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Showing 16 of 42 content results
Planning and communication are front and centre in crisis management
Crisis management Planning and communication are front and centre in crisis management
In every crisis, an optimistic view of the future should be combined with a bulletproof crisis plan that helps a business navigate the worst situations. A few simple tips help build a working strategy, said several experienced practitioners who were guests on the Äripäev business daily’s radio programme “Kasvukursil”.
Mati Nõmmiste
Arko Kurg
| 06 April 2022
Six important questions about whistleblowing
Business risk management Six important questions about whistleblowing
The so-called Whistleblower Protection Act has raised many practical questions. Here are some of the most common questions that have been asked by clients of Grant Thornton Balticand the answers of our specialists.
Kai Paalberg
Kristel Tiits
Kristina Mjasojedova
| 08 March 2022
Changing the perception of whistleblower as martyr means new obligations for companies
Whistleblowing Changing the perception of whistleblower as martyr means new obligations for companies
A whistleblower has to feel safe in order to have the courage to start shining the light on problem areas in an organization. An EU directive soon to come into force imposes specific requirements on companies to ensure that those who point out problems would not end up like martyrs.
Kai Paalberg
Kai Paalberg
| 23 January 2022
Whistleblowing and reporting misconduct
Whistleblowing Whistleblowing and reporting misconduct
The law transposes the EU directive into Estonian law and entails an obligation for organizations to create internal and external reporting channels for reporting internal misconduct. The infringements that whistleblowers can report are very different - breaches of procurement procedures, internal fraud, breaches of environmental requirements, and so on.
Kai Paalberg
Kai Paalberg
| 08 September 2021
Deadline for workplace risk assessments is approaching
Legal Deadline for workplace risk assessments is approaching
Under the Occupational Health and Safety Act, employers must compile a risk assessment of the working environment. It is mandatory for employers who have at least one employee (security institutions excluded).
Kristel Tiits
Kristel Tiits
| 17 August 2021
Inclusively leading through change
Leadership Inclusively leading through change
In the post-pandemic landscape, a new model of leadership will be needed to enable organisations to thrive. Engendering innovation, collaborating and communicating across the business, and adapting to change have become operational necessities, while empathy and inclusion are the keys to team performance.
03 July 2021
3 suggestions on how to return to normal working life
Human resource mnagement 3 suggestions on how to return to normal working life
It has been a year and a few months since the coronavirus turned a new page in world history and exploded all comfort zones. Since that time, Estonia has beaten back two waves of the virus, and like last spring, we are now facing a calmer period. But this brings up new questions – how to return little by little to ordinary working life and juggle the needs of companies and employees while taking into account the way work will be organized in future.
Marge Litvinova
Marge Litvinova
| 09 June 2021
What possibilities do employers have to stay afloat in a crisis?
Labor law What possibilities do employers have to stay afloat in a crisis?
The coronavirus restrictions have put many employers in a very difficult situation. When turnover is down, it’s time to analyse what would lead the company through the difficult times – applying for a new salary compensation from the government, temporary pay cuts, leave or layoffs.
Kristel Tiits
Kristel Tiits
| 08 April 2021
Home offices have been the biggest game-changer in employment relationships
Labor law Home offices have been the biggest game-changer in employment relationships
The coronavirus crisis, which started a little more than a year ago, changed quite a few things in employment relationships. One of the most important changes has been the widespread use of working from home offices. Provided that the nature of the job had some degree of compatibility with the format, employees were allowed to work remotely by companies and organisations where this had not previously been the practice.
Kristel Tiits
Kristel Tiits
| 08 April 2021
Annual reports – an unsung marketing method
Annual reports Annual reports – an unsung marketing method
An annual report can be a great calling card and the secret to doing business more successfully, even though Estonian business people aren’t all that active in submitting them. Last year was an exception: the deadline for submission of annual financial statements was postponed by several months and a larger number of the reports came in on time.
10 February 2021
Why determine the value of assets at a company and how to choose the right method?
Financial advisory Why determine the value of assets at a company and how to choose the right method?
After the year of the coronavirus, there is good reason to review the value of a company’s assets with particular care. Even more, because the value of some assets may instead have increased in these muddled times, as we heard on the Äripäev Radio programme ‘Kasvukursil’, on which Mart Nõmper, Sworn Auditor and Head of Audit and Assurance Services, and Mikk Mägi, Head of Financial Advisory at the pan-Baltic audit, outsourcing and advisory services provider Grant Thornton Baltic, discussed asset valuation.
09 February 2021
What is the difference between a good and a mediocre financial manager?
Advisory What is the difference between a good and a mediocre financial manager?
Mart Nõmper, Sworn Auditor and Head of Audit and Assurance Services, and Mikk Mägi, Head of Financial Advisory at the pan-Baltic audit, outsourcing and advisory services provider Grant Thornton Baltic, spoke about what distinguishes a good financial manager from a mediocre one on the Äripäev Radio programme ‘Kasvukursil’.
09 February 2021
IT audit – it may look like an expense, but in real life, it’s savings
IT-audit IT audit – it may look like an expense, but in real life, it’s savings
Most companies view an IT audit as an expense, but experts say in reality, it helps companies to save money – especially if it’s conducted at the right time. An IT audit is a possibility to obtain an external view of the information system in current use.
11 January 2021
Remote working leads the concept of employment injury to absurd
Remote working Remote working leads the concept of employment injury to absurd
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’’.
24 November 2020
Overcoming the crisis through strategic repositioning and business model innovation
Business model innovation Overcoming the crisis through strategic repositioning and business model innovation
The Covid-19 crisis has undoubtedly disrupted the equilibrium model of the world economy, as well as on the micro-level the equilibriums of many businesses. Whether your company will exit this crisis alive or even stronger will depend on your ability to rethink the strategic position and business model in the context of the new normal that is still yet to unfold.
24 November 2020
Pillar II: In October, the ball is in the hands of pension collectors
Law amendment Pillar II: In October, the ball is in the hands of pension collectors
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.
25 October 2020
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