Changes To Employment Law: What You Need To Know
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After the Queenâs speech last month, the UK was made aware of Conservative aims for the coming term. Many of the proposed legislative changes are set to impact businesses; especially where employment law is concerned. What do you need to be aware of, if you own your own company or youâre an employee yourself? Here are a few take-aways to bear in mindâŚ
Unsurprisingly, the Conservative Party doesnât take kindly to strike action. As a result, we are bound to see increased restrictions on trade unions. Our government plans to reform union action and safeguard public services against strikes. All strike ballots will require a 50% turnout of those eligible to vote and, if itâs deemed that they work in an âessential public serviceâ, they will need at least 40% backing for the proposed strike.
The Conservative Party also want to lift the ban on hiring agency workers to fill-in for striking employees. They will also restrict paid time off for union representatives, when it comes to them fulfilling their union duties.
Companies employing more than 250 people will be required, in the future, to publish all the details of pay gaps in their business between men and women, to ensure a fairer working environment for all. Anyone working on the minimum wage for 30 hours a week wonât have to pay income tax, meaning that they can subsist on their small wages more comfortably. Furthermore, working parents will receive further childcare support: 30 hours a week will be paid for by the government, for children between 3 and 4 years of age, making parenthood more affordable.
Depending on whether or not you feel as though this will impact you negatively, the next bit of news may not be music to your ears: David Cameron has promised a referendum on whether or not we want to stay a part of the EU. This will have a huge impact on business and employment law. If we leave the EU, it will mean that we can make our own rules on corporate regulation, instead of having to adhere to the universal restrictions. Is this a good or a bad thing? Thatâs up to you to decide, but it will almost certainly lessen the foreign investment coming into this country, which will have a knock-on effect on business and innovation.
Scotland Is Doing Its Own Thing Again
Although employment tribunals will stay the same in England and Wales, Scotland may go rogue and scrap the fees for bringing a case against an employer. This will mean that Scotland is more likely to be able to police poor corporate conduct towards employees, but it also means that businesses will live in fear of leaving themselves open to legal action, and may have to make decisions that are bad for their bottom line.
For more information about the changing legal landscape and how new laws and legislation could affect your home life or your working life, speak to a solicitor in your area.