Give up your employment rights.

lol if you give up your right to claim unfair dismissal for a couple worthless shares, in the future they could turn round and say youre fired for being black etc and you would have no come back
 
lol if you give up your right to claim unfair dismissal for a couple worthless shares, in the future they could turn round and say youre fired for being black etc and you would have no come back

No they couldn't because that breaks anti-discrimination laws which apply to the employer not the employee.
 
But to even offer this as an idea is silly, they make a big song and dance about human rights, but then say we'll give people the option to sellout their working rights.

Just doesn't seem right to me that this sort of thing is even thought of as a good idea, just leaves it open to abuse and people being able to be fired on the spot and having no recourse on the employer.



I thought exactly the same thing, does it mean you don't expect to get any training? If that's so how are you supposed to progress and grow within the company if you are not going to get any training.

We need something between what we have today and this suggestion. At the moment it's so difficult/expensive to sack poorly performing people that many (public sector especially) are full of them. We need an environment where staff are safe in the knowledge that if they work and add value to their business they will be in good employment. At the same time, we need to give businesses the power required to get rid of poor/under performing staff easily.
 
I wonder how many of these ministers have travelled widely around the country, gone to the most remotest parts and run down areas in order to understand the issues facing this country?

Surely coming up with all this nonsense of giving up employment rights in nice comfortable central london location is one thing, while experiencing the ground realities for the day and observing general popultaion and their problems is another thing.

These guys don't even represent the majority of working class population in this country.
 
I wonder how many of these ministers have travelled widely around the country, gone to the most remotest parts and run down areas in order to understand the issues facing this country?

Surely coming up with all this nonsense of giving up employment rights in nice comfortable central london location is one thing, while experiencing the ground realities for the day and observing general popultaion and their problems is another thing.

These guys don't even represent the majority of working class population in this country.

You are a left wing politician's wet dream.
 
Is their a difference between uk unfair dismissal and eu unfair dismissal?
As many articles specifically state uk unfair dismal right.

Why even say this in a confrence unless you release details on how it works.

Also as its voluntary, surly it's going to be mainly for entrepreneurs, if I set up a company I can pay my self in shares and remove my rots (why would I need rights against myself) and that 50,000 tax free could be worth millions in a decade or two.
 
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No they couldn't because that breaks anti-discrimination laws which apply to the employer not the employee.

Sure, but they wouldn't have to give any reason at all for firing him if he has no recourse to unfair dismissal.

The whole thing is a horrible idea and it's only really voluntary if you're already in a job, the proposal allows companies to only offer these types of contracts to new employees. Why the obsession with building a working environment like the US? It's not healthy and in comparison to most European countries with far stronger employee rights it's not more productive either.
 
I wish the libdems would hurry up and stagg clegg in the back and end this shower of **** government

or Boris stabs camoron in the back in true tory style again ending UKs most hated government
 
You are a left wing politician's wet dream.

I am just giving my point of view as a citizen of this country who has experienced various issues while residing in this country, interacted with ordinary people daily and in the process learnt about some of their aspirations, their difficulties and their hopes.

This is also my view point that any 'economic expert' making economic policies especially related to national issues should spend some days among local businesses in various geographic locations of this country to try to better understand the consumer behaviousr, local market dynamics and future aspirations of businesses. This should atleast give him greater insight as to how the economic policies would affect the local infrastructure, economy and people in general.
 
Erm, it is voluntary?

It's an idea....not one that I would take the option up on, but at the end of the day if it is voluntary then so what?
 
A tiny bit more detail

Under the scheme, employers would be able to offer "employee-owner" status to new recruits or existing members of staff. The employee-owners would receive between £2,000 and £50,000 worth of shares, which would be exempt from Capital Gains Tax when they are eventually sold.
In return, staff will give up rights including the ability to claim unfair dismissal after two years in a job; the right to statutory redundancy payments; and the statutory right to request flexible working or time to train. Employee-owners will have to provide 16 weeks notice to bosses of their intent to return from parental leave after the birth of a child - double the eight weeks required from other staff.
Unfair dismissal claims will remain possible in a few exceptional circumstances, such as when dismissal is linked to the national minimum wage or to an employee's refusal to work on a Sunday. Businesses will remain free to offer contractual redundancy pay, flexible working and time off to train to employee-owners if they choose to.
It is expected that the scheme will prove attractive to start-up companies, particularly in new hi-tech industries, which may be unable to pay large salaries but can tempt ambitious staff with a share in equity which could potentially gain considerable value.
Exemption from capital gains tax (CGT) on any profits made when the shares are sold would make them more attractive, and the Treasury expects hundreds of thousands of employees to sign up over the next few years, at a cost of around £100 million a year in lost CGT receipts by 2017/18. Employers would have flexibility to offer the share package on top of salaries or in lieu of pay, up to a maximum total value of £50,000 at the time of issue.
The Government will consult on restrictions to ensure that if an employee-owner quits or is sacked, the company will not be able to take the shares back, but will have to buy them at a "reasonable" price.

I think that will be its main use., is for new companies that can't afford high wages.
The idea is going to be fleshed out later this month, so as long as theirs suitable safeguards, I don't see much of an issue. But it really does depend on the details, which we will have to wait for.
 
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