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From garage to unicorn – Employment law lessons for scaling tech teams
Catherine Bourne
The GDPR has introduced a new accountability principle: the data controller “shall be responsible for, and be able to demonstrate compliance, with” each of the six principles of the GDPR. For a principle summarised in 10 words, there is a significant amount of work required by organisations to ensure accountability. And there may be significant consequences if this work is not undertaken.
Each year, the Chartered Institute of Personnel Development (CIPD) produces a report on health and well-being in the UK. This year, having surveyed over 1,000 HR professionals, the CIPD study (in partnership with Simplyhealth) revealed some notable areas of concern.
The High Court has dismissed a claim brought by a former employee for negligent misstatement, following receipt of a negative reference provided by his employer. This case serves as a useful reminder for employers about the detail which can be included within a reference and the risks associated with expressing opinions, as well as the competing duties which a reference writer owes to the departing employee and to any prospective employer.
Last month, the Financial Conduct Authority (FCA) published a discussion paper, the purpose of which was to collate views from industry leaders, academics and practitioners to encourage debate on how best to bring about a sustainable cultural shift in the financial services sector. The paper forms part of a wider discussion on culture in financial services, of which other key players like the Financial Reporting Council (FRC) (Report: Corporate Culture and the Role of Boards) and the Banking Standards Board (BSB) (Statement of Principles for Strengthening Professionalism; 2018 Annual Review) are a part.
From 6 April 2018 important changes will be coming into force in relation to the way termination payments are taxed.
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