Leading a Community Interest Company (CIC) offers a unique blend of business acumen and social purpose. While your primary objective might be community welfare, it’s equally important to understand how you can sustainably remunerate yourself. In the UK, CIC directors… Read More ›
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 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 ›
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 ›
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 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 ›
How do directors get paid (UK)? Being a director of a Community Interest Company (CIC) in the UK can be an incredibly rewarding experience. But if you’re going to be paid for your services, it’s important to know how the… Read More ›