If you’re running a CIC, here’s the truth most directors miss… Many Community Interest Company (CIC) directors assume payroll is something you “set up later” — once the organisation grows. But here’s the risk:The moment you pay yourself or anyone… Read More ›
Payroll
Unlocking Efficiency: 10 Compelling Reasons to Outsource Payroll for Your Community Interest Company
In the vibrant realm of community interest companies (CICs), every resource plays a crucial role in advancing your mission. Among these, efficient payroll management stands out as a linchpin for organizational success. However, handling payroll in-house can prove daunting, diverting… Read More ›
10 Reasons Why Outsourcing Your Payroll as CIC Is a Game-Changer
In today’s fast-paced business environment, efficiency is key. Every minute counts, and every resource must be optimized to ensure success. One area where businesses can significantly enhance their efficiency is payroll management. By outsourcing payroll, particularly as a CIC (Community… Read More ›
Unlocking Social Impact: A Guide to Paying Yourself as a Community Interest Company Director
Do you manage a Community Interest Company (CIC) and wonder how to pay yourself while making a positive impact on society? As a CIC director, you play a crucial role in driving social change, and it’s only fair that you… Read More ›
What to consider when outsourcing CIC payroll?
Payroll outsourcing, whether for a CIC or a company, can be an effective way to save time and money and reduce errors. Doing payroll weekly or biweekly can be time-consuming and complicated. Here is everything you need to know, in… Read More ›
Are CIC directors employees of a company?
Briefly put, CIC directors are frequently employees but also might not be since their job status is entirely dependent on individual circumstances. Along with company secretaries, directors are referred to as ‘office holders’ by default. Whether or not someone has… Read More ›
Employing young people in your community interest company
Employing young people in your community interest company is a great way to find energetic, enthusiastic help, but there are rules that specifically apply to people under 18. It’s important to ensure that you follow all the applicable laws. The… Read More ›
Sustainability and HR: The CIC Guide
Human resources (HR) has a major role in helping to develop a sustainable company. The first step in promoting sustainability in your community interest company (CIC), charity, non-profit organisation, and other social enterprise is to set goals and standards. Once… Read More ›
How do I employ someone in a CIC?
Although a CIC (community interest company) is a hybrid of a for-profit corporation and a charity, many of the rules for employing people are the same as a regular company. In this blog, we’ll review some rules and laws governing… Read More ›
Employment Contracts and CICs: A Guide
Employment contracts are an important part of nearly everyone’s employment. It defines the work to be done, the compensation that will be paid, and how any issues or concerns will be handled. Often combined with company-wide policies found in employee… Read More ›