"For the most part, the Bill's measures will benefit workers and employers. But for small and scaling businesses, it brings administrative, legal, and financial changes which will be challenging to implement. We still lack detail on what some changes could look like in practice. This uncertainty puts businesses on the back foot and is contributing to nervousness about the Bill."
"Leaders feeling uncertain can be proactive by nailing the HR basics first. Are essential tasks like booking time off, requesting flexible work and running performance reviews streamlined? Have you made a plan for reviewing policies and employment contracts? HR technology can automate HR admin, freeing owners up to focus on strategy, compliance and growth."
Members of the House of Lords will scrutinise the Employment Rights Bill at its third reading on 3 September. The Bill introduces measures intended to give workers greater protections, such as extending day-one rights. SME HR experts warn that gaps and lack of detail in the legislation could create administrative, legal and financial challenges for small and scaling businesses. That uncertainty is contributing to nervousness among leaders. Practical steps include streamlining core HR tasks, reviewing policies and contracts, and using HR technology to automate administration so owners can focus on strategy and growth.
Read at London Business News | Londonlovesbusiness.com
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