Latest research from the Institute of Directors has found that 57% of business leaders will be less likely to hire new workers as a result of the Government’s planned employment rights legislation.
The UK Government has committed to introducing an Employment Rights Bill within its first 100 days of office, by 12 October 2024.
Commenting on the survey results, Alexandra Hall-Chen, Principal Policy Advisor for Employment at the Institute of Directors, said:
“Business leaders are concerned about the impacts of the proposed new reforms on the cost of employing staff.
“The Government’s self-imposed deadline for the introduction of employment rights legislation is now just over a month away. Time is running out, so it is essential that the Government starts to meaningfully engage with business on the detail of its proposed reforms to ensure that its growth mission is not derailed.”