Research by the British Chambers of Commerce (BCC) shows significant apprehension among businesses regarding the Employment Rights Bill's swift progression through Parliament. Firms are worried that the impact of the bill has not been adequately evaluated and consider the increased tax burden a potential obstacle to growth. Only one in 50 businesses view the trade union proposals positively. BCC's Deputy Director cautions that the bill's provisions could increase employment costs and risks, particularly for SMEs, hindering economic growth. Businesses require flexibility to thrive, and current proposals may disrupt their ability to innovate and adapt.
The opportunity to make any significant changes to the Employment Rights Bill to ease the cost and disruption to business is fast disappearing over the horizon.
Many firms do not think its impact has been properly assessed and fear that, combined with the increased tax burden, it will be a barrier to growth.
A number of the proposals are deeply worrying for employers. They will increase employment costs, complexity and risk for firms, particularly SMEs who will be disproportionately affected.
To grow our economy, firms must have the flexibility and agility to deal with challenges and opportunities. Government needs to help not hinder businesses.
Collection
[
|
...
]