SAP announce cloud revenues on €2.3bn – how can you build on that success?

Here at the Recruit 121 group we’re passionate about building success.
The recent appointment of five new employees, the launch of two new divisions and a move to our new offices in Capital Tower, Cardiff has allowed us to get 2016 off to a great start.
SAP is also building on extreme success with its cloud based services.
SAP has announced 2015 cloud revenues of €2.3bn, 11% of its overall revenue for the 2015 financial year of €20.8bn, and a near-doubling of the proportion of the company’s overall revenue attributable to cloud since 2014.
The SAP results statement showed that the EMEA region had an 11% increase in cloud and software revenue, including double-digit software licence performance in Germany and Russia. Cloud subscriptions and support revenue in EMEA grew by 53%.
One example of how SAP has used its cloud services is through its work with Shell and Volkswagen. The three companies worked together to pilot a solution, that helps dramatically simplify drivers’ parking and fuelling experience.
Cormac Watters, UK and Ireland SAP managing director, said: “Cloud adoption is soaring here in the UK market. Every customer wants to have the conversation.”
With this in mind, we are predicting a rise in the demand for specialists in cloud based services.
Our managing director, Che, said: “Having placed thousands of candidates for more than 500 SAP customers around the world the Recruit 121 Group continue to expand our client base and the provisions we offer for potential candidates, including our education services.”
The cloud-based learning platform allows you to access over 4,000 training titles – including e-learning courses, course handbooks and expert-led learning rooms – through one single subscription.
If you’re interested in brushing up your skills on anything SAP, including the cloud based services, visit our e-learning hub store to see what courses we have on offer.
Partnering with us not only gives you instant online access to SAP learning materials anytime and anywhere, but priority access to the latest SAP jobs, career advice and interview tips through our recruitment experts.
For more information on our Learning Hub offering and SAP jobs, contact us on +44 02920 496121 or Email us at: info@recruit121.com

New year, further success. Building on our first 15 years.

In August, we celebrated the 15 year anniversary of the launch of Recruit 121.

Now, in our 15th year we are building on our success with the appointment of five new employees, the launch of two new divisions and a move to our new offices in Capital Tower, Cardiff.

The recent growth within the Cardiff office responds to an increasing demand for SAP (systems, applications and products in data processing) recruitment services and the introduction of a dedicated recruitment service for finance roles, showing a commitment to expanding the expertise of Recruit 121 to become a trusted brand in the wider recruitment sector.

Recruit 121’s new faces:

Our new recruits are Emma Peterson, Darren Wilcox, Connor Wall, Guy Guest and Abby Hughes. Emma, 40, from Cardiff, is heading up our new accounting and finance division.

Emma said: “I’m really pleased to be taking on the exciting challenge of launching a brand new division for Recruit 121. The company has an excellent reputation and is recognised internationally as a market leader in the area of SAP recruitment.

“My aim is to establish the Recruit 121 brand in the financial recruitment sector and build a strong team, which focuses on sector knowledge and excellent client relationships.”

New office toast

Recruit 121’s new offices:

We are delighted to have moved into our new offices on the 14th floor of Cardiff’s iconic Capital Tower. The new offices will provide us with much-needed space for the growing team and new furniture and technology, including two 65-inch screens for video conferencing.

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Our managing director, Che Hookings, said: “We have seen Recruit 121 develop significantly over the past 15 years and our Cardiff team is now proud to be a globally-recognised source of expertise in SAP recruitment.

“We have placed thousands of candidates for more than 500 SAP customers around the world and we continue to expand our client base.

“While SAP might not be familiar to many, it has been estimated that US$600bn are transacted on the SAP network annually, which is 50% more than Amazon, Alibaba and eBay combined.

“Our turnover for the Cardiff office last year was £10.2m, which represented a 5% increase on the previous year.

“We see an opportunity to capitalise on the knowledge and reputation we have built-up, over the past 15 years, and take Recruit 121 to the next level.

“We are confident that we can successfully expand our business model. The introduction of new areas of specialist recruitment, the new office and the latest additions to the team will be instrumental in helping us to achieve that. We are all looking ahead to the next 15 years and to what we can achieve.”

 

Compliance by Country: The UK

Through our monthly ‘Compliance by Country’ series we aim of provide information that candidates need to consider in order to ensure that they fully comply with the rules/requirements of working in different countries.

We recently gave advice for compliance in Switzerland and The Netherlands.

For the third post of the series, Smriti Malik BCom MBA, Senior Manager at Access Tax & Accounting Limited provides answers to frequently asked questions for contractors working in the UK.

What are the residency rules/requirements in the United Kingdom where the contract will take place and how does one go about registering if required to do so? 

There are no individual registrations required upon arrival in the UK.

A UK National will have an existing NI number which will be used for paying National Insurance contributions in the UK and a UTR number for settlement of income tax.

A non UK National will need to apply for a NI number at the Job Centre and a UTR (Unique Tax Reference Number) which will be required in all tax related matters. Both the registrations involve filling in forms and sending them to the HMRC. Registration numbers are then received by post.
Do I need to move from a Limited Company to an umbrella company? 

Not necessarily. It is possible to work in the UK through your Limited Company.

If you have a UK Limited Company, it will be your employer in the UK that is liable for corporation tax and VAT. If you have a foreign Limited Company, you need to get it registered as a foreign employer in the UK without tax liability. Further your employer will also be liable for PAYE and employer’s NI contribution in the UK. If the contractor chooses to take dividends from his Limited Company in the UK, these dividends will be subject to dividend tax, taxable in the hands of the contractor.

You can choose to work through a Limited Company or under an umbrella, as both are recognised as legal structures in the UK. Umbrella will give you lesser administration burden but a Limited Company can give you higher net take home.


What are the income tax and social security rates in the UK? 

Resident individuals are liable to pay tax on their worldwide income in the UK.

Income tax is charged at a progressive rate from 20% on earnings up to GBP 31,785 to 45% on earnings over GBP 150,000.

Social security is obligatory for all employed contractors working in the UK. Employees pay Class 1 NI. The contribution is 12% for income greater than GBP 155 per week up to GBP 815 per week and 2% over GBP 815 per week.

Employers pay 13.8% NIC on weekly earnings over GBP 156.
Are you able to give an indication of the legitimate tax allowances available to expatriates? 

There are no special expatriate tax rulings in the UK. However the UK offers tax free personal allowances of GBP 10,600 to non – UK nationals who are tax residents.
Do I need a VISA to work in the UK?

All EEA (EU and EFTA) and Swiss nationals can enter and work in the UK without needing to apply for a Visa, but if you are a national of Croatia, you need to apply for permission before you start work.
Should I keep my company registered in my home country? What are the pros and cons of this?

You should keep your company registered if you plan to use it for your next assignment or in future.

The benefit of keeping your current company active can be to facilitate its use for your future assignments rather than incurring costs by closing the current company and incorporate a new one for future use.

The negative of keeping a company can be maintaining its dormant status (inactive but alive), complying with a few legal formalities like filing dormant accounts every year.

A cost analysis should be done comparing the costs involved in closing down the company and keeping a dormant company.

For more information on freelance and permanent SAP jobs from Recruit 121, call us on +44 02920 496121 or email us at: info@recruit121.com

Recruit 121 Limited and Access Tax & Accounting Limited are unrelated companies, other payroll solution providers are available and contractors should take independent advice so that their individual circumstances are properly considered.

EDITOR: Ian Zagrecki BA MA

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Cut the jargon with Recruit 121 Limited

Here at Recruit 121, we play a crucial role in helping our valued clients find the highly-skilled specialists they need.

In an industry where all things digital are on the rise, it can sometimes be difficult to cut through jargon to keep on top of your game.

A total 80 per cent of members surveyed by the UK & Ireland SAP User Group admitted they are sceptical of terms like ‘digitalisation’ and ‘digital transformation’.

Speaking at the UKISUG 2015 conference in Birmingham, group chairman Philip Adams said: “Our feedback has indicated there’s a lot of buzzwords, maybe a wee bit of hype, around the whole concept of digital business.”

With the introduction of new customer-facing applications like those from hybris, the SaaS applications from Success Factors, Ariba, Fieldglass, Concur and the Internet of Things projects, it can seem like things are becoming increasingly difficult to stay on top of in the world of SAP.

Here at Recruit 121 Limited, we are dedicated to keeping things as simple as possible for both clients and candidates and being an official SAP® Education Partner allows us to do just that.

The E-learning hub is designed specifically to deliver knowledge wherever and whenever it’s needed, giving on demand access to SAP learning solutions to fit in with your schedule and personal learning style. This learner centric approach allows you to ensure that having the skills needed to keep on top of changes in the industry is as simple as possible.

The cloud-based learning platform allows you to access over 4,000 training titles – including e-learning courses, course handbooks and expert-led learning rooms – through one single subscription. The most cost effective way to keep up to date and competitive in SAP solutions with product and technology knowledge.

Keep your skill set accurate, utilise the many opportunities that come with digital transformation and fit it around a busy schedule in a changing business landscape.

For more information on our Learning Hub offering and SAP jobs, contact us on +44 02920 496121 or Email us at: info@recruit121.com

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Compliance by Country: Switzerland

As Recruit 121 Limited places candidates across the globe, our monthly ‘Compliance by Country’ series aims to provide information that candidates need to consider in order to ensure that they fully comply with the rules/requirements of working in different countries.

We previously shared with you tips on compliance in The Netherlands. In the second blog of the series Helene Truffa, Swiss labour leasing specialist at employment experts Capital Consulting, provides answers to frequently asked questions for contractors working in Switzerland

What are the residency rules/requirements in Switzerland and how does one go about registering if required to do so? EU nationals are required to apply for a work permit prior to starting the assignment in Switzerland. The rules around the work permits are dependent upon the worker’s personal circumstances; there may be a requirement for the worker to register at the local commune/municipality at arrival, or if returning back to the home country every week, the employer can apply to a cross border permit in which case the registration is managed by the employer. Always seek local professional advice before starting an assignment and before registering in Switzerland.

Do I need to move from a limited company to an umbrella company? When working in Switzerland, the use of a non-local registered limited company is prohibited in most circumstances. Only a Swiss licensed recruitment agency or Swiss payroll provider will be in a position to provide a compliant employment framework for your contract. Income tax and mandatory social contributions (including Swiss private pension) will be deducted at sourced and managed on your behalf by the licensed entity.

What are the income tax and social security rates in Switzerland? Income taxes vary from Canton to Canton, and typically are due at your primary place of residence in Switzerland. Personal circumstances such as marital status and number of dependants also influence the tax calculations, as well as the level of monthly income. As for the social contributions, these include pension, unemployment insurance, accident insurance and other mandatory components; the level of social charges levied vary based on your age and gender.

Are you able to give an indication of the legitimate tax allowances available to expatriates? Currently, expatriate workers who maintain their centre of vital interests abroad can deduct the cost of secondary accommodation and international travel from Swiss income tax. Many companies also offer the option of deducting from the monthly gross taxable a lump sum of CHF 1,500 which is meant to cover the standard double costing of accommodation and travel when working temporarily in Switzerland.

Do I need a visa to work in Switzerland? Nationals of EU and EFTA member States do not require a visa but do require a work permit prior to start working in Switzerland. With a valid employment contract, Nationals of EU and EFTA member States will be granted a work permit; non-EU/EFTA nationalities may only be admitted if no other resource is found within Switzerland or another EU/EFTA member state and the visa sponsorship needs to be made directly by the end client.

Should I keep my company registered in my home country? What are the pros and cons of this? There are multiple factors to be taken in account, such as the length of the assignment abroad, if there is any other revenue generated in the home country, the costs of maintaining the company while working abroad etc..

Before starting a contract in a location you are unfamiliar with, it is wise to seek advice on local requirements from a local expert before accepting the role, and to seek advice on home-country matters from your accountant before making the move.

For more information on freelance and permanent SAP jobs from Recruit 121, call us on +44 02920 496121 or email us at: info@recruit121.com

Recruit 121 Limited and Capital Consulting are unrelated companies, other payroll solution providers are available and contractors should take independent advice so that their individual circumstances are properly considered.

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Don’t be scared of losing your employees – engage them!

Employee engagement is vital for success. It’s a scary fact that the UK’s employee engagement deficit is estimated to be costing us all £26bn in productivity each year.

Here at Recruit 121 Limited, we’re passionate about helping companies build an engaged workforce in order to get the best for businesses.

By 2020, Millennials will make up 50% of the global workforce. Growing up in a content rich, technology focused period, companies will need more than a paycheck to keep them engaged.

Engagement with employees can take many guises. In order to drive performance in the face of impending change, companies need to invest in employees. Those who are invested in, will invest their effort in the right behaviours to achieve future business results.

According to PricewaterhouseCooper’s research, 65% of Millennials surveyed in the workplace chose their jobs based on opportunities for personal development. By investing in employees’ education and professional development, companies can reinforce the value it sees in them.

So how can companies using SAP ensure that their employees are actively engaged whilst maximising their personal development?

SAP’s elearning hub is a cloud-based learning platform for SAP professionals and businesses. With access over 4,000 training titles, it is designed specifically to deliver knowledge wherever and whenever it’s needed.

Recruit 121 Limited is proud to be an official SAP education partner. Companies can invest in their employees with Recruit 121 Education Services, safe in the knowledge that they are partnering with a leading edge training provider.

Adopting the learner-centric approach to training, the hub gives on demand access to SAP learning solutions fitting in with a busy schedule and personal learning style.

Investing in employees through the hub is a great way of ensuring that employees are getting value from their development whilst feeling valued by their employer.

The hub is constantly refreshed with the newest learning materials, meaning that businesses can equip their workforce with the knowledge and skills they need to maximise the power of SAP solutions.

Matt Holmes, head of Recruit 121 Limited Education Services, said: “Having a certified workforce validates that your team has the knowledge and experience necessary to deliver maximum value and project success whilst ensuring that they feel valued and in turn, improving their engagement.

“New and engaging content keeps employees interested and the flexible learning allows them to keep up to date in SAP solutions with product and technology knowledge.”

Recruit 121 Limited is proud to be an official SAP education partner. Providing access to the latest world-class learning solutions direct from SAP, you can be safe in the knowledge that you are partnering with a leading edge training provider.

For more information on improving employee engagement with SAP’s elearning hub, call us on: UK: +44 2920 496 121 EU: +31 20 559 8121 AU:  +61 28 103 4397 or email: info@recruit121.com

Compliance by Country: The Netherlands

At Recruit 121 Limited we pride ourselves on connecting the world’s best-run businesses, with the very best talent. In doing so, we have provided thousands of candidates to more than 500 SAP customers around the globe.

When placing candidates in different countries, we work closely with contract management specialists to ensure that candidates fully comply, not only with the stipulations of the job they are working on, but also with the regulations of the country that they are placed in.

Here, Naveen Joshi, B.Com, GMS, EPGDIBS, Head of Research & Development at contract management and talent mobility specialists Access Financial, provides answers to frequently asked questions for contractors working in the Netherlands.


For a contract where a consultant will be working in The Netherlands, what are the residency rules/requirements and how does one go about registering in the country if required to do so?

It is mandatory for everyone to register in person with the municipality where he/she will reside, within 5 days of arrival, if he/she intends to stay in the Netherlands for 4 months or more.

Partners and children travelling with the contractor must also be registered in person.

Upon registration with the municipality, the contractor will receive a provisional certificate of registration. Thereafter, the contractor has to report to the Immigration and Naturalisation Service (IND) to apply for a residence permit. Once, IND has accepted the application, they will inform the municipality, who will then issue the BSN (burger service number or citizen service number) and send it to the registered address.

Do I need to move from a Limited Company to an umbrella company? 

It is possible, in the Netherlands, to work through your own foreign Limited Company (Personal Service Company). However, before starting your business activities you have to register your foreign PSC with the Dutch Chamber of Commerce and also have to apply for a VAR (Verklaring arbeidsrelatie). There are four types of VAR and the relationship between you and your agency/client will determine which VAR you will receive. If you are considered as a deemed employee, the agency/client hiring you will be responsible for paying income tax and social security contributions on your behalf. Also, the staffing agency or umbrella company who has hired you must also be registered with the Dutch Chamber of Commerce and should be compliant under the WAADI Act. As a deemed employee, all of your income will be considered as wages and subject to Dutch income tax and social security.

Hence, it is recommended to move to an umbrella company that is registered with the Dutch Chamber of Commerce and compliant under the WAADI Act.


What are the income tax and social security rates in The Netherlands? 

In the Netherlands, social security contributions (national insurance) are paid together with the income tax and included in the first two income tax brackets. Income tax is charged at a progressive rate from 36.5% to 52%, including national insurance contribution of 28.15% (for 2015). In addition, the employer is required to pay contributions under unemployment insurance, occupational disability insurance, sectoral contributions, child care contributions and health insurance. All social security contributions paid by the employer are calculated on the maximum contribution base of €4,331.33 per month. For an employee earning a monthly wage of €4,331.33 or more, the maximum social security contribution paid by the employer is approximately €750 per month per employee.
Are you able to give an indication of the legitimate tax allowances available to expatriates? 

High skilled migrants coming to work in the Netherlands can take advantage of the 30% ruling, if certain conditions are met. Under the 30% Ruling, the employer can grant a tax free allowance equivalent to 30% of the total salary, without any receipts of expenditure. The 30% allowance paid for extraterritorial expenses is exempt both from income tax and social security. Contractors approved for the 30% Ruling cannot claim any further extraterritorial expenses, though they are still eligible for other allowances (for example, relocation allowance, travel allowance for commuting and business travel etc.).

Those who do not qualify for the 30% ruling can get deduction for extraterritorial expenses.
Do I need a VISA to work in the Netherlands? 

If you are not an EU/EFTA national, you will require a long-stay national visa or temporary residence visa (an MVV) to work in the Netherlands. You and your sponsor in the Netherlands are required to apply for the MVV and residence permit at the same time. Nationals of Austria, Canada, Japan, New Zealand, South Korea and USA are exempt from the requirement for a MVV but the sponsor in the Netherlands is still required to apply for residence permit. Once the residence permit is approved, you are eligible to enter to the Netherlands and start work.

Should I keep my company registered in my home country? What are the pros and cons of this?

Certainly if you plan to use it again, after your assignment in the Netherlands is over.

The pros and cons are the cost of keeping the company dormant compared with the cost and administration of closing down one company and incorporating another.

For more information on freelance and permanent SAP jobs from Recruit 121, call us on +44 02920 496121 or email us at: info@recruit121.com

Recruit 121 Limited and Access Financial are unrelated companies, other payroll solution providers are available and contractors should take independent advice so that their individual circumstances are properly considered.

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