What's a job title worth? £35k apparently

A study conducted by business consultancy FP Advance found firms where more than half of staff had clear job roles and responsibilities made £35k ‘per principal' more each year than those firms that place less importance on job descriptions. "Having a team of people around you who clearly understand both what is expected of them and how they contribute to the success of the business is crucial," FP Advance managing director Steve Billingham says. The company examines the accounts and practices of IFAs to identify what it calls the "true drivers" behind its performance. It says ‘people...