Back to All Events

Tronc Workshop – Can a tronc save you money and be ethical?

  • Strand Palace Hotel 372 Strand London, England, WC2R 0JJ United Kingdom (map)

Date: Monday 4th June

Event: Workshop with Q&A

Topic: Can a tronc save you money and be ethical?

Venue: Strand Palace Hotel, 372 Strand, London, WC2R 0JJ

Time: 9-11am

A well-designed and managed tronc system will reward, attract and retain employees. When properly run, it will also satisfy HMRC’s exacting conditions for National Insurance exemptions, so staff take home more pay at no extra cost to the business. But if you get it wrong, the damage to staff relations and reputation can be scorching.

At the next AIR workshop, tronc expert, Peter Davies, will discuss the benefits of running an ethical tronc scheme. He will cover how to set-up and manage tax-compliant systems that are in the best interests of both your business and your staff, as well as being transparent to your customers.

Key topics will include:

  • What is an ethical tronc?
  • Tronc scheme design and setup
  • The future of tronc
  • Current government and media opinions and misconceptions
  • National Minimum Wage issues
  • The shrinking labour market

Peter Davies is the Managing Director of WMT Troncmaster Services Limited. He and his team advise on and run troncs for over 300 hospitality businesses across the UK. Specialising in ethical and compliant tronc management, 78% of the team’s new clients come from referrals and recommendations.

Time:

9.00 - 11am
9.00 - 9.15am Registration
9.15 - Workshop including Q & A
11.00 Finish