Recommended websites:
Site Name: Croner (A Wolters Kluwer Business)
Domain: http://www.croner.co.uk
Overall Rating: 4/5
Summary: This is a U.K. based consulting firm that started originally as an insurance provider but branched out to other management services. Business compliance services jibe with a new type: sourcing advisory services that provide choices between in-sourcing and out-sourcing. A new regulation in the U.K. is a smoke-free environment at work & pubs.
Business Compliance Services
Site Name: PriceWaterhouseCoopers
Domain: http://www.pwc.com
Overall Rating: 4/5
Summary: This global consulting giant offers its clients its expertise on local tax laws as well as international tax laws. The growing complexity of taxation in various locales and countries make it hard and burdensome for companies to faithfully comply with all those myriad tax regulations. It can expose multinational firms operating in several territories to possible disallowed expenses, additional penalties and worse, legal tax cases. The hiring of external tax services can save precious company resources and avoid such common problems as unnecessary tax audits, tax overpayment and missed opportunities in effective tax planning. It also avoids ultimate embarrassment of restating audited financial statements due to tax errors.
Site Name: Planmarc Limited (PML)
Domain: http://www.planmarc.com/faq.html
Overall Rating: 3/5
Summary: This is a growing trend in small businesses that can hardly afford to maintain a full-service HR department. This arrangement is a bit similar to a “temp service” but with a difference. These business compliance service companies “re-hire” existing employees and then “leases” them back to the original employer. These firms are called as professional employment organizations or PEOs for short. The number of American workers in this “employee leasing” arrangements is around 3 million. Legally speaking, two kinds of arrangements exist: either as a “co-employer” of sorts or “complete and legal employer” of workers. The beauty of the arrangement is it relieves the business owner from all the “headaches” or aggravations in handling the day-to-day human resource-related concerns and employee complaints.