Historic merger of two leading employee wellbeing and benefits’ companies
Elite Business Magazine
by Andy Swales
23h ago
One of the biggest business news stories of the past week has been the announcement that Vivup and Perkbox have joined forces to create an ‘all-in-one platform devoted to employees across the private and public sectors.’ Vivup, which began operating in 2005, is a leading health and wellbeing company, while the slightly younger Perkbox run a global benefits and reward platform. The day-to-day operations of each will remain consistent across the newly combined businesses with Vivup boss Simon Moyle serving as the company’s group chief executive. His opposite number at Perkbox, Doug Butler, becom ..read more
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Complex challenges, future solutions: Transforming payroll management 
Elite Business Magazine
by Jan Pieter Janssen
2d ago
Perhaps for good reason—after all, people come to work in good part to earn a living. So, when they’re paid incorrectly, it’s no wonder they can feel aggrieved. With modern payroll technologies that can accurately automate wage payments and tax deductions, payroll errors should now be few and far between. Unfortunately, new research shows this is not the case.   According to the recently released 2024 Alight Company Payroll Complexity Report, more than half (53%) of companies have been penalised for a non-compliant payroll in the last 5 years. These breaches include failures to pay l ..read more
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Working age inactivity – we’re playing an economic World Cup qualifier with nine players
Elite Business Magazine
by Charlie Mullins
2d ago
There has been a lot of talk about the UK’s crippling level of economic inactivity among working age people, which currently stands at 21.8% of our total working age population, that’s 9.2 million of those aged 16 to 64. To put that into some perspective it’s like we’re playing a vital World Cup qualifier with only nine players on the pitch at kick-off. To continue with the metaphor, not only are we playing short-handed, but we’re also paying match-fees to players who have no intention or interest in lacing up their boots and getting into the game. There are of course several classes of workin ..read more
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Empowering businesswomen in the ‘Third World’
Elite Business Magazine
by Angela De Souza
2d ago
In ‘Third World’ countries, women entrepreneurs face a myriad of challenges in their battle to establish and grow their businesses. From cultural barriers, to limited access to resources and opportunities, the journey to success is often fraught with obstacles.  However, exposure to the global marketplace presents a promising avenue for addressing these challenges. And the global marketplace offers an opportunity for these businesswomen to unlock their full potential. Cultural And societal constraints In many ‘Third World’ nations, there are deeply entrenched cultural norms and societal e ..read more
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How to build a billion pound business? Here are 8 secrets from a successful entrepreneur 
Elite Business Magazine
by Latifa Yedroudj
3d ago
Richard Harpin, Founder and Chairman of Home Serve, kicked off the first keynote speech of the day at Elite Business Live 2024, speaking about his entrepreneurial journey and the secrets to how he scaled his business. “There are 8 things that I know now that I wish I’d known at the start of my entrepreneurial journey 30 years ago,” Richard said. “If I had, maybe I could have taken that £50k start-up to a £4 billion business in 15 years rather than 30.”   Speaking to the audience, Richard touched on his first secret. Sometimes people get afraid to copy brand names, business strategies and ..read more
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The marketing metrics that really matter (and the ones that don’t)
Elite Business Magazine
by Sam Martin-Ross
4d ago
With so many metrics at your fingertips, it can be challenging to know which are useful indicators of campaign success, and which are simply adding to the white noise.  Marketing should be supporting sales and your bottom line at every stage so it’s vital business owners can distinguish between the useful indicators of marketing’s contribution to revenue and vanity metrics that look good but really don’t say much about the efficacy of your campaigns. So, which metrics are merely a distraction, and what should you be tracking instead? Cost per click and ad impressions Many business owners ..read more
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Entrepreneurship in the digital age: Adapting education for future leaders
Elite Business Magazine
by Sarwar Khawaja
1w ago
As the digital age continues to redefine the entrepreneurial landscape, it is imperative that educational programs evolve to equip future leaders with the skills and mindset needed to thrive in this dynamic environment. The digital age has ushered in a new era of entrepreneurship marked by increased connectivity, rapid technological advancements, and a global marketplace. Entrepreneurs now have access to vast amounts of information, resources, and potential customers at their fingertips. This has democratised entrepreneurship, allowing individuals from diverse backgrounds to create and scale i ..read more
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Should I stay or should I go?  How to know when to make the leap
Elite Business Magazine
by Dr Susan Kahn
1w ago
There is much to be lost in pursuing new roles – loss of security, connection, status, finance – but also so much to gain. Debating whether to stay or go is a decision with particular nuance for leaders.  Focused on clients, teams, performance and the integral part they play in directing and managing those close to them can mean that their own priorities and development are not front and foremost.  There is a Japanese principle that we can call out to that is at the heart of reinvention.  Your attitude to change can shift, it is not something that is externally imposed. Yes, we ..read more
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Looking back on Elite Business Live 2024…and towards 2025!
Elite Business Magazine
by Latifa Yedroudj
1w ago
On Day 1 Richard Harpin, Founder and Chairman of Home Serve, kicked off the first keynote speech of the day on commercial growth, speaking about his career journey and how he built his billion-pound business. Richard started several businesses in his early career, which included selling high fashion earrings, before launching HomeServe, an international home repairs and improvements business. He was later joined by Pavlo Phitidis, Founder and CEO of Aurik Business, Dr Rashada Harry, Enterprise Technologist of Amazon Web Services and Simon Squibb, Founder Helpbnk, who spoke about how to optimis ..read more
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The importance of having realistic targets
Elite Business Magazine
by Joanna Swash
1w ago
Setting and managing expectations is the key to organisational success. It is a principal role of any leader. Managing expectations is a life skill that extends beyond the business world. Evaluating your management techniques, and striving to improve them, can benefit both your business and personal life.  With a new season upon us, this is the perfect time to take a step back and reconsider how to better manage expectations in all aspects of our lives. In this article, I’ll discuss the importance of managing expectations, while providing tips for improving your management techniques. Set ..read more
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