Category

Management

HR employee recording the required SMCR finance training in their HR system

Preparing for the SMCR extension: How the new rules will impact HR

By | HR News, Management, Recruitment | No Comments

In 2016, the Financial Conduct Authority launched the Senior Managers and Certification Regime (SMCR).  Initially applied to all UK banks and building societies, the regulations aimed to set a new standard of conduct for those working in financial services.  In turn, it hoped to protect consumers and strengthen the integrity of financial services, following years of perceived malpractice that culminated in the 2008 financial crash. This year, the regulations are to be extended. From the 9th December 2019, the SMCR will apply to all FCA (Financial Conduct Authority) solo-regulated UK financial services firms – bringing almost 50,000 further businesses under…

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What is Agile HR – and how to get started

By | Culture, Management | No Comments

Unless you’ve been buried under paperwork for the last decade (entirely plausible in the HR world), you’re bound to be at least vaguely familiar with the concept of ‘Agile’ project management. Agile methodology was the brainchild of software engineers in the 70s and 80s, developed as a way to speed up their development projects. It was founded on the principles of collaboration and iteration – breaking down large, complex projects into shorter work cycles, delivered by multi-functional teams. Agile has since been adopted by all kinds of different industries and is now one of the most widely recognised project management…

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Introducing performance management into a fast-growing company

By | Human Resources, Management | No Comments

As you grow as a company, your HR grows with you. And at some point, you reach the stage where the administrative processes are all working nicely – so the basic HR needs of your employees are all covered. And it’s at this point that you should start thinking about organised and structured performance management. This will help you keep tabs on employee productivity and output, which is vital in a fast-growing company where lots of new people are joining. But for your performance management to be successful you need to move away from the dreaded ‘annual review’ style that…

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Administrative HR tasks SMEs should start automating

By | HR Software, Human Resources, Management | No Comments

While most HR teams recognise the importance of adding strategic value to their business, the time-consuming nature of HR administration is often a major barrier. Overwhelmed by the plethora of admin tasks required to keep your business running day-to-day, it can seem impossible to find time to make any significant contribution to your company’s future direction. HR initiatives such as reducing absenteeism, implementing a performance management process or improving reporting and analytics, will all add much greater value – nevertheless, the routine administration must be done, whatever your strategic priority. The problem is exacerbated when everything has to be done…

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How to be a Better Boss

By | Human Resources, Leadership, Management | No Comments

The role of a ‘boss’ is an interesting one. Often the role is filled more for success or productivity in a role which is not itself solely about management. Promotions to boss-status happen because you’re ‘good at the job’ which doesn’t necessarily equate to being a good boss. Therefore, many bosses find themselves in this role with no real training or learning on how to do it. No one sets out to be a bad boss, however, so let’s take a look at how to be a better boss. Unless you work in an industry stuck in the dark ages,…

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