Recruitment sector not represented on prompt payment Compliance board
26 March 2015
The recruitment sector is not represented on the government’s new prompt payment code Compliance board, as was revealed yesterday [25 March] with the announcement of the full board membership.
Thu, 26 Mar 2015The recruitment sector is not represented on the government’s new prompt payment code Compliance board, as was revealed yesterday [25 March] with the announcement of the full board membership.
Recruiter revealed earlier this month three of the five core members of the government’s new prompt payment code Compliance board would be from ‘trade representative’ bodies, but at the time it was unclear whether the recruitment industry would be one of the sectors represented.
Following a consultation at the end of last month, the government announced a mandatory 60-day limit in which signatories to the voluntary prompt payment code must comply or face being removed from the group by a new Compliance board to be appointed by the code’s advisory board.
Organisations and suppliers signing up to the code commit to paying their suppliers within clearly defined terms, while ensuring there is a proper process for dealing with any issues that may arise. The code is administered by the Chartered Institute of Credit Management (CICM) on behalf of the government.
The issue is a hot button topic for recruiters as being paid on time can be the difference between continuing to operate and going out of business.
The full list of board members was confirmed yesterday and includes:
Philip King, Chartered Institute of Credit Management (chair of board)
Richard Gilkes, Stort Chemicals
Phil Orford, Forum of Private Business
Mike Owen, Bury Council
Sandra Riches, Aviva
Narinder Shergill, Skanska UK
James Sproule, Institute of Directors
Commenting on the recruitment sector’s omission from the board the Association of Professional Services Companies’ (APSCo’s) head of external affairs & compliance Samantha Hurley told Recruiter the trade body has been in talks with chair of the board Philip King on a “regular basis” on the topic of prompt payment.
“Looking at the list, there are a lot of sectors that are not included,” she said. “It would be great if, in future, the recruitment sector could be represented on that committee but it is a very small one.
“We will certainly work with that committee, with the CICM and BIS [Department for Business Innovations & Skills] as far as they will allow us to ensure the recruitment sector’s viewpoints and concerns are covered.”
Recruiter revealed earlier this month three of the five core members of the government’s new prompt payment code Compliance board would be from ‘trade representative’ bodies, but at the time it was unclear whether the recruitment industry would be one of the sectors represented.
Following a consultation at the end of last month, the government announced a mandatory 60-day limit in which signatories to the voluntary prompt payment code must comply or face being removed from the group by a new Compliance board to be appointed by the code’s advisory board.
Organisations and suppliers signing up to the code commit to paying their suppliers within clearly defined terms, while ensuring there is a proper process for dealing with any issues that may arise. The code is administered by the Chartered Institute of Credit Management (CICM) on behalf of the government.
The issue is a hot button topic for recruiters as being paid on time can be the difference between continuing to operate and going out of business.
The full list of board members was confirmed yesterday and includes:
Philip King, Chartered Institute of Credit Management (chair of board)
Richard Gilkes, Stort Chemicals
Phil Orford, Forum of Private Business
Mike Owen, Bury Council
Sandra Riches, Aviva
Narinder Shergill, Skanska UK
James Sproule, Institute of Directors
Commenting on the recruitment sector’s omission from the board the Association of Professional Services Companies’ (APSCo’s) head of external affairs & compliance Samantha Hurley told Recruiter the trade body has been in talks with chair of the board Philip King on a “regular basis” on the topic of prompt payment.
“Looking at the list, there are a lot of sectors that are not included,” she said. “It would be great if, in future, the recruitment sector could be represented on that committee but it is a very small one.
“We will certainly work with that committee, with the CICM and BIS [Department for Business Innovations & Skills] as far as they will allow us to ensure the recruitment sector’s viewpoints and concerns are covered.”
The REC’s head of policy Kate Shoesmith, added the trade body has also been engaging with BIS for “some time” on the issue, as well as contributing to two consultations in the past month.
“Given the broad range of businesses that this applies to and the size of the board, it’s understandable that the recruitment industry is not directly represented,” she said.
“We will continue to work with BIS and CICM, as well as with key businesses bodies such as the CBI [Confederation for British Industry], the FSB [Federation of Small Businesses] and the IoD [Institute of Directors] so that our industry’s voice is heard.”
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