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This briefing note is only intended as a general statement of the law and no action should be taken in reliance on it without specific legal advice.

Recruitment Watch
 Briefing 
Date
12 December 2014

Recruitment Watch

Welcome to the latest edition of Recruitment Watch, prepared by the Firm's Recruitment Services Group.

In this issue we look at: what financial remedies are available in cases of unlawful competition, particularly when a recruitment company struggles to establish financial losses; seven 'top tips' to consider when preparing your recruitment business for sale; and the practical implications of the recent EAT ruling on holiday pay.

If there is anything in this newsletter that you wish to discuss further, please do not hesitate to contact me or any member of the team.


Financial remedies for unlawful competition where losses are hard to prove

The principle that damages are to compensate a party who has suffered loss as a result of the unlawful action of another is well understood. However, in practice, quantifying damages can be extremely difficult.

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Top tips for selling your recruitment business

Selling your recruitment business is like selling your house: to get the best price you need to give it some attention and make it attractive to potential buyers. You should be able to demonstrate a few years of steady growth and profit, but you also want to be able to show that you've created something of wider value.

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implications of the holiday pay ruling

The Employment Appeal Tribunal (EAT) held on 4 November 2014 that holiday pay must reflect an employee's 'normal pay' - which will include overtime in certain circumstances. It is thought this will affect around 5 million employees.

The judgment was concerned with 'non guaranteed' overtime - that is, overtime which the employee is required to work but which the employer is not obliged to provide.

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apsco 'Out of africa' charity ball

Mishcon de Reya were delighted to support the APSCo Out of Africa Charity Ball 2014, in aid of ChildLine, on Friday 28 November.

The 15th annual charity ball was attended by 450 guests, including many APSCo members, and raised over £60,000 for ChildLine. This amount will pay for over 15,000 calls for help from the most vulnerable children.

Congratulations to APSCo on a very successful event!


recruitment news

The Recruitment Services Group provide regular news updates from the recruitment industry.

Keep up-do-date on the latest legal, commercial, economic and political developments in the recruitment sector by reading the Recruitment Watch blog.

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