Also in the news...
Northern Ireland firm expands into new markets after new partnership between UKEF and Ulster Bank
UKEF’s support helping Maxflow gain access to capital through its General Export Facility (GEF) will see the business expand into new export markets.
New global growth team
A new ‘global growth team’ of UK Trade Envoys has today been appointed by the Trade Secretary to drive UK exports and investment.
New 'global growth team' appointed by Trade Secretary
A new ‘global growth team’ of UK Trade Envoys has today been appointed by the Trade Secretary to drive UK exports and investment.
UK Trade Minister visited South Africa and Botswana to strengthen trade ties
This was the first visit to Africa by UK Minister for Trade Policy Douglas Alexander, which forms part of the UK Government’s wider resetting of partnerships with Africa, which the Foreign Secretary set out in November during his visits to Nigeria and South Africa.
Former Amazon boss named interim chair of CMA
Doug Gurr will lead the CMA on its mission to support growth for the UK
Employing Staff in the UK
The UK government describes 7 things you need to do to employ staff in the UK. Of course, this assumes that you already have the entity through which you will employ them and banking facilities which allow you to fund salary and benefits in the UK.
Some steps (e.g step 7 – “check if you need to automatically enrol your staff in a workplace pension scheme) will lead to additional actions, for example the set up of a suitable pension scheme.
What the guide does not cover is “optional” steps such as the implementation of employee benefits schemes. These can be important if it is your aim to attract and retain a higher level of talent as employees will value things like private medical insurance in addition to competitive pay.
For many businesses, establishing a UK entity and employing here directly will be the right route. But there is another way. Agility PEO can employ on your behalf as a UK Employer of Record. All 7 steps in the below referenced guide are then taken care of by us and we will additionally advise on what supplementary benefits may be suitable in your scenario.