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Earlier this week George Osborne announced plans for a new kind of ‘owner-employee’ employment contract.
The proposals see employees being given between £2,000 and £50,000 worth of shares that are exempt from capital gains tax in exchange for them giving up certain statutory employment rights (including unfair dismissal, redundancy and the right to request flexible working or time off for training).
Owner-employee status will be optional for existing employees, but both established companies and new startups can choose to offer only this new type of contract for new recruits.
The Government plans to consult this month on the detail of this proposed new contract. It will be interesting to see which statutory employment rights will remain intact for ‘owner-employees’ (e.g. claims for discrimination, whistleblowing or a protective award where there has been collective redundancies or a TUPE transfer) and whether this new form of employment contract will prove to be an attractive option for employers.
Following an MP debate on 5 November 2019, the government is due to release long-awaited guidance as to how it intends to protect workers in the retail industry against violence, harassment and abuse.
View blog
In one of the first group equal pay claims in the private sector, the Employment Tribunal has determined that over 7,000 ASDA store workers (predominantly female) are able to compare themselves to distribution workers (predominantly male).
The long awaited judgment from the Court of Appeal (CA) in the case of British Gas Trading Limited v Lock & ors has now been published.
Legal Director
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