Busy running a business? Read only what you need to know about
this summer's employment law developments
Summary and implications
Do you ever wonder if, instead of focusing on running your
business, you spend your life catching up with bureaucracy and
endless new government and legislative initiatives? Do you have the
time (or inclination) to read and understand the 40 or so new
employment provisions due to come into force this year? If your
answer is a resounding "no", read on.
Having trawled through these new laws, we see some method in the
madness. Below we summarise very briefly what they mean to you.
The crux of the changes is to give with one hand and take with
the other. Employees get new rights but lower compensation.
Employers get the comfort of tribunal fees but a slap in the form
of extra penalties if they "misbehave". So, what do you
need to know, what can you ignore and what should you do next?