Concerning 4th March Announcements to Companies House Staff
Companies House has a vision to become a fully electronic registry. With a number of significant documents already in place and being used actively by our customers, we expect most other key documentation to be ready for digital transactions by March 2013. This will represent around 92% of all transactions by volume and covers 98% of companies. In doing this we will be providing our customers with more efficient, more secure and more accurate services at significantly reduced cost compared to traditional paper-based transactions. We are also addressing the streamlining of our services in general and for increased efficiency.
We held meetings on the 4th March, with our staff to add further detail to how this change will be achieved and some of the exciting challenges as well as some of the difficult choices we face in the coming two years. One of the important aspects of the changes we anticipate will be an over-all reduction of the staff compliment by around 200 - 250 from a current, consolidated figure of 985. We expect the initial reduction will be around 85 staff, to be achieved by March 2012 with remainder leaving on a carefully planned basis as our services are redeveloped.
We realise that this will make it a challenging year for staff and we will be doing all we can to work with them and the Trade Union to provided effective support and guidance at this time. We will be running a range of exit schemes that will allow staff access to voluntary early severance and retirement options for those in the appropriate age ranges. As such, we do expect that these reductions can and will be achieved on an entirely voluntary basis. For those leaving and those remaining we will aim, as always, to keep staff fully appraised and updated in a timely way throughout this period of change.
By way of a concise summary of the announcement details today:
Companies House Press Team