Whilst there’s no magic solution to attracting and retaining good quality staff, a competitive remuneration package is clearly a key component, comprising both financial and non-financial benefits, ideally along with scope for in-house career progression.
We can support the development of your employee remuneration strategy by advising on employment-related tax issues including:
- Balancing attractive remuneration with corporate tax-efficiency;
- Tax treatment of company cars / vans / vehicles;
- Inducement, redundancy and termination payments;
- Non-financial employee incentives;
- Profit related pay, Give as You Earn, share schemes, childcare vouchers, etc;
- Planning and accounting for benefits in kind;
- Tax dispensations for expenses payments;
- Tax treatment of employees who work from home.
We’re also well placed to offer advice regarding the recruitment of and salary levels for financial staff. More generally, we can assist in establishing systems for employee appraisals and with certain other Human Resources issues.
For other employment-related legal requirements and staff development support, we can introduce you to specialist employment solicitors and business coaches respectively, with whom we’ve developed close links over time.