There has been a specific focus on regulatory reporting functions within banks across London following a number of scandals surrounding misreporting. This has led to many banks hiring skilled specialists to bolster their functions.
“Our people are our greatest asset” - this well-known phrase can be heard time and time again in the workplace. However, many companies fall short when it comes to employee retention and this is proven to be both extremely costly and time consuming.
The cost of living in London is on the rise, in particular housing prices are now astronomical. To help with attracting and retaining talented employees, some companies are offering housing support as a benefit.
Under the proposed changes to IR35 due in April 2020, the responsibility of determination will move to the end hirer or client and the liability for deducting and paying the tax will rest with the fee payer.
The development of technology and the establishment of cloud based working becoming all the more important for Multinational Enterprises, the approach to flexible working arrangements has inevitably been thrust into consideration.