We
have compiled a weekly round-up of HR and business news in numbers:
0.2% - UK growth contracted 0.2% in the last three months of 2011. What
does 2012 hold for everyone?
£300 could be what businesses in a Scottish city are charged for their own
parking spaces provided to employees. A reserved car parking
space at work is often highly prized... Early bird catches the worm!
At the time of writing, it is 182 days, 10 hours, 56 minutes and 6 seconds
until the British Olympic Games begin. Basically, it is 6 months today
that the hype of the Olympics will reach its peak. There could be an
opportunity for your business to take advantage of the Olympics, but also be
aware of employees wanting time off to attend /watch/volunteer at the games, so
plan ahead.
£963,000 - The bonus paid to RBS chief Stephen Hester, who will be receiving
the hefty sum as a bonus in shares. It has caused an outcry given the bailout
provided to RBS and their ongoing cost cutting exercises.
2.69 million is the unfortunate number of rising UK unemployment. Without
wearing rose coloured glasses, it is positive that the government has announced
its’ Youth Contract to help and support employers in
recruiting young people. This needs to get moving quickly.
£68 million is the substantial amount of compensation given to ex-Woolworths
staff. An employment tribunal ruled that administrators had failed to follow
redundancy procedures and awarded ex-workers a protected award for failing to
consult.
£158 million - You will read more information about salary sacrifice schemes in
our upcoming newsletter (which you can subscribe to here for free) but
this week we find recruitment firm Reed could lose up to £158m in a ruling in a
tribunal that it’s tax bills were incorrect when providing a salary sacrifice
scheme to its’ temporary workers.
£1 trillion – British debt hits £1 trillion mark in December.
Difficult to comprehend really because written
out it is - £1,000,000,000,000
Balancing
the books is always a priority!
