"And, of course, employers have to make sure that the dynamics of teams are fair, and that there isn't favouritism or perceived favouritism (as a result of a romantic relationship). Matt Gingell, an employment lawyer at the law firm Lombards, said: "I think that employers have to protect the workforce. Others are banning senior staff from engaging in these types of relationships altogether. Some employers now require employees to sign "love contracts," whereby they must disclose and confirm that they consent to a relationship with another member of staff. It's a balancing act because businesses must respect their employees' right to a private life, while also recognising that the dynamics of romantic relationships in a workplace can be complicated - especially when it involves workers with different levels of seniority. It means employees, even below the executive level, are increasingly having to make personal disclosures to HR.Īlthough there are no laws that ban romantic relationships within the workplace - and for valid reasons - businesses are drawing up policies of their own.
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Aware of the reputational damage these kinds of relationships can do, they are grappling with how to best manage them. It's becoming an increasingly thorny issue for businesses. He joins the growing pile of chief executives felled because of their failure to disclose romantic relationships in the workplace. It was an ignominious end to a stellar career for BP's Bernard Looney. Customers will also be able to make cash ISA transfers into this account upon opening or they can invest with as little as £1.īy Gurpreet Narwan, business correspondent Paying 4.7%, the deal offers savers flexibility with their ISA cash.
Savers wishing to utilise their ISA allowance may find this an appealing option, with £1,000 minimum to open, a 5.6% rate and additions can be made within the first month. Secure Trust Bank: Three year fixed rate cash ISA Additions can be made while the issue remains open and investors can make transfers in and access their funds early subject to an interest penalty. The account opens with £1 minimum and pays 5.65% yearly. West Brom Building Society: WeBSave two year ISA
Shawbrook Bank: One year fixed rate cash ISA bond, issue 81Ĭonsumers can make cash, stocks and shares ISA transfers into the 5.83% account, and if they wish, access their deposit subject to a loss of interest penalty. If you have the capital to deposit £25,000 up front, this easy access account pays 4.94% AER. It also allows for further additions within the first three weeks of opening. The second 12-month saver raising rates is Ford Money's, offering 6.05% - and it has a relatively small investment minimum of £500. Rates have increased to 6.11%, but early access and further additions are not permitted, so the initial deposit needs to be the right one. Union Bank of India: One year fixed rate deposit This week there are seven accounts offering a variety of returns and minimum deposits. Finance expert Rachel Springall has provided her weekly insights on the savings deals awarded a Moneyfacts' excellent rating.
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