Articles

The daily economic headlines currently paint a rather depressing picture, not only for individuals but also for most businesses. The continued economic squeeze, due to rising inflation and reduced demand for products and services, can only lead to more financial distress for the majority of business owners.

Internal fraud is costing businesses millions of pounds – despite the vast majority of perpetrators displaying prominent warning signs.

It would be somewhat optimistic to conclude that, given the government restrictions ordering the public to stay at home in 2020 and 2021,

How do we get more people living in smaller or rural communities, spending less time and money commuting, and protect the environment all at the same time?

As we are all very aware, inflation is currently running at exceptional high levels. In fact, current levels stand at 9.4%, their highest level since February 1982.

If asked, most organisations will assert that they listen to their employees. They may even point you towards a suggestions box, or an annual employee survey that they use. However, what do we really mean by ‘listening’?

The importance of inclusion and belonging during the war for talent

We are all painfully aware of the current inflationary pressures, particularly when we see our energy bills.

Is your organisation preparing now for the inevitable arrival of Gender Pay Gap reporting?

The journey towards digitisation in the Northern Ireland Courts is not one that could be described as easy, and it is a journey which is far from finished, but the recent publication by the Commercial Courts of a Practice Direction on ‘eBundling’ is another significant step along the road.

Business owners should always have an eye on an exit strategy, even if it is not a short-term consideration.

If employee engagement and retaining people is a priority for your business, embarking on a review of your employee policies and handbook is a great place to start – to enhance the overall employee experience.

I often wonder why we make the topic of the employee value proposition so complex, especially now during a period being called ‘The Great Resignation’. Organisations are fighting to keep their top talent, recruit new employees in a very competitive talent landscape, and work on their employer brand, all the while without speaking to their people. Employee expectations, both current and future, shouldn’t be a mystery – we must simply ask people what they need and want.

With restrictions lifting and things returning to, dare I say, ‘normality’, it’s inevitable that a return to the office will be on the horizon for most of us, if it hasn’t happened already. With this return to the office comes tremendous change and uncertainty.

Grant Thornton were involved in a significant workforce survey taken in the greater Dublin area, across five counties during the month of January 2022. The results provide a good overview of workforce challenges and sentiment at the moment amongst employers, and could be equally applicable to the greater Belfast area and Northern Ireland.

Climate scientists are unambiguous about the need for rapid reductions in carbon emissions to meet the aim of limiting average levels of global warming to 1.5 degrees Celsius.