“Employee Shareholders” Law Agreed After concessions that the Lords considered would result in the new employment law introducing an “employee shareholder” status more or less meaningless for all practical purposes, clause 27 of the Growth and Infrastructure Bill has tonight been agreed by the House of Lords. The clause has been subject to significant amendments [...]
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Contracts of Employment,
Flexible Working,
General News,
Laws & Regulations by Employment Law Clinic
Post created on: April 24th, 2013
Lords Reject “Rights for Shares” by Increased Majority With an majority that’s grown by 15 – from 54 on 20 March, to 69 votes on 22 April 2013 – the government have once again lost a crucial vote in the House of Lords, their new status of “Employee Shareholder” (or “employment rights for shares”) defeated [...]
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Contracts of Employment,
Flexible Working,
General News,
Laws & Regulations by Employment Law Clinic
Post created on: April 22nd, 2013
Government Majority of 38 Reinstates “Employee Shareholders” With very little coverage in today’s media[1] (only the BBC appearing to include a mention of the vote, and then only in its Democracy Live pages), MPs yesterday voted to reinstate clause 27 of the Growth and Infrastructure Bill – “rights for shares”, or a new status of [...]
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Contracts of Employment,
Flexible Working,
General News,
Laws & Regulations by Employment Law Clinic
Post created on: April 17th, 2013
Government Announces 1-1.9% Rise in NMW Despite rumours & reports[1] earlier this month that the National Minimum Wage (NMW) could be frozen, or even cut, and the Low Pay Commission recommending a freeze for the Apprentice Rate, the government has announced increases to the NMW in all categories. The modest increases – 1.9% for [...]
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General News,
Laws & Regulations by Employment Law Clinic
Post created on: April 17th, 2013
House of Lords rejects Shares for Rights On the same day the Chancellor of the Exchequer used his budget statement to announce that his “Employee Shareholders” – a new status of employee that will give staff a stake in their employer’s business – that the first £2,000 of share value that anyone receives under the [...]
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Contracts of Employment,
Employment Tribunals,
General News,
Laws & Regulations by Employment Law Clinic
Post created on: March 20th, 2013
