What is share vesting

What is share vesting?

Linkilaw Startup Advice & Tips

Developing a startup can be difficult, particularly with limited access to capital. And when it comes to compensating, hiring, and retaining talent – or finding potential investors – an early-stage startup may not have much to offer. In these types of situations, many startups turn to giving away equity as a tool to attract the right people. However, giving away …

Statutory Written Statement What is it and How Does it Differ from an Employment Contract

What is a statutory written statement and how does it differ from an employment contract?

Linkilaw Employee Regulations

The written statement is a document that English law requires employers to submit to their employees from day one of their engagement. The statement contains essential information about the employer and employee as well as indications about the employment relationship. In this article, we covered the similarities and differences between the written statement and employment contract. What goes into the …

Employees and contractors

Employees or contractors: which do you need?

Linkilaw Employee Regulations

Employees and contractors often work side-by-side at the same company, even doing the same or similar work. That’s why we usually see some misclassifications and owners having trouble deciding what is best for their business. However, there are very important legal differences between the two, going way beyond the job title. Employment status affects employment benefits, tax implications, liability, etc. …

IR35

How The IR35 Changes Might Affect Your Employment Contracts

Linkilaw Employee Regulations

The IR35, also known as “off-payroll working rules”, is a piece of legislation which was introduced to stop the avoidance of tax and National Insurance Contributions (NICs) when a worker provides their services through an intermediary. In the past, this legislation was limited to contractors working for public authorities. However, the scope of it has changed and has been expanded …

EMPLOYEES FIRST - CUSTOMER EXPERIENCE

Customer Experience: Why You Should Put Your Employees First

Linkilaw Motivation & Success

“Work is theatre, and every business a stage”. With a touch of Shakespearean word play, Joseph Pine and James Gilmore coined the phrase that christened the Experience Economy. In equally theatrical tone, the Harvard Business Review eloquently describes the business mechanisms of the Experience Economy – “a company intentionally uses services as the stage, and goods as props, to engage …

hiring employees for your startup

Legal Mistakes To Avoid When Hiring Employees For Your Startup

Linkilaw Employee Regulations

Staying in line with UK employment law is serious business and you must be aware of laws when hiring employees for your startup. Legal mistakes in hiring and managing staff can be costly. These mistakes can lead to lawsuits, government fines, and a dysfunctional workplace and business culture. In the worst case scenario. but one that is not unheard of, …

Use Disciplinary Procedures To Minimise Risk

Linkilaw Employee Regulations

Disciplining employees is one of those dreaded and unfortunate aspects that you must sometimes deal with as a business owner. However, you cannot take a haphazard approach to disciplinary procedures when employees are involved. There actually needs to be a sound legal framework behind it or you will face possible unfair dismissal claims or claims of discrimination. [tweet_dis_img][/tweet_dis_img] In this …

Use Disciplinary Procedures To Minimise Risk

Linkilaw Business Structures

Disciplining employees is one of those dreaded and unfortunate aspects that you must sometimes deal with as a business owner.   However, you cannot take a haphazard approach to disciplinary procedures when employees are involved. There actually needs to be a sound legal framework behind it or you will face possible unfair dismissal claims or claims of discrimination. [tweet_dis_img][/tweet_dis_img] In …

Personal Beliefs in Business: Finding a Balance

Linkilaw Employee Regulations

We’ve all been there. One moment you’re casually surfing around the Internet, enjoying the casual scrolling and clicking, and then the next you’re falling down the rabbit role of a heated Internet debate. Who hasn’t felt for at least once the overpowering urge to chime in on an online argument over an important or controversial topic? To offer their two …

Employment Law: Know Your Redundancy Rights

Linkilaw Company Law

Although getting laid off is a major blow for most people, both from a financial and psychological aspect, it can also prove a real blessing in disguise. That’s why, in the face of a redundancy dismissal, it’s so important to land on your feet as best as you can. It’s the right time to gain a fresh perspective and embark …