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The growing business handbook : inspiration and advice ... - Sparkler

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Contents<br />

ix<br />

Part Four People <strong>and</strong> performance 103<br />

4.1 Rewarding good performance <strong>and</strong> lowering corporate<br />

risk 105<br />

Will Cookson, Mazars<br />

Introduction 105<br />

Rewarding performance 105<br />

<strong>The</strong> reward mix 106<br />

Quantum of the reward 106<br />

Managing risk 106<br />

Performance conditions 107<br />

Performance-related reward 107<br />

Conclusion 108<br />

4.2 Employment policies 111<br />

Belinda Copl<strong>and</strong>, Goodman Derrick<br />

Direct employment 111<br />

Agency/freelance staff 112<br />

Outsourcing 113<br />

Employment policies <strong>and</strong> procedures 113<br />

Which procedures are required? 114<br />

4.3 Taking on an employee 117<br />

Business Link<br />

Avoiding discrimination when recruiting 117<br />

Preventing illegal working 118<br />

Providing a written statement 118<br />

Paying your employee <strong>and</strong> deducting tax 118<br />

Training helps support growth 119<br />

Making the most of your employees’ skills 120<br />

4.4 Training for growth 123<br />

David Gibbons-Wood <strong>and</strong> Gemma Kearney, Aberdeen Business School<br />

Five steps to realizing the benefits of training 124<br />

4.5 Executive search for smaller <strong>business</strong>es 129<br />

Alex Steele, A Steele Associates

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