay, performance bonuses, other financial rewards and promotion from within the company can also be strong incentives for attracting and retaining talent. Fostering an engaging and dynamic company culture plays a large role in keeping employees happy, and ultimately can mean the difference between them staying or opting to leave.

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Managing a business in a recession: 5 strategies

Insperity

The financial crisis of 2007-2009 was the worst of many of our lifetimes. Companies may feel they can no longer pursue plans to expand operations, pay bonuses or even keep the workers they have. There have been more than 40 recorded recessions in the United States, and each is unique. Some last for months; others last years.

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19 Easy Ways To Honor National Boss's Day

Vantage Circle

By 2007, Hallmark Cards expanded its National Boss' Day line by 28 percent. Four years later, in 1962, Illinois Governor Otto Kerner backed Haroski's registration and officially proclaimed the day. It wasn't until 1979 that Hallmark Cards released a Boss' Day card. It'll help them get the praise, bonus, or hike that they deserve.

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