New EU job rights set to derail British economic recovery
Concerns have been raised that Britain’s economic recovery is set to be undermined by new European employment laws that will cost companies almost £2bn a year. The business secretary Dr. Vince Cable has agreed to controversial European Directive plans to give agency workers the same rights as full-time employees of British companies.
Analysis by the Department for Business Innovation and Skills has revealed that it will cost firms more than £1.8billion a year. This has led to some firms warning that they will have to cut jobs.
The new laws will give more than one million agency workers the same holiday time, pay, maternity leave and other perks and will come into force next month. In effect agency workers will be treated as full time workers after 12 weeks.
Comment
yippee…. this is good news for workers…. but it is potentially bad news for business…. how do we square these sorts of circles?
Our inclination is that this is not the time to be placing more burdens on business… not yet not now.
…by the same token, this is the time to be helping workers..mmm? indeed
New EU job rights could derail recovery
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New EU job rights set to derail British economic recovery
Concerns have been raised that Britain’s economic recovery is set to be undermined by new European employment laws that will cost companies almost £2bn a year. The business secretary Dr. Vince Cable has agreed to controversial European Directive plans to give agency workers the same rights as full-time employees of British companies.
Analysis by the Department for Business Innovation and Skills has revealed that it will cost firms more than £1.8billion a year. This has led to some firms warning that they will have to cut jobs.
The new laws will give more than one million agency workers the same holiday time, pay, maternity leave and other perks and will come into force next month. In effect agency workers will be treated as full time workers after 12 weeks.
Comment
yippee…. this is good news for workers…. but it is potentially bad news for business…. how do we square these sorts of circles?
Our inclination is that this is not the time to be placing more burdens on business… not yet not now.
…by the same token, this is the time to be helping workers..mmm? indeed