Keeping Your Business Up To Date With Changing Employment Law
Employment law is changing all the time, and keeping up with these changes can be a job in itself. For larger companies, doing so is not such a major undertaking as individuals in sizeable HR departments or even full-time legal advisors will almost certainly be charged with following such changes and implementing new processes accordingly. However, for smaller companies, having the personnel and resources to constantly follow, understand and implement employment law changes is an unlikely scenario and in turn many companies do not make relevant changes until long after they should.
Whilst certain changes, such as those regarding pay or holidays, will affect all companies immediately, other changes may only affect companies in special circumstances and so it is often these that will be overlooked, with documents not being changed at the time and in turn being completely forgotten about as other things crop up and consume a workforce’s attention.
However, there are simple ways to implement new processes and update documentation as and when employment laws change, and it may not only take far less time than many companies imagine, but it may also be far more cost-effective too.
Sourcing business documentation
Following changes to employment law should be relatively straightforward. There will be plenty of online resources offering advice and information about changes as they occur and it should be relatively easy to check in with these sides on a periodic basis to learn about changes as they are announced. From here, keeping up to date with changes should be as easy as downloading relevant, updated business documentation and updating HR procedures accordingly.
By combining simple, easy to digest information about changes to employment law with simple online business document templates, it should be very easy to alter your current processes and the documentation that governs them as and when laws change. There are sites available that will offer you all the templates you could need for your business for just a very small annual charge, ensuring that even the smallest businesses can keep up to date with legislation without it costing them a fortune, and in turn allowing them far more chance of competing with their much larger competitors.
Changes this Year
This April, a number of changes will come into force, and knowing them and sourcing documentation relevant to them will be important for all businesses. For example, from April 6th, a law will come into force that could see employers who are unsuccessful at tribunals having to pay financial penalties on top of any payout they have to make to a claimant. Knowing about this change will not only be important to ensure that employers understand the full financial risk of a tribunal but also so that they have a better understanding of how to face a tribunal too, and whether or not settling prior to proceedings will make far more sense. Limits for claims are also being increased.
Other changes coming this April include an increase to auto-enrolment time periods, an increase to statutory maternity pay and a change to the statutory procedure on discrimination information.
The easiest way for companies to follow such changes will be to use online resources, consult legal specialists where necessary and always ensure that they have access to document templates to reduce the hassle and confusion that can be caused as laws – and in turn processes – change.