The 2009 pre-budget report included a one off 50% Bank Payroll Tax payable by banks and other financial services firms on bonuses exceeding 25,000 awarded to any employee between 12.30pm on 9 December 2009 and 5 April 2010. Treasury officials have estimated that the new levy will apply to a little more than half the bonus pools being set aside for the new year: it will apply only to discretionary awards and not those written into the employees contract. According to the Financial Times, the Treasury is expecting the tax to raise a net figure of more than 1bn which is almost double the estimate given by the Government in the pre-budget report.
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Tax on City Bonuses
The continued importance of employee engagement and rewarding talent during the recession has been emphasised by a recent poll of around 950 workers, commissioned by PricewaterhouseCoopers LLP (PwC). Researchers found that one in three UK employees (33%) say that they have not felt valued by their employer during the recession and would leave for another job if they could. The polls findings suggest that those employers who have failed to reward and appreciate their employees suring the recession will see an exedous of talent as the economy recovers. The poll also reveals that only 7% of those questioned did not understand how their role fits within the big picture of the organisation they work for; 41% of those who said their employer had shown appreciation for them in the downturn said they had no plans to leave as a consequence of this loyalty. Recent research also revealed that the way an employer shows appreciation is important. Some rewards are considered more valuable than others: the rewards which scored highest were cash bonuses (90%), gift vouchers (89%) and extra annual leave (89%). Gifts, such as a free MP3 player, digital camera or similar technology gift were valued by 80% of employees, whereas only 67% would appreciate being fast-tracked for promotion. Traditional perks such as a work-sponsored drink or lunch with their colleagues were valued by 62%. The challenge for any employer who finds itself unable to offer pay rises this year will be to think creatively about the lower cost rewards you can offer. Think about the behaviours youd like to encourage amongst your staff and how you might recognise and reward those behaviours. What works for one workforce will not necessarily work for another and any reward strategy should take into account the value your staff are likely to place upon particular benefits.
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Recearch finds 33% of UK workers feel undervalued by their employer
Snapsuit Make and Take Lark Books Booth Saturday 23 3:00 – 4:00 Book Signing @ Barnes and Noble just after I’ll be doing a baby snapsuit make and take in the Lark Books booth! Come join in the fun and get crafty. We have super cute iron-ons from Plaid and FolkArt paints for altering a snapsuit. Lark Books – Spring 2010 available for pre-order Barnes and Noble Amazon
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Join me at CHA for a Make and Take at Lark Books
The Artful Crafter Come one, come all – free decorator candles! The only catch is that you have to make them yourself; but that’s half the fun. Here’s how to make your own zero cost candles. Stefanie Girard’s Sweater Surgery Skull and cupcake necklace using “Chaos” Wire wrapping from the cool new book: Chain and Bead Jewelry Creative Connections Mixed Media Artist Nikki Yeager shares her glue transfer technique with Cyndi’s readers! Thanks Nikki! Margot Potter The Impatient Crafter Madge shares some new advice for a new year! Cross Stitch at About.com Start a new ornament collection – join Connie and stitch a new one each month
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Crafty Links
Lace Doily Flowers These sweet and delicate flowers are simple to make. You will only need a few supplies and some dry time. They look pretty sitting solo on a table and stunning gathered as a bouquet.
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Pearl and Doily Flowers
60 mod podge flowers 1 flat wallet purse 1 neck-stand with large butterfly necklace 1 cork wedgie shoes 1 flat shoes 1 blue and peach hand with ring and bracelet 1 green hand with 7 bangle bracelets, 1 bead bracelet and 2 rings 1 necklace stand with flower pin and 2 necklaces 1 necklace display with a necklace and pin 1 necklace display with a belt buckle and 2 necklaces 1 head with a headband 1 head with a headband and necklace 1 head with a copper hat 1 5X7 canvas with earrings 1 5X7 canvas with pendant necklace 1 8X10 canvas with pendant samples 1 9X10 canvas with necklace 1 12×12 canvas with a necklace
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Phase 4 – CHA prep done and going to Fed Ex
Once again, Eric Siebert of vSphere-Land, is asking you to vote for your favorite Virtualization blogger. And since Train Signal is sponsoring the survey, you also get a chance to win one of two copies of our VMware vSphere Training once you place your votes. You get to choose your top 10 favorite virtualization blogs and rate
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Vote for Your Favorite Virtualization Blog & Win vSphere Training
A small Center City, Philadelphia law firm is seeking a legal assistant with experience and knowledge of applying for, appealing, and getting files ready for hearing in SSI and SSDI cases.
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Work-at-Home Social Security Legal Assistant
Last week, the Milwaukee Journal-Sentinel reported on a royally paid journal editor: In 2002, Thomas Zdeblick, a University of Wisconsin orthopedic surgeon who has pocketed millions of dollars in royalties from the spinal device maker Medtronic, took over as editor-in-chief of a medical journal about spinal disorders. It would be the beginning of a beautiful friendship
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The $20 Million Dollar Journal Editor
In an interesting read, with an interesting conclusion, New Scientist explores incompetent managers and how they get that way ( Why your boss is incompetent , 17 Dec 2009). The article covers new research that reinforces the ideas first posited in 1969’s The Peter Principle , written by psychologist Laurence Peter and playwright Raymond.
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New Scientist: Incompetent Bosses…Better to take pity on the poor souls
At ” Are Dissmissive Industry and Government Reactions to Physician Concerns about EHR’s and other Clinical IT Simply Perverse? ” I observed that cavalier dismissals of physician reports on HIT unusability and difficulties fit quite well the definition of “perverse:” Merriam-Webster dictionary: Perverse (adj).
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More on Perversity in the Healthcare IT World: Is Meditech Employing Sockpuppets?
I’ve written in the past that IT has become something of a religion, with computers as an altar or shrine, programmers and technicians as clergy, programming a sacrament, and an irrational exuberance and “faith” prevailing about the computer’s miraculous capabilities despite growing literature to the contrary. Of course, my focus has been on computers in medicine . I am generally very happy with Windows 7
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IT Religion and Windows 7 "God Mode"
Gosh it’s tough finding time to blog at the moment… When I’m looking for music on the web and can’t find it at Juno Download or Beatport , I inevitably try a Google blog search which will often lead me to the track on some nice person’s blog.
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CeCe Peniston – My first YouTube audio-only video
Last year my friend Melissa Ingold took over Alice Seba’s Internet Marketing Sweetie brand. She has a Saturday Report Club there that I had never had a chance to check out, but this past week Melissa gave me a sneak peek into it… Inside the club are new reports every month to help you learn internet marketing
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Need a Step-by-Step Action Plan?
In March 2009, State Labor Commissioner M. Patricia Smith announced a record settlement with nine Asian restaurants in New York City which required owner Tsu Yue Wang to pay $2.3 million in minimum and overtime wage underpayments.
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A Dubious Distinction: Department of Labor Settles Record-Setting Enforcement Claim in 2009
Recently, I was reading a post about sponsored Tweets , which sparked debate in both the comment section and on Twitter. The debate boiled down to whether or not a sponsored Tweet, or any sponsored content for that matter, is ethical.
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Your Dream is Under Attack
One of the most frustrating aspects of affiliate internet marketing especially for anyone who has only recently become a home based internet business owner, is the possibility of working really hard to market their chosen affiliate programs and then find that they are reaping very little reward for all their efforts.
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Some Helpful Hints to Relieve the Frustration of Marketing Your Internet Business Affiliate Products
Clint was asking me about my WordPress plugins on All Freelance Writing the other day, and then a writer group I’m with was talking about WordPress plugins as well.
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My Favorite WordPress Plugins for 2010
On Christmas eve, my sweetheart Rick asked me to marry him . And I said YES! Only problem is there is NO room for him to move in . You see while putting away the Christmas decorations, I came across a hidden stash of books in the crawl space of my basement
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Help Me Clear out 1000 books and Give My Fiance room to move in the house!
Last week I posted a quick overview of the Windows 7 Certifications, defining the difference between MCTS and MCITP and briefly introducing each of the Windows 7 exams. Today I will cover the Windows 7, Configuring exam in depth so that you can get a better understanding of what skills the exams covers and what you
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Windows 7, Configuring (Exam 70-680)