Business

The gender pay gap has been declining slowly over time and in the last decade it has fallen considerably. However, there is more work to be done, to ensure that employees are paid equally for doing the same work, regardless of their gender. According to the Office for National Statistics (ONS), median hourly pay for […]

Financial engineering is the use of mathematical techniques to solve financial problems. Financial engineering involves the application of quantitative techniques and engineering principles to create innovative financial solutions. The objective is to address the intricate challenges of financial markets, providing a sophisticated framework for risk management, investment strategies, and the development of new financial instruments. […]

Generative AI is already impacting business, employees and the wider economy. The advent of generative artificial intelligence (AI) has ushered in a new era of efficiency and innovation, fundamentally altering the landscape of how we work. This powerful technology, exemplified by offerings such as Chat GPT, has already begun to revolutionise various industries, reshaping workflows, […]

Online business models are great, but there is a reason why Ikea and Lego are opening physical stores. Traditionally, businesses focused on developing high-quality products to meet customer needs and expectations. However, the modern consumer is not merely seeking a transactional exchange – they crave a holistic experience that goes beyond the tangible features of […]

Change is inevitable in business and change programmes need to be managed effectively. Change programmes must be managed properly if they are to succeed. The management team must lead by example and articulate the vision and strategy for change in order to help employees understand why the change is necessary, how it aligns with the […]

Disruptive innovation creates a new market and value proposition that displaces established market leading firms, products or services. Disruption and innovation are terms that are used a lot in business. However, true disruptive innovation is a dynamic force reshaping industries and challenging traditional business models. It’s not just about incremental improvements but rather a radical […]

Become a more effective manager – here are the top tips to help you reach your potential Effective managers get the best out of their people, develop loyal teams and drive ongoing success in their respective firms. Becoming a more effective manager requires a combination of leadership skills, communication finesse, and a keen understanding of […]

KEY FILING DATES – DECEMBER 2023 TAX RETURN OR PAYMENT PERIOD PAYMENT & FILING DATE Local Property Tax Declaration of value of properties that will become liable for LPT 2023 2nd December 2023 Dividend Withholding Tax DWT November 2023 14th December 2023 Professional Services Withholding Tax (PSWT) F30 November 2023 14th December 2023 Capital Gains […]

From 1 January 2024, three types of benefits that are made without the deduction of tax must be reported to Revenue when they are paid to employees or directors. Collectively known as ‘reportable benefits’, they are: The remote working daily allowance of €3.20;  Travel and subsistence expenses; and The small benefits exemption. In November 2023, […]

Here is how applying Mayo’s Human Relations Theory can foster a more harmonious and productive workplace. Mayo’s Human Relations Movement, an enduring pillar in management theory, resonates deeply in contemporary business environments. Applying its principles can result in a more productive workplace, as well as a better culture in the firm, overall. At the heart […]