Latest news with #Ciphr
Sydney Morning Herald
23-05-2025
- Politics
- Sydney Morning Herald
$2 billion and counting: More headaches looming for fugitive developer Jean Nassif
Before the ICAC launched the investigation in early 2023, Nassif had been at the centre of a parliamentary inquiry linking him to alleged NSW Liberal Party branch stacking and impropriety at The Hills Shire Council. 'When branch-stacking activities are linked to collusion with developers, they are not merely a distortion of democratic processes, they could amount to serious corruption,' the parliamentary report found. Some of those who avoided giving evidence at the parliamentary inquiry have since had their premises raided by ICAC, including the Melbourne home of Charles Perrottet, a former Liberal staffer and the brother of the former premier Dominic Perrottet. The latter is not accused of any wrongdoing. Established in 2009, Toplace undertook large-scale residential and mixed-use developments. However, the buildings were riddled with defects and, in July 2023, the NSW Building Commissioner cancelled its licence. Administrators, who were appointed the same month, soon found they were dealing with what they said were myriad 'interrelated company loans, creditors, and payments from Bankstown to Beirut'. Creditors were informed this week that Nassif's personal debt surges almost $2000 daily, with the amount he 'borrowed' from Toplace in suspect loans now exceeding $11 million. The Toplace group is also facing claims of $152 million for defective building work. The only good news for creditors is that the liquidators are looking at recovering about $58 million in potential legal action against contractors, insurers and other providers. Two years before the warrant for his arrest was issued, Nassif was investigated by Strike Force Calool, established in April 2021 to examine financial irregularities and possible money laundering in his property empire. In 2019, Nassif pleaded guilty to cocaine charges after the high-roller was caught with the prohibited drug on his way into Sydney's Star casino. He was given an 18-month conditional release order and no conviction was recorded due to his good character. The Herald has previously revealed that in 2021 Nassif allegedly supplied 10 kilograms of the drug ice and encrypted Ciphr phones to drug mules who were later arrested in Perth, according to court documents. As Nassif remains in Lebanon, the case against daughter Ashlyn continues. She will next appear in court on July 16. Also facing legal action is Nassif's ex-wife, Nissy, whose former lawyers are suing over unpaid fees. In 2019, a video went viral when Nassif filmed himself presenting Nissy, his second wife, with a Valentine's Day gift of a canary yellow Lamborghini worth almost half a million dollars. Nassif famously said, 'Congratulations, Mrs Nassif. You like?' In May 2022, he was charged with assaulting her. The police statement of facts alleged she was 'scared for her life' and that Nassif had slapped her face and dragged her around their house. However, the matter was dismissed when she failed to attend, court claiming she was in Lebanon.
The Age
23-05-2025
- Politics
- The Age
$2 billion and counting: More headaches looming for fugitive developer Jean Nassif
Before the ICAC launched the investigation in early 2023, Nassif had been at the centre of a parliamentary inquiry linking him to alleged NSW Liberal Party branch stacking and impropriety at The Hills Shire Council. 'When branch-stacking activities are linked to collusion with developers, they are not merely a distortion of democratic processes, they could amount to serious corruption,' the parliamentary report found. Some of those who avoided giving evidence at the parliamentary inquiry have since had their premises raided by ICAC, including the Melbourne home of Charles Perrottet, a former Liberal staffer and the brother of the former premier Dominic Perrottet. The latter is not accused of any wrongdoing. Established in 2009, Toplace undertook large-scale residential and mixed-use developments. However, the buildings were riddled with defects and, in July 2023, the NSW Building Commissioner cancelled its licence. Administrators, who were appointed the same month, soon found they were dealing with what they said were myriad 'interrelated company loans, creditors, and payments from Bankstown to Beirut'. Creditors were informed this week that Nassif's personal debt surges almost $2000 daily, with the amount he 'borrowed' from Toplace in suspect loans now exceeding $11 million. The Toplace group is also facing claims of $152 million for defective building work. The only good news for creditors is that the liquidators are looking at recovering about $58 million in potential legal action against contractors, insurers and other providers. Two years before the warrant for his arrest was issued, Nassif was investigated by Strike Force Calool, established in April 2021 to examine financial irregularities and possible money laundering in his property empire. In 2019, Nassif pleaded guilty to cocaine charges after the high-roller was caught with the prohibited drug on his way into Sydney's Star casino. He was given an 18-month conditional release order and no conviction was recorded due to his good character. The Herald has previously revealed that in 2021 Nassif allegedly supplied 10 kilograms of the drug ice and encrypted Ciphr phones to drug mules who were later arrested in Perth, according to court documents. As Nassif remains in Lebanon, the case against daughter Ashlyn continues. She will next appear in court on July 16. Also facing legal action is Nassif's ex-wife, Nissy, whose former lawyers are suing over unpaid fees. In 2019, a video went viral when Nassif filmed himself presenting Nissy, his second wife, with a Valentine's Day gift of a canary yellow Lamborghini worth almost half a million dollars. Nassif famously said, 'Congratulations, Mrs Nassif. You like?' In May 2022, he was charged with assaulting her. The police statement of facts alleged she was 'scared for her life' and that Nassif had slapped her face and dragged her around their house. However, the matter was dismissed when she failed to attend, court claiming she was in Lebanon.
Business News Wales
20-05-2025
- Health
- Business News Wales
Employers Asked to Share Insights on Menstrual Health and Endometriosis in the Workplace
HR and benefits software provider Ciphr and Endometriosis UK have launched a new survey exploring how menstrual health and conditions such as endometriosis are being supported in UK workplaces. The six-minute survey is open to people who work in HR, and business owners. The results will be published in the summer by Ciphr, an Endometriosis Friendly Employer, and Endometriosis UK, which is the country's largest charity supporting all those impacted by endometriosis. Insights from the survey will also help shape future support available from Endometriosis UK. Claire Williams, chief people and operations officer at Ciphr, said: 'This research is an opportunity to take a deeper dive into how employers are supporting their people in managing their health at work and gain a better understanding of what more may need to be done. We're delighted to be working with Endometriosis UK on this study, and I encourage HR practitioners and business owners across the UK to share their experiences and perspectives.' Julie Burns, manager of the Endometriosis Friendly Employer scheme at Endometriosis UK, said: 'We're delighted that Ciphr's commitment to being an Endometriosis Friendly Employer has extended to collaborating with us to get more information about what HR professionals and business owners know about menstrual health, how they support those with a disease like endometriosis to thrive in the workplace, and the gaps that may exist in that knowledge and support. Please take a few minutes to share your insights. We look forward to looking closely at the responses to this survey and using it to improve the support we provide through our Endometriosis Friendly Employer scheme and our other work.' The survey will take about six minutes to complete and closes on Monday 23 June. To take part in the survey visit:
Yahoo
18-05-2025
- Business
- Yahoo
'I'm Not Scared Of Sundays,' Says HubSpot CEO, Who Beats The Sunday Scaries By Simply Working Through The Weekend
Turns out, a lot of people feel anxious on Sundays. According to a 2023 survey by HR software provider Ciphr, nearly half of senior managers in the UK report experiencing the 'Sunday scaries' multiple times a year. On the other hand, HubSpot (NYSE:HUBS) CEO Yamini Rangan says she doesn't get the Sunday scaries. In fact, she skips right over them by turning Sundays into a full workday. "I'm not scared of Sundays,' Rangan said on the recent episode of the 'Grit' podcast. 'I enjoy it because it's my time. I get to decide what I'm learning, what I'm doing, what I'm thinking, what I'm writing. It is completely my schedule.' Don't Miss: Hasbro, MGM, and Skechers trust this AI marketing firm — 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. Her version of a day off? Saturday. She completely disconnects from work after Friday night and doesn't pick it back up until Sunday morning. No emails, no messages, not even from the board. That one-day break is non-negotiable. Then comes Sunday, which for her is anything but restful. She turns it into a dedicated workday: reading, thinking, planning, and writing. It's her time to prepare for the week ahead with focus and intention, without interruptions. "It is completely my schedule," she said. By the time most people are still winding down their weekend, she's already scheduled a full set of Monday morning emails, often timed to hit inboxes at 5 a.m. This rhythm, she says, keeps her balanced. It's her way of eliminating the dread many feel about Mondays—by turning Sunday into a day of action instead of anxiety. Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Rangan's approach may sound intense, but she's not alone in working this way. A recent survey by HR software firm Ciphr shows that stress and anxiety about the workweek are widespread among senior managers. Nearly half – 47% – of the 265 UK senior managers polled said they felt the Sunday scaries multiple times over the past year. About 13% felt them multiple times a month, and 5% said they felt them every week. Only 8% of respondents said they had never experienced the Sunday scaries. The top three causes of stress among senior leaders were high inflation and rising prices (34%), the cost-of-living crisis (33%) and burnout (27%). Workload and to-do lists (24%), economic downturn (23%) and unfinished work tasks (21%) are also some of the reasons. Rangan, who leads a company with more than 9,000 employees and billions in revenue, says the key to avoiding burnout is to find a rhythm that works and stick to it. 'Peak performance requires peak rest,' she said. So she made a rule: 'I've said to people that I will not respond on Saturday.' Even when board members send emails, Rangan says she holds firm to her Saturday boundary and doesn't Rangan took over as CEO in 2021, it wasn't under normal circumstances. HubSpot co-founder and then-CEO Brian Halligan was injured in a snowmobile accident and suddenly out of commission. Rangan, who joined as chief customer officer in 2020, stepped in.'He said, 'Remember I told you if I ever got hit by a bus, you'd have to run it? I need you to run it.'' Rangan accepted the interim CEO role, thinking Halligan would eventually return. He didn't. Six months later, the board made her appointment permanent. Since then, she's guided the customer relationship management and marketing automation platform through pandemic growth, a sudden market slowdown, and the rise of AI. Each year, she says, requires reinvention. "Every year I've been CEO, I've had to reinvent what I'm doing and my mental constructs," she said. 'Every year, there's something completely different we're trying to drive.' Rangan's no stranger to pressure. She grew up in a 350-square-foot home in a small Indian town. She came to the U.S. with $300 and worked her way up through engineering and sales. Even now, she says, she often feels 'behind.' 'I've embraced that discomfort," she said. "If I'm not learning, I'm behind.' Read Next: Invest where it hurts — and help millions heal:. Inspired by Uber and Airbnb – Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets – UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? HUBSPOT (HUBS): Free Stock Analysis Report This article 'I'm Not Scared Of Sundays,' Says HubSpot CEO, Who Beats The Sunday Scaries By Simply Working Through The Weekend originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
The Sun
03-05-2025
- Business
- The Sun
How to make your money stretch to your next pay day in 10 easy to follow steps
IF If you're already asking what happened to your last pay packet, you're not alone. Millions of Brits are broke before their next pay day. 1 Many splurge when the money hits their account, with spending up a third the day after people traditionally get paid. Others are running out each month due to the high cost of living. According to payroll provider Ciphr, a quarter of workers – 12.5 million people – have been broke before their next pay day at least once in the previous year. Liz Hunter of says: 'It's all too easy to get stuck in a payday cycle when people spend more right after payday, leaving them with less throughout the month. 'However it happens, payday spending can have a significant impact on our mental wellbeing, and lead to financial difficulties and debt.' MEL HUNTER explains how to change things for good. MAKE A BUDGET Listing your costs will give you a clearer view of how much money you need. Clearly write down all your bills and expenses, as well as any debts to pay, until you're left with your disposable income. Split this amount up so you have a weekly spending allowance. Delve deeper by keeping a spending diary, says Simon Trevethick from debt charity StepChange, to spot spending patterns, then build a buffer for unexpected costs like a boiler breakdown. If you get Universal Credit, you may qualify for the Government's Help to Save scheme, which will top up your savings with a maximum bonus of up to £1,200 over four years. Switch bank accounts for free perks CHECK YOU'RE GETTING WHAT YOU'RE ENTITLED TO Do a benefits check at to make sure you are getting all the financial support you're eligible for. Almost £23 billion goes unclaimed. PLAN MEALS It's one of the easiest ways to cut spending. Plan for the week and only buy the ingredients for those meals. It could save you £25 a month on wasted food, cut around £80 on takeaways and impulse food buying and £40 a month on deals you don't need. DO SWAP PURCHASES FOR FREE PERKS Finding low or no-cost ways to get a boost will leave you with more wonga. Root out a second-hand bargains or plunder saved-up loyalty perks to give yourself a lift. Register for birthday bonuses with your favourite stores and restaurants to treat yourself in your birthday month and find out about other freebies. Morrisons is giving out free doughnuts with a hot drink until May 18. HAVE NO SPEND DAYS Tapping your card at the coffee shop or quickly buying something from Amazon all adds up. Set yourself no spend days, or even weeks, resolving only to spend on essentials. Use up the food in your cupboard, wear the clothes you already own and watch, listen or read something that's free. You could even choose to walk or cycle instead of paying for transport or parking. DON'T SPLURGE ON PAY DAY According to Brits spend £3.4 billion on impulse purchases, making many of them on or around payday. Spokesperson Anita Naik says: 'If you find yourself consistently buying things that you regret, try to pause before you purchase. ' She recommends waiting 24 hours to 'reset'. 'You're left with a clearer head to make the decision. 'Do you still want it? Most people find the urge fades - and they're left with their money intact.' DON'T RELY ON BUY NOW PAY LATER According to Money Expert, around one in six [15%] of UK adults are missing important bill payments to ensure they have the money to meet a BNPL deadline. Simon says: 'People often see it as a payment method rather than a form of credit which has terms and conditions attached. Being interest-free doesn't mean it's risk free. 'We're seeing more people using it for every day essentials when they can't get credit elsewhere to bridge a gap until the end of the month.' DON'T MAKE SPENDING EASY Take saved cards off Apple Pay, Amazon and other online retailers to resist impulse buys. At the same time, try and direct the deluge of emails about special offers away from your main email account, especially in the week leading up to payday when most of us get a slew of 'pay day deal' messages, with retailers urging you to splash your just-earned cash. DON'T LET BILLS AUTO RENEW Set aside time to get the best deal on your bills. Liz says: 'Use comparison sites to see if you could reduce your outgoings. If you do spot cheaper deals, it's always worth haggling with your current provider.' Simon also recommends checking if you are eligible for social tariffs for water or broadband, and hardship funds for other bills, as well as reduced council tax for single person households and in other circumstances. Almost £1.7billion of the broadband support available isn't claimed, with 95% of households – more than 8.4million – who may be eligible missing out on an average of £200 a year. DON'T BURY YOUR HEAD IN THE SAND 'RUNNING on empty at the end of every month can be an indicator of financial difficulty. If you can't meet your essential payments, you could benefit from free and impartial debt advice,' says StepChange's Simon. Seek help if you've done at least one of the following in the last three months: Made just the minimum repayments on debts Used your overdraft Used credit, loans or an overdraft to make it to payday Fallen behind on essential bills, or used credit to pay them Used credit to keep up with existing credit payments Received late payment or default charges Missing a regular monthly payment on at least one debt
