IRIS Inspire - Issue Seven - January 2024
Hello, and welcome to the first newsletter of the year!
As we come to the end of the first month, we want to extend a warm greeting to both familiar faces and new friends joining our community.
In this edition, you can discover exciting updates, fresh perspectives, and valuable insights to kickstart your year.?
Here's to a month, in fact, here's to a whole year of discovery, growth, and connections. Let's unlock the employee lifecycle together.?
Happy Reading!
?? GUIDE: Utilising technology for recruitment success
In today's rapidly evolving tech landscape, staying at the forefront is crucial for attracting top talent. By integrating cutting-edge software and AI solutions into your hiring process,?
you can streamline recruitment and captivate candidates in innovative ways. Our guide explores AI's?pivotal role in recruitment, tackling bias elimination, and the advantages of digital transformation in hiring. Stay abreast of technology trends to elevate your recruitment game.
?? BLOG: Can you save on your software investment?
Navigating the challenges of the UK economy, businesses anticipated additional incentives for investment in the recent Autumn Statement. The Chancellor's announcement brought a significant win with the permanent implementation of full expensing. Now, UK businesses can deduct 25p for every ￡1 invested in plant and machinery, encompassing various areas, including technology. While the government offers clear guidelines for applying full expensing to hardware, the same clarity is lacking for software. So, how can full expensing translate into savings for your software investments?
??? PODCAST: Sharpening your recruitment arrow
As the talent crisis persists, HR faces relentless pressure to expand teams and alleviate the burden on overworked staff. The recruitment process, however, proves excessively time-consuming, from crafting job descriptions to candidate matching, limiting achievable outcomes.
In this podcast, Lee McQueen , Founder and CEO of Phoenix51 , and Natalie Tedstone , VP of Talent and Organisational Development at IRIS Software Group , delve into technology automation and AI tools. They highlight areas where HR teams and business owners can make time-saving strides, empowering every hour to meet urgent staffing needs.
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??? Dates for your diary
Wednesday 31st January — Tax Returns
Online self-assessment tax returns must be received by HMRC by the 31st of January.
Saturday 6th April — Employment Relations Act 202
The Employment Relations (Flexible Working) Act 2023, along with additional regulations, introduces the following changes:
You can read about the upcoming Employment Law changes in our blog.
?? GUIDE: Navigating the cloud
In the era of technological progress, businesses are adopting cloud computing to enhance efficiency and cut costs. Despite its transformative potential, navigating the cloud migration process can be daunting without expert support. The key to a successful transition is understanding the process and the benefits it brings?to your business. Whether you're considering a move to the cloud or seeking more information, dive into our guide for valuable insights. Elevate your understanding and explore the possibilities of cloud migration—download our guide now.
?? BLOG: Five financial management predictions for SMEs
As 2024 unfolds, the remnants of past years will significantly influence small businesses' financial management. The persistent economic uncertainty offers ample speculation grounds. Leveraging insights from our experts, we've identified five key trends shaping financial management for small businesses in the year ahead.
?? We hope you enjoyed this newsletter. Don't forget to subscribe by clicking the button below. ??