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Labour's plan to force businesses to hand equity to their staff has divided opinion. What would the policy mean for UK businesses?

The shadow chancellor John McDonnell has revealed details of Labour's employee ownership policy which would see every company with more than 250 staff set up an "inclusive ownership fund" (IOF). Under the proposal, an IOF would own up to 10 per cent of the company's equity on its workers' behalf.

By Lisa Watson
  • Employee benefits
  • Employee welfare
  • Family friendly rights

Parental Bereavement (Leave and Pay) Act 2018 receives royal stamp of approval

The Parental Bereavement (Leave and Pay) Act 2018 was given royal assent on 13 September 2018, having started out in July 2017 as a Private Member's Bill subsequently supported by the government.

By admin
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All workers to benefit from the right to an itemized payslip

An Order for an amendment to the Employment Rights Act 1996 (ERA) has now been made. The Order will grant every worker the right to an itemised pay statement from 6 April 2019.

By Verity Buckingham
  • Employee benefits
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Taylor Review – update

The House of Commons Work and Pensions and Business, Energy and Industrial Strategy Committees (the Committees) made recommendations in November 2017 for addressing the issues raised in the Taylor Review. These included:

By Verity Buckingham
  • Employee benefits
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Simple steps to keep your workforce healthy

Please read Gina Unterhalter's article for People Management here...

By Verity Buckingham
  • Employee benefits
  • Employment status
  • Holiday pay

King v. Sash Windows judgment leaves employers vulnerable to backdated holiday claims

In King v. Sash Windows, the European Court of Justice (ECJ) has held that anyone deemed to have "worker" status is entitled to carry over paid annual holiday in circumstances where they have not had the opportunity to take it.

By UK People Reward and Mobility Team

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