CSP publishes report outlining job creation proposals
Employment Law & HR update 17/11/2011
A new report published by the Centre for Policy Studies has
outlined the regulatory reforms necessary for job creation within
the private sector.
The report, entitled 'Escaping the Strait Jacket - Ten
regulatory reforms to create jobs,' and compiled by Dominic Raab
MP, calls upon the Coalition to make job creation their top
economic and social priority following deficit reduction.
Mr Raab explained that, by the end of this year, UK businesses
will have spent £112 billion in order to comply with the admin
related to employment legislation, and that such costs are 'often
crushing the spirit of enterprise.'
The MP also suggested that there was a 'trade-off' between
denying job opportunities to the numerous jobs seekers and
increasing the right and entitlements of existing workers.
The report went on to outline three reforms that could be made
to existing EU agreements in order to boost jobs creation. These
included abolishing the Agency Workers Regulations 2010 and the
Working Time Regulations 1998 and reforming TUPE to help promote
successful business models.
Seven other suggestions relating to the reform of domestic
regulations were also made, which included creating a 'no fault
dismissal' for unproductive workers following two years of
employment, which would be in operation alongside instances of
unfair dismissal.
Other proposals included excluding small firms from numerous
regulations such as pension auto-enrolment and minimum wage rules
for workers aged under 21, and encouraging a greater use of
alternative dispute resolution in a bid to lower the number of
claims faced by businesses, which can prove a barrier to
growth.
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