Employee/Shareholder Contracts

It was announced last night that the House of Lords have rejected the introduction of Employee/Shareholder contracts. These were the contracts whereby employees could swap employment rights for shares.

You may remember that we have been critical of the value of this new measure. The measure may be sent back to the House of Commons for rethinking, but because the Liberal Democrats are against the idea, it is strongly suspected (by shady characters lurking in the corridors of power) that the proposals will have to be dropped, at least for now.

Back to legal updates

Legal Updates

4 days ago

Off side doesn’t always mean no goal

Off side doesn’t always mean no goal Last week the CIPD’s People Management Daily e-mail reported on the case of Chelsea Football Club’s groundsman who was found to have been unfairly dismissed after sending out anonymous e-mails claiming the Club’s...

1 month ago

New Rates of National Minimum Wage

A brief reminder of forthcoming increases to the National Minimum Wage and other employment rates From 1 April 2024, the National Minimum Wage increases as follows: Rates 2023 2024 National Living Wage (age 21+) £10.42 £11.44 Adult rate £10.18...

2 months ago

Masterclass – Extension of Protection for Pregnant Employees

Extension of protection for pregnant employees As of the 6th April, protection against redundancy for pregnant employees is extended considerably. There is already a duty to give employees on maternity leave preference to redeployment opportunities over other employees. However, as...

2 months ago

New Menopause Guidance

New menopause guidance The Equality and Human Rights Commission have issued guidance today on dealing with menopause in the workplace. It includes an explanation of the obligations on businesses not to discriminate, whether as a result of someone’s sex, age,...

5 months ago

Redundancy Consultation & Fair Dismissals

The Appeal Tribunal has ruled on a case where an employee was made redundant using a pool and scoring matrix, but didn’t see the pool, or matrix until after it was done. It should not be a surprise that the...

5 months ago

Retracting a Resignation

IMPULSIVE RESIGNATIONS The Appeal tribunal has examined what are known as “Heat of the Moment” resignations. Could an employee resign in the heat of an argument, and then retract that resignation? The original Tribunal had decided that where an employee...

View All

Fixed month retainer -Why not have an in-house lawyer for your business for as little as £100 per month?

Get in touch

Employee/Shareholder Contracts