When to use a PEO in the UK
When to use a PEO in the UK, when to not and when to bring your employees in-house IMA’s 2nd blog celebrating 20 years Although the subject line is PEO (Professional Employee Outsourcing), the reality is, the UK operates an Employee of Record (EOR) business model as employees are solely employed by the Outsourcing Company as opposed to jointly employed (as in the US). In terms of the day-to-day operation, there are minimal differences between a PEO and an EOR and, as PEO is a more widely used international term, I will continue using this abbreviation. Looking at when a PEO is most useful – speed is probably the greatest benefit in the UK. International companies can have dedicated staff operational within a couple of weeks whereas the typical time it takes to be able to employ UK staff, through a wholly owned subsidiary, is around 6 to 9 months…
IMA Celebrating 20 Years
Step 1 for an international company launching successfully in the UK It’s scary to think that International Management Answers (IMA) is celebrating its 20th birthday, the time has flashed by…! Since 2003, business has changed radically, and my team and I have gained invaluable experience on how to support our international clients so they can operate successfully and profitably in the UK. This is the first blog in a series during 2023 to celebrate 20 years of operation and the purpose of this initial article is to explore what it takes for an international company to launch successfully in the UK. The quote “time spent in reconnaissance is seldom wasted” is as true today as it was when it was first quoted more than 70 years ago. The starting point I would recommend for any international company considering operating in the UK, without prior market experience, is to make sure…
Differences in HR practices between UK and USA
As novelist George Bernard Shaw said, “England and America are two countries separated by a common language”, a quote often used to highlight the differences between the UK and the US. This quote serves as a reminder that whilst we are culturally alike, and we approach business in similar ways there are often some important variations with the delivery; this is particularly highlighted in the differences in HR practices.
NIHR support for medtech research
The NIHR supports medtech research through commissioning and funding research projects and programmes. Through the innovation pathway, NIHR supports the development of medical devices and diagnostics. Companies can access these resources at any stage in their clinical development process.
What is the NIHR?
The NIHR, short for National Institute for Health and Research, is the research arm of the NHS. The NIHR is the most integrated clinical research system in the world and is uniquely placed as a location for medtech research.
BREXIT: What does the vote to leave mean for the UK?
In the light of recent events, IMA encourages businesses to keep London and the UK on the list of best places where you can live, work and from where you can build a global presence. Medical Device companies will be happy to know that the BREXIT vote does not have an impact on the way in which the NHS operates. The National Health Service remains the best healthcare system in the world, as rated by an international panel of experts, and it will continue to be the Gold Standard and an immutable point of reference.
What is required for an FDI client to be legal in the UK?
Our HR & Recruitment Director Esther McLeod will be running a workshop on the 8th of February for London and Partners. The workshop will focus on the Do’s and Don’t’s for Foreign Direct Investors who wish to set up in the UK.
GREAT Tech Awards Winners
IMA proudly supports the ‘GREAT Tech Awards Competition 2015‘ organised by UKTI USA. Seven tech companies have been selected as the winners of the UK government’s third annual GREAT Tech Awards. We congratulate all the participants and we look forward to meet the winners in the UK. You can read the official press release below. [PRESS RELEASE] NEW YORK – 30 October 2015: Seven US tech companies have been selected as the winners of the UK government’s third annual GREAT Tech Awards. The winners were announced last night at a gala in New York City hosted by Danny Lopez, British Consul General in New York. The winners represent innovative companies in the US tech scene that aim to build an international presence. They will receive a bespoke business development trip to the UK during the week of 30 November 2015. The category winners are: for CleanTech,…
GREAT Tech Awards Competition
IMA is a proud supporter of the ‘GREAT Tech Awards Competition 2015‘ organised by UKTI USA. Managing Director Nigel Taylor will be offering business development services and market entry advice to the lucky winners. Nigel established IMA in 2003 following a career as a sales focused General Management where he led major Government PFI bids in the vehicle Leasing Industry. Throughout Nigel’s career he was constantly being asked to do things which neither he or his company had ever done before; accordingly, IMA has been established to support companies who experience the same issues Nigel faced during his own corporate career. About the Competition Twenty-four tech companies have been announced on the 30th of September as finalists for the UK government’s third annual GREAT Tech Awards. Danny Lopez, British Consul General to New York, announced the names at a reception at the British Residence in Manhattan today.…
Shared parental leave: early and late arrivals
The new shared parental leave (SPL) regime – which came into force on 1 December 2014 – will be available to eligible parents where their baby is due on, or after, 5 April 2015. What happens if the baby is born late or early? What is shared parental leave? The new, rather complex, shared parental leave (SPL) regime came into force on 1 December 2014 . Eligible parents of babies due on, or after, 5 April 2015 will be able to take SPL – either together or at completely different times – in the first year of their child’s life. The mother will still have to take her two weeks’ compulsory maternity leave following the birth but, thereafter, she can curtail her right to maternity leave and the parents may split the remaining 50 weeks between them. Note. The amount of SPL which may be taken in…