This Week's News 23.03.18
What the Spring Statement means for your salon
Philip Hammond, Chancellor of the Exchequer, presented his Spring Statement to parliament which provided information regarding the health of the economy. In the statement the chancellor spoke about progress on Budget issues and invited views on changes the government is considering, one of those being VAT. Slightly better growth forecasts with falling inflation and borrowing marks a turning point for the UK economy according to the Chancellor's recent Spring Statement. This is the first of the new Spring Statements with the main Budget being presented last November. Basically, they have flipped round so the Budget is now in the Autumn followed by the Spring Statement.
An upbeat message from the Government does not mean we are out of the woods. Growth is still set to be low at only 1.5% this year and remains at 1.3% for 2019 and 2020. Remember these figures were already revised down in the Autumn from a maximum of 2% and with inflation also forecast at 2%, you can't rely on the economy to grow your salon over the coming years.
What to do
You should look at new ways of growing your salon in order to get growth, whether that's a price increase, improving the performance of your team, investing in better hairdressing and business training, filling more of those gaps in your appointment book or introducing new services.
Wages and employment
Unemployment remains low and wages are set to start rising faster than prices over the next five years. New National Minimum Wages come in to effect from April 2018 to the following rates:
Apprentice - £3.70
Under 18 - £4.20
18 to 20 - £5.90
21 to 24 - £7.38
25 and overs - £7.83
What to do
Review your prices, targets and wages so you can ensure you can continue to make a profit with the new minimum wage rates and create an environment where stylists can generate their own pay rise from generating more income. If you don't get this right, you may as well be working for someone else.
GDPR, will it affect you? Yes it will!
The General Data Protection Regulation (GDPR) will come in force on 25th May. This will affect you. Please make sure you are prepared. See this short video from Habia (click on the image)
L'Oréal Colour Trophy
When: UK Grand Final - 4 June 2018.
Who can enter: Entrants don't need to be a L'Oréal Professionnel salon to enter but do need to use L'Oréal Professionnel colour.
How to enter: Separated into various categories, L'Oréal Colour Trophy opens for entries on 8 January and closes 26 February. For more details and to enter online visit lorealcolourtrophy.com.
The prize: An exclusive three-day European trip where the winning hair stylist will have their winning look photographed. The prize also includes a one-day photo shoot for a double-page spread in a consumer glossy magazine.
Find out more: Visit lorealcolourtrophy.com.
Wella Professional TrendVision Award
When: The TrendVision Award Grand Final is 8 October 2018.
Who can enter: Any Wella Professionals salon can enter.
How to enter: Start creating your entry and contact your sales representative for more details. In February, there will be limited spaces for entrants to shoot their entries at one of the Wella's Studios. Remember to load your images online before the 26 March deadline.
Details for Wella Professional International TrendVision Awards coming soon.
The prize: Finalists will receive a once in a lifetime opportunity to be mentored by Wella's ambassadors, including Darren Ambrose, Cos Sakkas and Robert Eaton. Winners will be invited to the International TrendVision awards.
Find out more: Contact your sales representative for entry details or email moc/cniytoc//stneveallew.
HJ's British Hairdressing Business Awards
When: September 2018 (exact date TBC).
Who can enter: Any UK salon or qualified hairdresser. If you're a great manager, innovative technology company, great marketer or stand out junior, HJ's British Hairdressing Business Awards could be your next step.
How to enter: Entries can be made via the entry form but specific requirements for each category may vary. Entries open in February.
The prize: A trophy, PR support and coverage in the industry's leading magazine.
Find out more: Call 020 3841 7374, email ku/oc/ijh//norahs.
HJ's British Hairdressing Awards, sponsored by Schwarzkopf Professional
When: Monday 26 November 2018
Who can enter: Qualified hairdressers who have been working in the UK for a minimum of three years. With the exception of HJ's Newcomer of the Year, where entrants should be aged 25 years and under or have been running a regular client column for a maximum of a year.
How to enter: Pick one of the 15 categories to enter and submit four photographs shot within the past 12 months. Each category has specific requirements but images must translate current trends in a creative and inspirational way.
What's the prize: A trophy, PR support and the honour of being featured in the most prestigious title in the industry.
Find out more: Call 020 3841 7374, email ku/oc/ijh//norahs.
Alternative Hair Show International Visionary Award
When: The International Visionary Award is announced at the Alternative Hair Show on 14 October 2018.
Who can enter: All qualified hairdressers - there are three categories: Men's, Cut and Colour and Avant-Garde.
How to enter: Entrants can submit more than one photograph and can enter more than one category. The entry must include over 50 words on the inspiration and motivation behind each image. An entry fee of £35 per photograph is applicable and it is a direct donation to The Alternative Hair Charitable Foundation. Applications open on 6 June and must close on 19 August.
What's the prize: The opportunity to show your work at the Alternative Hair Show 2018.
Find out more: Visit alternativehair.org/visionary-award.
Salon International 2018
13 - 15 October, ExCeL London Register your interest here
Indecent images of children
The Home Office (HO) has launched a campaign to educate young men aged 18-24 on the law relating to indecent images of children online. The campaign aims to prevent offending before it occurs and disrupt the escalation of harmful offending behaviour. Campaign resources include four short films illustrating the damage viewing indecent images of children can cause, posters, infographics and social media messages. See Indecent images of children: guidance for young people (includes links to short films)
Impact of social media use
The Association of School and College Leaders (ASCL) have released findings from a survey of secondary headteachers looking at the impact on pupils of social media use over the past 12 months. Findings from an online survey of 460 headteachers include: 95% felt that the mental health and wellbeing of a proportion of their pupils had suffered as a result of social media use; and 93% had received reports of pupils experiencing low self-esteem as a result of seeing idealised images and experiences on social media.
Team ITS warmly welcomes this learner who started her Apprenticeship this week
Kathleen Wigmore – Level 3 Advanced Apprenticeship - Academy, Cobham
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