Hale, United Kingdom (PressExposure) March 12, 2011 -- The Bribery Act is a cause of serious consternation for many UK businesses and employers and despite it being put on hold from its proposed April start date, it is currently under review and expected to be passed in the not so distant future.
The Act is being introduced as part of a wider scheme by the government to make the UK economy more transparent, including HMRC's battle against tax avoidance, which means all small and medium-sized enterprises will come under unprecedented scrutiny until the Act gets the green light.
Although final guidance on the law is yet to be published, lawyers say SMEs should already be taking steps towards compliance, as prosecutors will argue that they have had "ample time" to prepare.
All UK-based agencies are responsible for ensuring that any umbrella company associated to their company complies with the act. The Act will state that bribing, receiving a bribe and, most problematically, failing to prevent bribery, are all offences - wherever they take place - for a UK firm with outside connections.
All employees, directors and even joint venture partners are likely to be considered "associated" with a company if they carry out activities on behalf of that company.
For many umbrella companies in the UK who provide professional employment services for independent workers, the Act could impact on their approach towards contractors and recruitment agencies " but not Pulse Umbrella
Most work alongside recruitment agencies to encourage recruiters to then refer to them. This method can often lead to incentives or bonuses being offered to recruiters which will come under increased scrutiny with the Bribery Act inception.
At Pulse Umbrella, they prefer to rely on the principles they've always had; an offer of exceptional service with a personal touch where contractors are assigned to their own Pulse Team for all their requirements. Pulse are wholly service-driven and take care of all contractors issues, therefore, contractors remain happy with Pulse for a long period of time and are free to get on with what they do best.
This exceedingly high level of standards was emphasised by the company recently being awarded MSC Low Risk Audit Status for the second successive year; an award presented to those who ensure clients are extremely satisfied and continually earning a wage in compliance with HMRC and other governing bodies.
If you're interested in finding out more about Pulse and their benefits visit www.pulseumbrella.com/benefits.aspx