Dismissing an employee can expose a business to risk. However, removing a member of the senior executive team can create further risk if done incorrectly. This is because a senior executive will often be a registered director at Companies House and a shareholder. This means that a company must comply not only with employment law, but also the law of company and contract.
At Banner Jones Solicitors our Business Legal Services team comprises of expert employment and commercial solicitors here to ensure the smooth removal of any senior member of your executive team. Get in touch today.
Gender Pay Gap Reporting: Your Questions Answered
Over time, the gap between women’s and men’s median hourly earnings has been narrowing. In fact, according to the Office for National Statistics (ONS) it has fallen by over a quarter among full-time employees in the last decade.
The General Data Protection Regulations
What do you need to know? The General Data Protection Regulations (‘GDPR’) come in to force on the 25th May 2018 and whilst the Regulations are new, the principles and requirements are not. The GDPR is an overhaul of the Data Protection Act 1998 (‘DPA’), and extends to the processing of personal data of all data subjects in the whole of the EU. Brexit will not prevent businesses from needing to comply with the Regulations. In practice for those businesses that have already been complying fully with the DPA, they should not need to undertake much work to ensure that they are compliant with the GDPR, and will at the very least have the basics in place.
Guide to Selling a Business
There are many factors to consider when selling a business and it isn’t something that should be entered into lightly. Our free guide runs through some of the important considerations this involves.