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To give people freedom and responsibility in their work, these values must be a part of organisational culture. The precondition is a working environment where failures and mistakes are allowed and instead of routine feedback there is also feedthrough, says Grant Thornton Baltic’s Head of People & Culture, Marge Litvinova, who shares her experiences and knowledge in more detail.

The employer has an obligation to ensure the safety of its employee, but in the conditions of a home office, a legal requirement may become absurd, it was stated on Äripäev raadio’s ,,Kasvukursil’’.

The spread of the coronavirus has brought a leap in the adoption and utilisation of e-commerce, but when moving your business online, it is necessary to first consider taxes, marketing and the choice of business model.

A CRM software provides a company with a comprehensive overview of its customer data and relationships, thus, supporting both sales and marketing. As a result, both the company's sales activities and internal efficiency improve. Grant Thornton Baltic's Digital Marketing Strategist Erik Suits has made a practical comparison of the most used CRM sustems. Find out more!

This summer, the state suspended its payments to the second pension pillar of working people. During October, however, people will be able to decide whether or not to continue paying 2% of their gross salary to the pension fund. Kaia Salu, Group Manager of Grant Thornton Baltic's Outsourcing department, opens the subject in her article.

Every entrepreneur, as well as an individual, can be involved in money laundering, even without knowing or realizing it themselves, according to Äripäev's radio program "Kasvukursil". Read about hot topics in money laundering.

Experience has shown that not all creditors analyze the creditworthiness of consumers as they should, control activities sometimes remain superficial and therefore do not serve the purpose – ensuring that the borrower is able to repay the loan under the terms agreed. Merili Kiipus, Grant Thornton Baltic's Business Risk Analyst investigates further.

In a crisis, the internal control system must remain a priority. In order not to find yourself fighting the consequences of corruption and fraud after a crisis situation, it is worth knowing what the company's so-called Three Lines of Defense are. Read more from the article by Tuulikki Uluots, Grant Thornton Baltic's adviser of business risk services.

COVID-19 led to a crisis that has accelerated the changes that were actually taking place even before the so – called era of social distancing. Those with the automation and digital sales channel in the DNA of their business model are emerging stronger from the crisis than before. Among others, the race for the rest of the market is likely to begin. Read more about the topic in an article by Grant Thornton Baltic's Legal and Financial Manager Marko Rebane.

Amendments to the Labour Market Services and Benefits Act (hereinafter LMSBA) and the Unemployment Insurance Act create the possibility of temporary employment, in other words, accepting temporary job offers during registered unemployment, plus unemployment allowance and unemployment insurance benefit increase. Grant Thornton Baltic's legal manager Kristel Tiits and legal adviser Lee Laanemäe explain the details in their article.

Remote work due to the coronavirus in companies is becoming a new positive trend, which is difficult to reverse, but both companies and employees will benefit from adapting to it, according to Äripäev’s radio program “Kasvukursil”. Grant Thornton Baltic's HR manager Marge Litvinova, IT-manager Arko Kurg and Partner of digital services Vladimir Rüntü discuss the plusses and minuses and possibilites and threats of working in different places such as the office, home offive or office abroad.

Businesses in various sectors do not have a positive outlook for their turnover forecasts due to the corona crisis. As a result, they may have an extra incentive to take the uncomfortable journey and start collecting bad debt. It may often seem that the only effective way to satisfy claims is to take legal action, but before filing a statement of claim you should consider other and less costly options. Grant Thornton Baltic's legal adviser Edward Otsa opens the subject further.

A new concept in Estonian legal system, administrative fine, was sent to coordination round to the relevant ministries by the Ministry of Justice. The new fine would enable a more effective response to violations of financial services, competition and data protection regulation in the future. Grant Thornton Baltic data protection officer Maili Torma and legal adviser Lee Laanemäe write about the potential changes awaiting us in the near future.

In Estonia the state is placing increasing emphasis on money laundering prevention. Therefore, companies with a duty to prevent money laundering must be prepared for more thorough and more frequent inspections to determine whether they comply with all the rules laid down by law. Read more from the article written by Grant Thornton Baltic's Senior Internal Auditor Kai Paalberg.

For many companies and institutions, internal audit is a legal obligation that cannot be waived even in difficult economic times. Therefore, the question inevitably arises as to how this obligation is most favorable and reasonable based on the needs of the company - hire your own internal auditor or outsource? Read the article! Grant Thornton Baltic's business risk services adviser Riin Veidenberg will help you with the decision.

The Supreme Court thus finds that a disbursement made from equity capital is not subject to income tax, if the disbursement does not exceed the contribution to the equity and the taxpayer can provide evidence of the equity contribution (regardless of whether or not the contribution has been declared). Read more from the article written by Grant Thornton Baltic's Senior Tax Manager Sander Adamson.