Archive for the ‘Businesses’ Category

When an offer of employment is made to an applicant, it is usually made on the condition that they satisfactorily pass pre-employment checks. If they fail these checks, for whatever reason, an employer is entitled to retract their initial offer. 

Image Credit

Some employment checks are compulsory and a legal requirement for employers. Others, on the other hand, are conducted depending on the industry and nature of the role. For more information as to what checks your employers need to conduct, see here:

Right to work in the UK

All employers are legally obligated to check whether or not every new starter (of all nationalities) is entitled to work in the UK. A new employee is required to provide documentation to employers that confirm their right to work in the UK, prior to commencing employment. These documents should be verified, and a copy taken, to keep on record in the employee’s personal file.

It is imperative that employers carry out this particular check. Failure to do so can lead to a significant fine or even a criminal conviction.

Image Credit

DBS check

There are also particular roles that will require employers to meet safeguarding demands. Employers can request a DBS check via the Disclosure and Barring Service (DBS) to determine if an applicant has any criminal convictions that would deem them unsuitable for employment. If you have any questions go to Carecheck DBS checks.


Employers will also need to ascertain whether an applicant is suitable for a position by obtaining references from previous employers, and from other professional sources. The information provided should be objective and anything discriminatory found on a reference should be disregarded.

Other checks

Employers can conduct other checks, such as verifying an employee’s driving licence, if they are employed as a driver, or conducting health checks when it is required by law. They should also request documentation to verify a candidate’s qualifications that are required for the role

Furthermore, employers may also carry out online searches and check social media accounts to confirm the suitability of a candidate. These searches must be recorded, including when and what was accessed. As the internet and use of social media continues to grow at a rapid pace, the law is still playing catch up, so make sure information that could be deemed discriminatory is not considered.

Many corporate away days have started to resemble nothing more than a group jolly, with no underlying principles or purpose. Therefore, it’s as important as ever to concentrate on why the company is paying for an away day and what ROI it can expect to reap. Our list continues here to help you plan a better away day.

Image Credit

1. Can you measure the KPIs of your day?

When considering the KPIs of your event, you should look at PDP measurables (the Pre Event, During Event and Post Event results). A pre-event measurable might be employee engagement or cohesion, but how do you measure this and carry it forward to during the event and post-event to see if any change occurred? How about starting by holding a vote on the choice of away days? This is a great sign of engagement, that can be similarly measured by a vote on an in-activity activity and a post-day review.

2. Don’t call team bonding an away day

An away day must have a specific goal. By definition, it is an off-site meeting with an agenda designed to use the new place to free up the mindset. If you intend to have your team abseil, drive a tank and herd some sheep, call it team bonding instead.

Image Credit

3. Stay within a good budget

Remember that it’s not a reward; it’s business. Some companies do take their employees off to a three-day spa in Evian, but if you want to get your team engaging and interacting to find out who the natural leaders are, you’d be better sticking to the tank idea and going to to get the adrenaline flowing along with the ideas.

4, Don’t pick a theme

Again, this isn’t a kid’s party. While you’re standing in front of the whiteboard throwing ideas around, everyone sticking their hands up for a “Pirate Day Out” might have you all feeling very funny and original, but once the initial thrill wears off, you’ll all find yourselves dressed in stripy shorts in Plymouth on a chilly day feeling a little embarrassed.

While these rules may sound like killjoys, it’s vital to remember you’re having an away day to achieve something. Don’t let it become derailed with good intentions.

Artificial intelligence (AI) and chatbots could play an important role in the future of the banking industry, with these methods increasingly being used as a way for banks to talk to their customers. Chatbots and AI are low cost compared with employing real humans to do the task; in addition, the robotics element can be attractive to tech-savvy banking customers.

Image Credit

Messaging platforms

Many digital banks without a real-life office are attracting more customers. Some of these companies include big names in the online world, such as Cleo, Wealthfront and Stripe. Customers can conduct simple transactions easily, such as paying bills and making transactions. They can also use messaging platforms to talk about their finances, such as WhatsApp and Facebook Messenger.

It is also possible for online banks to use algorithms to enable customers to search for advice on various banking topics.

Automated virtual assistants

Many high-profile fintech companies, such as Plum and Digit, use chatbots to enable microsavings. The chatbots are core products and provide easy automated services and wealth management services. These include underwriting services for loans and insurance, data analysis, and the detection of fraudulent activity. They use an automated virtual assistant to help with many queries.

Image Credit

Technology in banking has made huge advances in recent years, with more people getting used to the idea of chatbots and other technology in their daily banking. Public acceptance of these tools means they are likely to be used even more in the future, especially by young people. Some major suppliers of specialist IFA software, such as, are starting to enable easier customer access to expert financial and mortgage advice.

Voice recognition software

Other breakthroughs in banking technology include the idea of banks using voice recognition technology as a form of secure ID. This can mean customers who want to use the tool can login and performing their banking operations using their distinctive voice patterns rather than the usual passwords.

Cost is another important issue. Regular banking apps can be expensive, as they require lots of coding; in contrast, chatbots are relatively simple to code. The growing popularity of instant messaging to communicate means that customers are happy to use these kinds of chatbots. Cloud-based systems also mean that banks can save money on data storage.

Privately owned companies, partnerships or sole proprietorships companies that runs with small number of employees compared to big corporate companies are called small business. Generally their capital tends to be small and they raise the capital privately either to their own investment or by taking loans from the financial institution. Governments across the world tend to provide numerous financial assistants and aids to help them grow and establish themselves in the market. There are special loan schemes, waiver of taxes among the benefits that government and financial institutions provide to small businesses. Normally small business comes up in segment like services, grocery stores, standalone super market, bakeries, restaurants which are of small size, web based services like hosting, designing of the websites.

They vary in terms of size, revenues generated from country to country or even city to city sometimes. Some small business in one country may require license and other statutory works to be formally completed before they start up their venture and in some other country they may just need to register with the relevant local authorities alone. At this point small business forums will be of great help to the aspiring business people who want to start their own business. These forums can support and guide the people in filing up the relevant paperwork’s and submitting the same to licensing authorities.

Small Business forums members can share their own experience with other members which may help someone if they come across situation in their business in future. Normally, small business suffers from the lack of capitals at crucial points. Since they can’t raise the funds through public offering, they tend to rely on their ability to fund the company from variety of sources including financial institutions. It is not certain that if a person who is an expert in certain field can be a good business man on the same field since running the business needs expertise and other skills than technical skills of the particular trade. Normally small businesses fail because they tend to have no plan or proper road map for the growth of the business. Visit :