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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.

Bonuses 111
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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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The $100,000 Bill: ALL Labor Law Changes Impact Your Bottom Line

HR Bartender

Three-quarters of respondents (74%) said it’s more expensive than 2007. I remember years ago working for the airline when a proposed fuel tax was going to impact our business. Not only did the company make their feelings about the tax known, but employees contacted their legislators as well. It’s costly.

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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.

Banking 109
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Why the over 50s are leaving the workforce in huge numbers

Workplace Insight

This is what happened after the global financial crisis of 2007-09, for instance. The government might therefore consider extending these incentives, such as Working Tax Credits , to reach lower-middle class people to try and encourage them to return to work.

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Tribunal finds Oxford University professors should have had employee status

Employee Benefits

Alice Jolly and Rebecca Abrams worked at the university since 2008 and 2007 respectively, and both taught the Master of Studies degree in Creative Writing. An employment tribunal has found that two creative writing professors who were employed as gig workers by Oxford University should have had employee status.

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Charles Gregory Solicitors to pay £32,000 after incorrect employment transfer

Employee Benefits

Eduardo Grazioli worked for regulated firm Rider Support Services from 2007 as a paralegal and later a personal injury solicitor. London law firm Charles Gregory Solicitors has been ordered to pay an employee £32,000 after it transferred his employment to another business without due notice or consultation.