4 NZB JUNE 2018
MORE BUSINESSESOFFER FLEXIBLEHOURS FOR PARENTSPRACTICAL ADVICEON THE AMLREGIMEPPPPOLOOKING TO get your head around the
latest anti-money laundering legislation?
The Anti-Money Laundering Regime:
A Practical Guide by Marty Robinson and
Victoria Scott details the risk-based approach
taken by legislators and supervisors. It
explores the application of the Anti-Money
Laundering and Countering Financing of
Terrorism Act 2009 as well as the policies,
procedures and controls needed to meet the
PRQH\ODXQGHULQJDQGWHUURULVW¿QDQFLQJ
risks facing businesses.
The book also explains the key obligation
to undertake the appropriate level of
customer due diligence in various contexts
and the complex reporting obligations
contained in the Act.
It’s a must-have resource for any business
required to meet AML compliance obligations.To order a copy visit:
https://store.lexisnexis.co.nz/FLEXIBLE WORKING arrangements are becoming
more common, says MYOB.
According to its latest Business Monitor survey of SMBs
DURXQG1HZ=HDODQGSHUFHQWRIIHUVRPHIRUPRIÀH[LEOH
ZRUNRSWLRQVWRVWDII±LQFOXGLQJDOPRVWRQHLQ¿YHWKDW
PDNHVSHFL¿FZRUNDUUDQJHPHQWVIRUVWDIIZKRDUHSDUHQWV
Arrangements offered include 18 percent who offer
ÀH[LEOHKRXUVWRZRUNLQJSDUHQWVPRUHWKDQDWKLUG
SHUFHQW ZKRVD\WKH\DOORZVWDIIWRZRUNIURPKRPH
SHUFHQWZKRRIIHUWKHDELOLW\WRYDU\VWDUWDQG¿QLVKWLPHV
and eight percent who offer four-day working weeks.
MYOB New Zealand general manager Carolyn Luey
VD\VHPSOR\HHVDUHLQFUHDVLQJO\ORRNLQJIRUÀH[LEOH
work arrangements from employers as advancements in
technology, such as new online communication tools and
cloud-based software, allows them to work remotely.
“People also are more likely to be able to negotiate
ÀH[LEOHZRUNLQJDUUDQJHPHQWV±SDUWLFXODUO\LIWKH\¶UHD
parent or primary caregiver.”
According to the survey, larger businesses are more
OLNHO\WRRIIHUÀH[LELOLW\ZLWK SHUFHQWRIEXVLQHVVHVZLWK
a revenue of more than $5 million allowing their staff to
work from home. Forty-four percent of these businesses
DOVRRIIHUÀH[LEOHZRUNDUUDQJHPHQWVWRSDUHQWVZKLOHD
¿IWK SHUFHQW RIIHUIRXUGD\ZRUNLQJZHHNV
Older employers are among the least likely to offer
ÀH[LEOHZRUNRSWLRQVZLWKMXVWRQHSHUFHQWRIHPSOR\HUV
RYHUWKHDJHRISURYLGLQJÀH[LELOLW\WRZRUNLQJSDUHQWV
$QGDOPRVWKDOI SHUFHQW RIWKLVJURXSQRWRIIHULQJDQ\
ÀH[LEOHZRUNDUUDQJHPHQWV
³:KLOHVRPH60(VFDQ¶WRIIHUÀH[LEOHKRXUVGXHWRWKH
QDWXUHRIWKHLUZRUNWKHUHDUHVHYHUDOSURGXFWLYLW\EHQH¿WV
for those that can,” says Luey.
“Research shows that staff who are given the option
to work on their own terms have a greater sense of job
satisfaction and lower stress levels, which can increase
ZRUNSODFHSURGXFWLYLW\DQGHI¿FLHQF\ ́