Employers with 250 or more employees have a legal requirement to publish annual calculations showing how wide the pay gap between their male and female employees is. The 2019 reporting deadline is fast approaching. What impact is publishing this data having in practice?
The Benefits of an Age-Diverse Workplace
Having an age-diverse workforce can bring many benefits to an organisation. By making assumptions about individuals on the basis of their age, employers are on dangerous territory – and potentially losing out on skills and experience that could be an asset to their organisation.
Delegating Tasks, Not Accountability
SM&CR aims to make clear where responsibilities lie within an organisation. Nathan Matthews looks at how to delegate effectively, whilst retaining accountability.
Recruitment – What does your firm’s culture say about you?
It’s worth remembering that recruitment is not just about getting the best people for the job, it’s also about demonstrating that you’re an employer who people will want to work for. Lisa Powell explains why recruitment is as much a reflection on the employer as it is on the candidate.
Regulatory References and SM&CR
Under SM&CR, ‘regulatory references’ will be required for new appointments to Senior Manager positions and for new recruits who will hold a Certification Function – but what will these look like? Kate Foreman explains…
Non-Disclosure Agreements in Employment Settlements
Recent high-profile cases have revealed incidences of powerful and influential individuals using non-disclosure agreements or ‘NDAs’ to silence people who could speak-out about alleged misconduct.
Do you turn a blind eye to bad behaviour?
Can you honestly state that your firm has a purpose and a culture that sets an example within the financial services market? Under SM&CR, it will no longer be acceptable to sit back and say that you turned a blind eye to bad behaviour because of weak culture and governance.
Skills Uncertainty and SM&CR
Research suggests that three-quarters of the UK workforce are unclear on the skills their employer requires them to have. However, under SM&CR, firms must take responsibility for their staff being fit and proper and must know and be able to show who does what.
Sexual Harassment and SM&CR – the FCA has its say
A recent BBC Three documentary has raised important questions about what constitutes sexual harassment in the workplace. With SM&CR aiming to improve conduct at all levels, Kate Foreman explains why sexual harassment in the financial services sector is an issue that cannot be ignored.