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
Government Launches Consultation on “Employee Owner” Status The Government has now published its consultation for the implementation of “Employee Owner Status” employees, a change to employment law that will allow employees to give up some rights in exchange for shares valued between £2,000 & £50,000. The consultation is only open for three weeks – the deadline […]
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Contracts of Employment,
General News,
Laws & Regulations by Employment Law Clinic
Post created on: October 19th, 2012
Chancellor Proposes New Legislation for Employee Shareholders (but not with Employee Rights) In his speech to the Conservative Party Conference today, Chancellor George Osborne announced a new type of employment contract: for thirty bags of silver (or shares of £2,000 – £50,000 that will be exempt from Capital Gains Tax) employees will be able […]
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Contracts of Employment,
Discrimination,
Employment Tribunals,
Flexible Working,
General News,
Laws & Regulations by Employment Law Clinic
Post created on: October 8th, 2012
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