HR
Don't cost-cut a critical business asset; corporate knowledge
As corporate finance departments continue to examine ways to save money and create value, management often resorts to redundancies. However, as Dan Doherty points out, without a carefully thought out employment and training strategy the company may be throwing away some of its most valuable assets, management knowledge and skills.
Tax implications for corporate finance on directors' redundancies
Redundancy is a word that's likely to make a come-back, but pain can mitigated by knowing the tax system. Should you be a managing director, own your own business or be party to the directors' night of the long knives in which you find your own fate wrapped up with the doomed, when can you get tax-free payments? Nichola Ross Martin examines how the accountants can help the corporate finance department.
Employees could be more expensive than you think
Staff costs are typically measured by calculating payroll and training as a percentage of the company's revenue. New research has revealed hidden employee costs. Mary Clarke, CEO of Cognisco, explores the findings and identifies how the finance team can mitigate against these.
Business needs Olympic belief and preparation
Like most of the country, I was enthralled by the Beijing Olympics and the achievements of Team GB and reminded how success so quickly breeds an envir...
The Bottom Line:If Mr Cable has his way...
"If Mr Cable had his way, all the big banks would be broken up and bonuses would be virtually eliminated - a sure-fire way in my view of guaranteeing an end to the UK’s ability to compete as an international financial centre. Let’s not forget that this is a man who is on record as saying that everyone who works in a bank has an ‘aristocratic lifestyle’ clearly demonstrating his lack of understanding of the sector." A tough line on bankers’ bonuses could make a brain drain of financial talent a distinct possibility, warns Paul Marsden. Read more