Alternative to redundancy proposed
Business leaders believe a package of labour market investments and reforms, including an alternative to redundancy, could help stem the tide of job losses as the recession pushes unemployment towards three million.
A report by the CBI and Siemens plc also highlights longer-term issues and warns that levels of employment regulation are at a "tipping point", having added £70bn to business costs since 1998.
The report stresses that the UK must work much harder to remain an attractive global jobs destination, and that there is a need to improve skills levels and assess the real impact of employment laws on future job creation.
Although firms are doing their utmost to protect jobs by introducing flexible working and pay freezes, the CBI predicts that unemployment will continue rising to peak at 3.03 million in the second quarter of 2010, so action taken in the short term could still save jobs and businesses.
Read more: http://www.cbi.org.uk/ndbs/press.nsf/0363c1f07c6ca12a8025671c00381cc7/9b9a4bacc1622174802575e400370f75?OpenDocument
www.ukba.co.uk
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment