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Business Risk Services
Our Business Risk Services team deliver practical and pragmatic solutions that support clients in growing and protecting the inherent value of their businesses.
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Corporate Finance and Deal Advisory
We offer a dedicated team of experienced individuals with a focus on successfully executing transactions for corporates and financial institutions. We offer an integrated approach, with our corporate finance specialists working seamlessly with tax and other specialists to ensure that every angle is covered.
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Economic Advisory
Our all-island Economics Advisory team combines expertise in economics and business with a wealth of experience across the public and private sectors.
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Forensic Accounting
We have a different way of doing business by delivering real insight through a combination of technical rigour, commercial experience and intuitive judgment. We take pride in delivering responsive and tailored solutions to all our clients, capitalising on the wealth of experience housed within our Belfast and wider Forensics team
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People and Change Consulting
The Grant Thornton People & Change Consulting practice works with clients on these issues as well as on all aspects of how they attract, retain, engage develop, deploy and lead their people.
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Restructuring
We work with a wide variety of clients and stakeholders such as high street banks, private equity funds, directors, government agencies and creditors to implement solutions which provide the best possible outcomes.
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Technology Consulting
Motivating and assisting our clients to pursue, maintain and secure the benefits of digital solutions is at the core of our Digital Transformation teams' agenda and goals. We work with business leaders to deliver efficient digital strategies and operating models that provide new or enhanced capabilities.
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Corporate and International Tax
Northern Ireland businesses face further challenges as they operate in the only part of the UK that has a land border with a country offering a lower tax rate.
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Employer Solutions
Our team specialises in remuneration and incentive planning and works closely with employers, shareholders and employees to ensure that business strategies are aligned and goals achieved in the most tax efficient, cost-effective manner.
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Entrepreneur and Private Client Taxes
Our team of experienced advisors are on hand to guide you through any decision or transaction ranging from the establishment of new business ventures, to realising value on exit, to succession planning and providing for loved ones.
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Global Mobility Services
Grant Thornton Ireland offer a different approach to managing global mobility. We have brought together specialists from our tax, global payroll, people and change and financial accounting teams across Ireland and Northern Ireland, while drawing on the knowledge and insights of our global network of over 143 offices of mobility professionals to provide you with a holistic approach to managing global mobility.
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Outsourced Payroll
Our outsourced service provides valued service to over 150 separate PAYE schemes. These ranging from 1 to 1000 employees, working for micro, SME and global employers. The service is supported by the integrated network of tax and global mobility teams and the wider Grant Thornton network delivering a seamless service. Experienced staff deliver a personal service built around your business needs.
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Tax Disputes and Investigations
Our Tax Disputes and Investigation team is made up of tax experts and former HMRC investigators who have years of experience in dealing with a variety of tax investigations. Our expertise and insight can guide you through all interactions, keeping your cost at a minimum while allowing you to continue with the day to day running of your business.
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VAT and Indirect Taxes
At Grant Thornton (NI) LLP, our team helps Northern Ireland businesses manage their UK and global indirect tax risks which, as transactional taxes, can quickly become big liabilities.
When times are tough, staff training and development is often one of the first budgets to be slashed. And yet, when times are tough, we also need our people to step up, adapt to changing circumstances, and pull together in the same direction to deliver results. This is more likely to happen when people are given support and feel valued for their extra efforts. Most employees are much more willing to go the extra mile when they believe their employer is doing the same for them. It’s a reciprocal relationship between employer and employee; and so, rather than cut employee training, I would encourage employers to seek lower-cost options that will still deliver results, and mentoring fits the bill.
Mentoring is different from coaching. Mentors are typically more experienced than those they mentor (the mentee), and are willing to share their expertise, experience or insights with the mentee. More experienced or skilled doesn’t necessarily mean ‘older’. I know of mentoring programmes where young graduates mentor board members on using social media. As digital natives, they have skills and insights into how to connect with their generation, which an older generation would benefit from understanding.
The beauty of mentoring is that it requires very little input or investment from the organisation, but the payback is tremendous. If you don’t already have a mentoring programme, here are the steps to help you get a programme up and running:
Step one: Send out a staff survey, explaining the purpose of a mentoring programme, and asking who would like to be mentored. This will inform how many mentors you need to recruit. Ask the mentees to identify their reason for wanting to be mentored, as this can be helpful when matching them to the most appropriate mentor. This definition may help: Mentoring is a voluntary partnership between two individuals, based on a mutual desire for learning and development. It is a form of assistance and replaces none of the organisational structures in place. The focus for mentoring is knowledge exchange and behavioural change.
Step two: Ask for volunteer mentors. Typically, we like to have the mentors be one or two grades higher, and from a different team or department, if possible. This creates the psychological safety to allow the mentees to be open, and have different conversations than they do in their own team.
Step three: Facilitate a short induction programme for mentors, to set them up for success. Outline what mentors do, the process, confidentiality, and logistics.
Step four: Facilitate a similar induction programme for mentees; highlighting their role – to take ownership of the meetings, set their goals, take actions between meetings, and value the mentor’s time.
Step five: Match the mentees with the mentor that is a best-fit; bearing in mind the ideal objectives and organisational structure, and make introductions.
Step six: Let the pairs get on with it, but offer support should it be required. A check-in part way through the programme is also a good way of monitoring progress.
By following these six steps, you can reap the rewards of developing staff, while keeping costs to a minimum. And it’s not just the mentees that will benefit from this investment. We often find that the mentors get an awful lot from the experience, too. And in these tough times, this win/win is particularly valuable.