The latest FraudTrack report from BDO shows that the value of fraud in the UK fell from £2.1 billion to £746.3 million between 2017 and 2018. BDO have been tracking UK fraud cases over £50,000 since 2003, and suggest that the true scale of the fraud, bearing in mind underreporting, could actually be as high […]
Honda, the Japanese car manufacturer, builds 160,000 Honda Civics a year in Swindon, which is its only car factory in the EU. The company has just announced that it will no longer produce work from its Swindon plant by 2021. This will mean a loss of more than 3,500 jobs, says the BBC. The move […]
Late last year, KPMG, one of the Big Four accounting firms, caused a fuss when they announced that they would begin to fine employees who handed in their timesheets late. Many employees are unhappy about this policy, as they feel like it is a patronising and childish way to treat professional adult employees. This kind […]
Tensor, the parent company of Time and Attendance UK, has joined the Made in Britain directory. This organisation aims to gather all British manufacturers into their directory, membership of which is demonstrated with their registered mark, in order to create a widely-used and well-regarded procurement site for goods created in Britain. It was founded in […]
Time and attendance systems are the perfect technical solutions to enable the implementation of carers policies within UK firms, a measure that would help them save up to £4.8 billion a year in unplanned absences and a further £3.4 billion in improved employee retention, according to research by Centrica. According to Carers UK, one in […]
The government are bringing in new legislation which will offer better protection to workers on zero-hour contracts, agency employees or gig economy workers. These workers will need to be told about their employment rights, like eligibility for sick leave, on their first day in a new role. They can ask for more predictable hours, though […]
There are many reasons for companies to consider buying or upgrading a time and attendance management system. For example, to make the process of running payroll easier, or to be able to spot potentially troublesome absence patterns from one glance at a screen rather than having to flip through calendars or scroll through emails. A […]
Time and attendance systems are a must-have for companies and organizations that take up a large number of temporary workers for the Christmas period, as they streamline the on-boarding process and also reduce the workloads for HR departments. The demand for temporary workers is at an all-time high at the minute, with fresh research from […]
Failing to properly record their employees’ sickness absences could have risky legal repercussions, UK companies are being warned. Market research by a leading global professional services firm Aon has revealed that many employers fail to accurately record their staff’s absence. This poses a legal risk which can negatively impact insurance premiums, increase business risks for […]