Posts Tagged ‘post-brexit’

Weekly Brexit Update

Monday, November 27th, 2017
Get your Business HR Brexit Ready

Get your Business HR Brexit Ready

Irish Foreign Minister Simon Coveney raised the possibility of a breakthrough in Brexit talks next month, and urged the UK to make further concessions to allow talks to move to trade.

The Brexit journey will impact all businesses, whether trading with the UK or not, the broad implications of our closest neighbour no longer being part of the EU requires a HR Brexit strategy for all businesses and especially if companies are working with an international team or client base.

We want to support you in getting your business HR Brexit Ready and managing the dynamics that will begin to present themselves as the transition continues.

Email HRBrexit@voltedge.ie to see how we can help your business understand Brexit and be ready for its impacts.

Weekly Brexit Update

Monday, November 13th, 2017

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For Ireland there’s a dilemma – it wants to make sure there is no hard border but it also wants talks to move on to trade as it’s one of the economies most dependent on U.K. ties and a no-deal Brexit would hurt Ireland more than any other country but Britain.

The Brexit journey will impact all businesses, whether trading with the UK or not, the broad implications of our closest neighbour no longer being part of the EU requires a HR Brexit strategy for all businesses and especially if companies are working with an international team or client base.

We want to support you in getting your business HR Brexit Ready and managing the dynamics that will begin to present themselves as the transition continues.

Email HRBrexit@voltedge.ie to see how we can help your business understand Brexit and be ready for its impacts.

Weekly Brexit Update

Monday, November 6th, 2017

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An invisible border could be maintained “relatively” easily so long as Britain agrees a zero-tariff trade deal with the European Union, the Brexit secretary has said.

The Brexit journey will impact all businesses, whether trading with the UK or not, the broad implications of our closest neighbour no longer being part of the EU requires a HR Brexit strategy for all businesses and especially if companies are working with an international team or client base.

We want to support you in getting your business HR Brexit Ready and managing the dynamics that will begin to present themselves as the transition continues.

Email HRBrexit@voltedge.ie to see how we can help your business understand Brexit and be ready for its impacts.

Weekly Brexit Update

Monday, October 16th, 2017

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Bank of Ireland published a Brexit guide – Protecting against currency risk. The first step towards managing currency risk is to understand and quantify the exposure your business is open to. You need to review your costs and revenues to understand how exposed profit margins are to any changes in foreign currency rates.

The Brexit journey will impact all businesses, whether trading with the UK or not, the broad implications of our closest neighbour no longer being part of the EU requires a HR Brexit strategy for all businesses and especially if companies are working with an international team or client base.

We want to support you in getting your business HR Brexit Ready and managing the dynamics that will begin to present themselves as the transition continues.

Email HRBrexit@voltedge.ie to see how we can help your business understand Brexit and be ready for its impacts.

Weekly Brexit Update

Monday, October 9th, 2017

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According to Chambers Ireland Chief Executive Ian Talbot, Ireland and the UK are on the same page when it comes to wanting no physical border and prioritising the need for efficient cross-border trade, while making maximum use of available technology and SME friendly arrangements.

The Brexit journey will impact all businesses, whether trading with the UK or not, the broad implications of our closest neighbour no longer being part of the EU requires a HR Brexit strategy for all businesses and especially if companies are working with an international team or client base.

We want to support you in getting your business HR Brexit Ready and managing the dynamics that will begin to present themselves as the transition continues.

Email HRBrexit@voltedge.ie to see how we can help your business understand Brexit and be ready for its impacts.

Weekly Brexit Update

Monday, October 2nd, 2017

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According to Trayc Keevans, Director of Inward Investment Global with Morgan McKinley, businesses in Ireland need to be geared up to support UK citizens currently working here so as to reassure and retain them in the Irish workforce, and also to attract new skills and talent which may otherwise depart the UK in the context of Brexit. Foreign investment interest in Ireland is strong including multinationals considering Ireland as a European hub and who have already ruled out other locations. This is due largely to Ireland’s overall competitiveness, skills availability and supportive business climate which we must all work hard to promote and maintain.

The Brexit journey will impact all businesses, whether trading with the UK or not, the broad implications of our closest neighbour no longer being part of the EU requires a HR Brexit strategy for all businesses and especially if companies are working with an international team or client base.

We want to support you in getting your business HR Brexit Ready and managing the dynamics that will begin to present themselves as the transition continues.

Email HRBrexit@voltedge.ie to see how we can help your business understand Brexit and be ready for its impacts.

Businesses must get HR Brexit ready

Tuesday, September 26th, 2017

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After a successful launch in Dublin of our HR Brexit Ready programme in June with our partners – European Movement Ireland, Ronan Daly Jermyn, Fragomen, Morgan McKinley – we  visited Cork on 25th September and co-hosted an exclusive Brexit Briefing with Guest of Honour, Minister Simon Coveney, TD., Minister for Foreign Affairs and Trade with responsibility for Brexit. The emphasis was very much on business’ key asset – its employees. 

The series of events on the HR perspective of Brexit brought together business leaders and HR professionals to address how companies can help their people negotiate Brexit and the challenges it may create for them.

Chairing the seminar, Noelle O’Connell, Executive Director of European Movement Ireland, said: “It’s now nearly 6 months since Prime Minister May triggered Article 50 and with less than 550 days till the UK is due to exit the EU, it is vital that Irish businesses and organisations ramp up their engagement in terms of getting ready for Brexit. This is particularly important from a people and HR perspective and it is why we’ve brought together the leading companies in Cork to devise a HR Roadmap for Brexit.
Opening the conference, keynote speaker Minister for Foreign Affairs and Trade with Special Responsibility for Brexit, Mr Simon Coveney TD said: “Brexit presents unprecedented political, economic and diplomatic challenges for Ireland. The Government’s response has been unrelenting. Ireland’s concerns and priorities are fully reflected in the EU’s negotiating position. We are clear on what we want: the gains of the peace process protected, including avoiding a hard border; an orderly UK withdrawal; a sufficiently long and non-disruptive transition arrangement; and the closest possible EU-UK future relationship. We need to minimise the impact on our trade and economy. At home, the Government has already taken important steps to prepare our economy with more to come, including a new 10-year capital plan. But our businesses also need to prepare and the Government wants to help. Our enterprise agencies continue to work with companies, helping them to deal with Brexit – making them more competitive, diversifying market exposure, and up-skilling teams.”
 
Hosted in Ronan Daly Jermyn Law (RDJ) offices in Cork, RDJ Employment Partner, Jennifer Cashman noted that: “Businesses must focus their Brexit impact assessments on their greatest asset – their people. Irish employers with operations in the UK, and vice versa, must review and audit their staffing arrangements to identify any necessary restructuring. Employment contracts, secondment arrangements and expatriate arrangements must all form part of this audit process to identify the potential impact of Brexit on existing arrangements. Employers also need to be cognisant of the potential impact of Brexit on pensions, staff retention and succession planning and determine what steps need to be taken to mitigate the impact and risks.”
 
Focusing on the immigration impact for employers, Bill Foster, a Partner with Fragomen, noted that there are options for Irish and British nationals that will allow them to remain in each other’s countries post-Brexit and that should give both employers and their workers some comfort. However, he went on to say: “The August policy paper on Ireland from the British Government, saying they will maintain all rights under the Common Travel Area, is helpful for businesses to plan for Brexit, but there is an awful lot of work to be done by the UK government to satisfy all parties that the border with Northern Ireland will remain open and free from any control.”
 
HR business consultancy Voltedge’s Co-Founder, Joyce Rigby Jones, said that Voltedge suggests employers should appoint a ‘Brexit Champion’ to focus the business and have a central point of contact for employees. “Employees are our most important resource however Brexit planning continues to focus entirely on the business and financial implications – we need to re-focus on what is important”, she said.
Trayc Keevans, Director of Inward Investment Global with Morgan McKinley, was also speaking at the event. She commentated that: “There are high levels of mobility in the professional jobs market in Ireland and strong interest among potential inbound employees from the EEA including currently the UK where, in July, the UK government announced an end to freedom of movement for EU nationals by March 2019.” She added that: “Businesses in Ireland need to be geared up to support UK citizens currently working here so as to reassure and retain them in the Irish workforce, and also to attract new skills and talent which may otherwise depart the UK in the context of Brexit. Foreign investment interest in Ireland is strong including multinationals considering Ireland as a European hub and who have already ruled out other locations. This is due largely to Ireland’s overall competitiveness, skills availability and supportive business climate which we must all work hard to promote and maintain.”

This was the second of HR Brexit Events and we’d be delighted to speak to you further on any HR Brexit queries you might have and advise you on how to navigate your business and your team. Email HRBrexit@voltedge.ie.

Weekly Brexit Update

Monday, September 25th, 2017

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Brexit will have a considerable impact on our relationship with the UK and will pose many challenges. According to a recent CIPD Ireland survey of over 800 HR professionals, two-thirds (66%) reported that maintaining the free movement of labour between Ireland and the UK was either extremely important or very important for their organisation.

The Brexit journey will impact all businesses, whether trading with the UK or not, the broad implications of our closest neighbour no longer being part of the EU requires a HR Brexit strategy for all businesses and especially if companies are working with an international team or client base.

We want to support you in getting your business HR Brexit Ready and managing the dynamics that will begin to present themselves as the transition continues.

Email HRBrexit@voltedge.ie to see how we can help your business understand Brexit and be ready for its impacts.

Brexit and Beyond: Is your business HR Brexit ready?

Wednesday, September 20th, 2017

 

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Voltedge is delighted to be co-hosting an exclusive Brexit briefing on September 25th in Cork with Guest of Honour, Minister Simon Coveney, TD., Minister for Foreign Affairs and Trade with responsibility for Brexit. Our panel of UK and Irish experts will identify the HR roadmap to prepare your people and your business to navigate Brexit. With employees becoming more concerned about how Brexit may impact them personally this is a critical time to give clear and appropriate direction. As the countdown for the United Kingdom’s general election continues, the outcome will have a significant impact on the Brexit process and this in turn, will impact you business.

Keynote speaker: Simon Coveney, TD, Minister for Foreign Affairs and Trade with responsibility for Brexit.

The future status of EU citizens in the UK and UK citizens in the EU is one of the key issues in the current Brexit negotiations. The outcome of these negotiations has the potential to pose serious disruption to Irish businesses, and their employees, especially as the UK seeks to impose restrictions around the free movement of people. While the eventual impact of Brexit remains the subject of political negotiation, it is clear that business needs to prepare for all eventualities.

This is the second of HR Brexit Events and we’d be delighted to speak to you further on any HR Brexit queries you might have and advise you on how to navigate your business and your team.

 

DATE: Monday, 25 September, 2017

TIME: 8:00am – 8:30am Registration and light breakfast

8:30am – 10:00am Briefing and Panel Q&A

PLACE: Ronan Daly Jermyn, 2 Park Place, City Gate Park, Mahon Point, Cork

 

 Please email HRBrexit@voltedge.ie with any queries.

Weekly Brexit Update

Monday, September 18th, 2017

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There has been much discussion on what the status will be, post Brexit, of Irish nationals living and working in the UK, and UK nationals living and working in Ireland. For organisations with employees who commute over the border on a regular basis, the desire to maintain free movement arrangements and an open border are paramount. More on CIPD.

The Brexit journey will impact all businesses, whether trading with the UK or not, the broad implications of our closest neighbour no longer being part of the EU requires a HR Brexit strategy for all businesses and especially if companies are working with an international team or client base.

We want to support you in getting your business HR Brexit Ready and managing the dynamics that will begin to present themselves as the transition continues.

Email HRBrexit@voltedge.ie to see how we can help your business understand Brexit and be ready for its impacts.

Weekly Brexit Update

Monday, September 4th, 2017

brexit-update-v3As part of the 1998 Good Friday Agreement that brought peace to Northern Ireland, British nationals living there are also entitled to Irish (and by extension EU) citizenship — even if they’ve never set foot south of the border. Post-Brexit, that opens up a legal and political minefield (Bloomberg).

The Brexit journey will impact all businesses, whether trading with the UK or not, the broad implications of our closest neighbour no longer being part of the EU requires a HR Brexit strategy for all businesses and especially if companies are working with an international team or client base.

We want to support you in getting your business HR Brexit Ready and managing the dynamics that will begin to present themselves as the transition continues.

Email HRBrexit@voltedge.ie to see how we can help your business understand Brexit and be ready for its impacts.

Weekly Brexit Update

Monday, August 28th, 2017

brexit-update-v3There is certainly concern as to how Brexit will affect the close economic and social relationship between Ireland and the UK.

European Movement Ireland recently shared a few interesting stats:
– Dublin-London route is busiest in Europe – 4.5 million passengers in 2015 travelled across the Irish Sea;
– Exports of Irish goods to the UK in 2016 were €13.3 billion that’s down 4%, or nearly €500m from 2015;
– Exports of Irish services to the UK in 2015 were €19.8 billion, while the UK exported €12 billion in services to the UK that year.

The Brexit journey will impact all businesses, whether trading with the UK or not, the broad implications of our closest neighbour no longer being part of the EU requires a HR Brexit strategy for all businesses and especially if companies are working with an international team or client base.

We want to support you in getting your business HR Brexit Ready and managing the dynamics that will begin to present themselves as the transition continues.

Email HRBrexit@voltedge.ie to see how we can help your business understand Brexit and be ready for its impacts.

Weekly Brexit Update

Monday, August 21st, 2017

brexit-update-v3According to the latest Labour Market Outlook findings, over one in ten (12%) private sector firms say that the UK’s decision to leave the European Union has led them to consider relocation of some or all of their business operations abroad.

Popular relocation destinations among those firms that report they are considering moving their operations overseas include the Republic of Ireland (18%), Germany (15%) and France (13%).

Almost a quarter (24%) say they will move or are considering moving operations to a country outside of the European Union. Additionally, around a third of firms (32%) that plan to relocate some or all of their operations don’t know where business activity will be re-directed.

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The Brexit journey will impact all businesses, whether trading with the UK or not, the broad implications of our closest neighbour no longer being part of the EU requires a HR Brexit strategy for all businesses and especially if companies are working with an international team or client base.

We want to support you in getting your business HR Brexit Ready and managing the dynamics that will begin to present themselves as the transition continues.

Email HRBrexit@voltedge.ie to see how we can help your business understand Brexit and be ready for its impacts.

Your HR Questions Answered

Wednesday, May 24th, 2017

We aim to give our readers and followers the best advice when it comes to managing people effectively and every month you can read a digest of some HR questions that might be relevant for you.

Q: We have just re-designed our new Employee Handbook and updated it. We have issued it to all our employees and one employee has said she is refusing to sign the form that states she has read, understands, and agrees to abide by the handbook – what should I do?

A: If you are not making any significant changes it is surprising that she is not agreeing to sign it. We would suggest that you sit down and talk to her and ask her why she has a problem with this. Does she have a genuine concern about a policy – if so, what is it – can you resolve the issue? Does she have some other grievance that she has not discussed?

If she is just being belligerent, we would suggest that you ask her politely one last time, and if she refuses, ask her to confirm verbally that she has read the handbook, then write a note to her personnel file stating this. However, we would advise that there must be an underlying issue, so suggest you keep talking to her to understand her issue(s).

Q: With Brexit looming, we want to check if all our sales employees have Irish or EU passports – we are a sales organisation and we frequently expect our sales guys to travel to UK, Europe and further so having a passport that is easy to get into countries with is essential. What should we do about this?

A: What about having a ‘Bring your passport to work’ day? Inform your employees that it is important to have details of their passports when they are travelling (in case they lose their passport, become ill or there are any problems abroad). If any employee is unhappy with doing this, talk to them and explain why it is important for you as the employer to have a copy of their passport. If they have a passport that may cause difficulties in the future after Brexit – at least you can then have a plan to deal with this.

If you need advice on HR issues, drop us an email at info@voltedge.ie or contact the office for any additional information 01-5252914.

Key Trends and Challenges for HR for 2017 and Beyond

Tuesday, January 24th, 2017

As we embark on a new year we know that 2017 is going to be as interesting and exciting as 2016 was! In this article, we will provide you with an overview of the key trends and challenges in HR for 2017 and beyond, including highlighting some forthcoming legislative changes to watch out for.

National Minimum Wage Increase

With effect from 1 January 2017, the national minimum wage for an experienced adult employee was increased to from €9.15 to €9.25 per hour.

The national minimum wage applies to all employees, including full-time, part-time, temporary and casual employees, except the following categories of employees who are excluded from its provisions:

  • close relatives of the employer, such as a spouse, father, mother, son, daughter, brother and sister;
  • apprentices within the meaning of the Industrial Training Act 1967 and Labour Services Act 1987.

An experienced adult employee, for the purposes of the National Minimum Wage Act, is an employee who has an employment of any kind, in any 2 years, over the age of 18.

The following is a table detailing the national minimum wage for experienced adult employees and the sub-minimum rates for young people and certain trainees:

Category Minimum hourly rate of pay % of minimum wage
Experienced adult worker €9.25 100%
Aged under 18 €6.48 70%
First year from date of first employment aged over 18 €7.40 80%
Second year from date of first employment aged over 18 €8.33 90%
Employee aged over 18, in structured training during working hours:

·         1st one third period

·         2nd one third period

·         3rd one third period

 

 

€6.94

€7.40

€8.33

 

 

75%

80%

90%

Note: each one third period must be at least one month and no more than one year.

Employers need to be very aware of their obligation to pay the National Minimum Wage. During 2016 the Workplace Relations Commission investigated a large number of cases of underpayment of the National Minimum Wage. It is important to note that a claim under the National Minimum Wage Act can go back 6 years. It is also possible for the employee to bring claims under the Organisation of Working Time Act in respect of holiday pay and public holiday pay.

 Family Leave Bill

The government is drafting a Bill which will consolidate, with amendments, all existing family leave legislation including maternity, parental, adoptive and carers’ leave.

In early 2016, the Department of Justice, Equality and Law Reform invited stakeholder groups to make submissions to participate in and respond to the framing of the proposed legislation. Given the timescales, the resulting legislation will potentially be introduced during 2017.

 Employee Share Schemes

Following the recent public consultation on the issue of share-based remuneration, Minister Michael Noonan announced, as part of Budget 2017, his intention to develop a new, SME-focused, share-based incentive scheme which would be introduced in Budget 2018. The introduction of any such incentive will be subject to it having received approval from the European Commission under state aid rules. Any resulting initiative will be welcome as employee share incentive schemes are an effective way of offering tax savings to employees, encouraging employee participation and retaining staff.

 Post-Brexit Opportunities and Challenges for Ireland

In a historic referendum on 23 June 2016, the UK voted to leave the EU. Since then, many have been wondering what the impact of Brexit will be for Ireland. One of the major upsides for Ireland in 2017 will be the opportunity for jobs growth as more organisations look to set up European hubs in Ireland.

For Irish businesses that are exporting to the UK, exchange rate volatility will be their key immediate challenge. Since the Brexit referendum result Sterling has fallen by 18% against the Euro. This fall in Sterling will increase the cost of Irish exports to the UK and will mean increased competition in the form of British imports.

General Data Protection Regulation (GDPR)

The General Data Protection Regulation (GDPR) will come into force on the 25th May 2018, replacing the existing data protection framework under the EU Data Protection Directive. The GDPR introduces significant changes to European data protection law, in particular severe financial penalties for non-compliance. It is important that companies start preparing in 2017 for the introduction of these new rules. The Office of the Data Protection Commissioner has issued useful guidance on how to prepare for the GDPR and the document can be viewed here.

Get advice on Employment & Labour Laws in Ireland. Contact us now at 01-5252914 for any advice.

Margaret McCarthy, HR Consultant