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Tuesday, 18 September 2012

Proposed changes to employment law 'will boost business confidence'

Vince Cable's proposed employment law changes will be critical in creating a more flexible labour market in the UK, it has been suggested.

The business secretary has recently suggested that compensation available in unfair dismissal claims should be capped at £26,000 or a year's net salary, depending on which is lower.

Tribunal fees should also be introduced, Mr Cable encouraged, while a faster strike out regime has been hinted at when it comes to sorting out weak claims.

Dr Adam Marshall, director of policy at the British Chambers of Commerce, is backing the proposed changes, as he believes that the trend of malicious tribunals and antagonistic dismissal processes has had "a chilling effect on employment".

"We would urge the government to move swiftly from consultation to implementation on settlement agreements and lower tribunal awards, as these proposals will boost confidence when businesses on the ground can see them in action," Dr Marshall added.

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Posted by John OakADNFCR-1617-ID-801451805-ADNFCR

Source: Salespeak News

1 comment:

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