archived news blog
February 2012 (16)
|
Employment rules most expensive for small firms. Pearson May News Update - Monday 6 July
Employment rules most expensive for small firms Complying with employment law is the costliest bureaucratic burden faced by small firms, a new survey has claimed. According to the latest quarterly referendum of its members carried out by the Forum of Private Business (FPB), the UKs small firms spend the equivalent of £2.4 billion a year in complying with employment regulations, more than any other type of legislation. The survey found that smaller employers spend £259 million on work connected with dismissals and redundancy. A further £391 million goes on absence control and management, £237 million on maternity issues, £333 million on handling disciplinary matters, and £1,175 million on holidays and other areas. On average, the survey revealed, small businesses invest 10 hours each month dealing with all the different aspects of employment law. Business General
See What's On Our Site
![]() |
||||||||||||||||||||||||||||||||||||||||||||||||||
Home | Contact Us | Recruitment | Services | News | Knowledge Centre | International |