Tag: terms and conditions

Credit checking your customers and setting credit limits

May 26, 2024

—

by

Team Kraken

in

Finance & Grants, Manage Your Cashflow, Uncategorised

Offering credit as a payment option can open your business up to new potential customers and increase your profits in the long term. However, there are a number of factors you should consider before offering credit to customers. If customers default on their credit payments, it could leave your business short of finances and cause…
When an employee retires

Jan 1, 2024

—

by

Team Kraken

in

Dismissals & Staff Leaving, Employment & Skills

Employees can generally retire when they want to. As such, you can only operate a compulsory retirement age if you can objectively justify it. This guide aims to give you an overview of what to do when an employee retires and gives details of where you can get more information and advice. Retirement ages and…
Know how much holiday to give your staff

Jan 1, 2024

—

by

Team Kraken

in

Employment & Skills, Holiday & Other Leave

Most workers are legally entitled to paid holidays/annual leave. A worker’s statutory paid holiday entitlement is 5.6 weeks (28 days for a worker working a five-day week). This can include public and bank holidays. The entitlement for part-time workers is calculated on a pro-rata basis. This guide shows you how to calculate a worker’s holiday…
Set up employment policies for your business

Dec 30, 2023

—

by

Team Kraken

in

Employment & Skills, Staff Documents & Employment Policies

You do not have to have a staff policy on every single aspect of your business. Indeed, some types of policy may be irrelevant or unhelpful. However, as an employer, you must set out details of your disciplinary and grievance procedures in writing and, if you employ five or more people, you must have a…
Hours, rest breaks and the working week

Dec 25, 2023

—

by

Team Kraken

in

Employment & Skills, Working Time

This guide will help you understand the maximum hours your employees can work and what rest breaks and rest periods you must offer them. It explains the special rules that apply to young workers, when your workers can agree to waive or vary the rules, and the sectors that are exempt. Working hours in a week…
Sunday working and night working

Dec 25, 2023

—

by

Team Kraken

in

Employment & Skills, Working Time

If you employ people to work for you at night, you need to know about the additional regulations covering the hours they are allowed to work, the minimum age of workers and health and safety issues. Anyone running a shop or betting business that is open on a Sunday needs to be familiar with the…
The employment contract

Dec 25, 2023

—

by

Team Kraken

in

Employment & Skills, Staff Documents & Employment Policies

The moment an applicant unconditionally accepts your offer of a job, a contract of employment comes into existence. The terms of the contract can be oral, written, implied or a mixture of all three. Even if you do not issue a written contract, you are under a legal duty to provide most employees with a…
Change an employee’s terms of employment

Dec 19, 2023

—

by

Team Kraken

in

Employment & Skills, Redundancy, Restructures & Change

You may wish to change an employee’s agreed contract of employment because your business has changed – for example, through economic circumstances. Areas you may want to change can include pay, hours worked, different duties or a new workplace. Sometimes an employee may wish to change the contract, perhaps to get better pay or working conditions, or…
Issue the correct periods of notice

Dec 19, 2023

—

by

Team Kraken

in

Dismissals & Staff Leaving, Employment & Skills

This guide tells you about the required notice periods that an employer or employee must give, whatever the reason for the employee leaving. The notice period will be determined either by law or by the terms of the contract with your employee, but it can be varied in some circumstances. This guide covers contractual and…
Flexible working – the law and best practice

Dec 19, 2023

—

by

Team Kraken

in

Employment & Skills, Working Time

Employees have the right to request flexible working, and you have a legal duty to give it serious consideration. This guide details the law surrounding flexible working requests, the eligibility criteria and how to respond to a flexible working application. The right to request flexible working – the eligibility criteria Certain employees have the statutory…
Workers leaving: the basics

Dec 19, 2023

—

by

Team Kraken

in

Dismissals & Staff Leaving, Employment & Skills

An employee might leave your employment for a number of reasons. They may resign or retire, or you may dismiss them because of redundancy or their poor performance. Sadly it could even be that they die while in your employment. For each of these reasons you need to consider a number of issues, including the…
When an employee resigns

Nov 19, 2023

—

by

Team Kraken

in

Dismissals & Staff Leaving, Employment & Skills

When an employee wants to resign, you can try to persuade them to change their mind but you can’t refuse to accept their resignation. If they later withdraw their resignation, generally you don’t have to agree to them continuing to work for you. You should act carefully though if the employee has handed in their…