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ISSUE 1 May/June 2018 A www.shropshirebiz.comBUSINESS-TO-BUSINESS MAGAZINEFREE DSDGSLFD FDFDSFSFamily Fortunes FDFJ IFFDFMilestone for the Morris men Ddfg dfgdfgfg sdf sddfdfdfd fdfgfgffdf fdgbdf gugioz xhg djsygc dygcdgfdfb Plus: AGILE WORKING: GENDER PAY GAP: BROADBAND AID: Big new trend? County snapshot Cash for grabs Have you moved your telephony to the Cloud yet? The UK Hosted VOIP market has grown to over 3 million users. Key reasons why Pure Telecom customers are moving to the Cloud... 41% Cost 36% Flexible 27% Improved 26% increased 23% Increased reduction scalability performance efficiency Employee productivity For more information contact Pure Telecom on 01743 244 933 or [email protected] www.pure-telecom.co.uk @puretelecom /puretelecom Have you moved your telephony to the Cloud yet? The UK Hosted VOIP market has grown to over 3 million users. INTRODUCING THE TEAM Key reasons why Pure Telecom customers are moving to the Cloud... 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A Senior Partner Practice with St. James’s Place Wealth Management, we can provide excellent service Awhilst we benefit from the support of a FTSE 100 company. 41% Cost 36% Flexible 27% Improved 26% increased 23% Increased We provide a comprehensive wealth management service, offering specialist face-to-face advice tailored to you. reduction scalability performance efficiency Employee productivity OUR SERVICES INCLUDE: • Investment Planning • Inheritance Tax Planning • Retirement Planning • Intergenerational Planning For further details please contact: NICK JONES Principal Tel: 01743 240968 Email: [email protected] Web: www.njwealthplanning.co.uk For more information contact Pure Telecom on 01743 244 933 or [email protected] The Partner Practice represents only St. James’s Place Wealth Management plc (which is authorised and regulated by the Financial Conduct www.pure-telecom.co.uk Authority) for the purpose of advising solely on the Group’s wealth management products and services, more details of which are set out on the Group’s website www.sjp.co.uk/products. The title ‘Partner Practice’ is the marketing term used to describe St. James’s Place representatives. @puretelecom /puretelecom 4 INTRODUCTION ISSUE 1 May/June 2018 A www.shropshirebiz.comBUSINESS-TO-BUSINESS MAGAZINEFREE DSDGSLFD FDFDSFSFamily Fortunes It’s time to look FDFJ IFFDFMilestone for the Morris men Ddfg dfgdfgfg sdf Is it time for your company to follow sddfdfdfd fdfgfgffdf n today’s fast-paced world, fdgbdf gugioz xhg there’s rarely a let-up in in the footsteps of big names like djsygc dygcdgfdfb Unilever, Lloyds Banking Group, BT, ITV workplace pressure. If and John Lewis? Iyou’re not careful, you can Flexibility, in fact, seems to be a easily find yourself putting theme which runs through many of our in hours of unpaid overtime, features this time round. just to stay on top of the Shropshire Chamber of Commerce, for example, tells us why it is unveiling a workload. Plus: AGILE WORKING: GENDER PAY GAP: BROADBAND AID: new-look membership offer in response big new trend? county snapshot cash for grabs “Don’t work harder, just work to the changing needs of the economy, smarter,” managers say. It sounds a and the highly publicised gender pay perfectly sensible philosophy, but it’s gap report is challenging firms to rethink Magazine editor: sometimes much more easily said than Carl Jones their salary structures. We look at what [email protected] done. some of the county’s biggest firms In this issue, we take a look at revealed. Online editor: the new trend of ‘agile working’ – the Elsewhere, with judging now Henry Carpenter idea that we should be able to work [email protected] under way for the 18th annual county where, when and how we choose, business awards to be handed out Editorial design and layout: with maximum flexibility to boost both on June 15, the reigning company of Paul Naylor performance and productivity. the year, Reconomy, explains why it’s Advertising: [email protected] General enquiries: [email protected] ONLINE Web: www.shropshirebiz.com Twitter: @shropsbiz 6 26 Facebook: facebook.com/shropsbiz Linkedin: Contents Shropshire Business Gender pay gap (shropshirebiz.com) 6 9 Slice of the action ISSUE 10: Happy workforce MAY / JUNE 2018 10 11 Medical plan Shropshire Business is published by Wiggly 13 Embracing past and present Worm Media Ltd. Reproduction of this magazine 13 Chamber changes in whole or in part is prohibited without written 18 permission of the editor. 19 New firm in town The publishers have taken all reasonable care to ensure that the information in this magazine is 20 Celebration of youth accurate at time of going to press. 22 Rural protection Wiggly Worm Media accepts no responsibility for the consequences of error or for any loss or 23 Job creation damage suffered by users of any of the information and material contained in this publication. 24 Mo the chairman The views expressed by our columnists are not 25 Flexible working necessarily those held by the publisher, or editor. 26 Shopping maul Printed in the UK by The Magazine Printing Company: www.magprint.co.uk 25 27 Property professionals INTRODUCTION 5 at how you work on the verge of yet more prestigious he spoke to us exclusively in issue three main recognition. eight, by becoming majority shareholder shopping centres. We also drop in on another growing in a leisure company which works Is retail on its business, in south east Shropshire, across some 30 countries. He tells knees right now? which is cashing in on a quest us what it’s all going to Experts give us to protect the environment mean. both sides of the by using skilled local This year has story in a special report. craftspeople to make a seen some And there’s more . we’ve range of eco-coffins. big and got picture specials from events in With UK high-profile Oswestry, Ludlow and Telford, our usual unemployment at casualties dose of advice from TV’s money saving its lowest level for on the expert Martin Lewis, and a round-up of a generation, we high street, the movers and shakers in our regular report on a number including appointments section. of job-creating the likes of If your company is making news, or initiatives across Toys R Us and has something to say on a topical issue, the county, from pizza Maplin. Shropshire please get in touch – we’d love to give distributors in Telford to Council, however, you a headline, either in print, on our accountants in Ludlow. has given a bold vote of website, on indeed both. And TV’s ‘Secret Millionaire’ Mo confidence to Shrewsbury by spending Carl Jones, Chaudry has done what he hinted when over £50 million on buying the town’s Editor 31 43 57 30 Angel investors 53 Art of construction 31 Iconic building 54 End of the line for tax return 32 Further awards 56 Cold comfort 34 Six-figure investment 57 Impressive chart position 35 Hunger to succeed 58 Coaching greats 36 Site to behold 59 Farming seminar 37 Eco-coffins company owner 60 Appetite for training 40 First branch in county 61 Law firm acquired 64 41 Customer service recognised 62 Testing times 43 Annual business lunch 63 New facility opens 46 Energy of the room 64 Best of days 47 Talking business 65 Sound and vision 49 Full fibre diet 66 Policy pluses and minuses 50 Google grants withdrawal? 69 Appointments 51 Water wonder 73 Five minutes with 52 Voices of the future 74 Head in the clouds 73 6 SPECIAL REPORT Please mind the pay gap The gender wage gap has barely fallen over the last 15 years and greater understanding of its determinants are needed – Institute for Fiscal Studies By Carl Jones o now we know . or do we? What exactly have the UK’s latest gender pay gap revelations told us that is Seither surprising, or particularly new? Men earn more money than women at more than three quarters of companies, largely because men still hold more senior positions commanding the highest salaries. The real question is whether this situation is changing – and that’s something which the latest highly publicised pay revelations don’t really address. Under new legislation, all companies with 250 employees or more are now legally required to publish their gender pay gap. Failure to do so puts them at risk of legal action. More than 10,000 large firms have provided details of their gender pay gap, with 78% paying men more than women. The average pay differential between men and women has emerged as around 9.7%. In Shropshire, as in most parts of the UK, there are widely varying statistics from one industry to the next. McDonald’s is among those reporting no wage gap at all Shropshire Council has one of the larger gender pay gaps – The gender pay gap is calculated as the difference between the men earning 26% more than women, compared with a gap of just average salaries of men and women. 5.2% in favour of men at Telford & Wrekin Council. It is not the same as equal pay, where firms are required to The county’s NHS trust pays men 12.5% more, on average, pay people doing the same job the same salary, regardless of their than women, while one of the county’s biggest employers, IT gender. company Capgemini, has a 17% differential in favour of male staff.