Growth and Infrastructure Bill Clause 23 [employee owners]: impact assessment
This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government
Assesses the impact of proposed legislation to give companies greater choice about the contracts they can offer to individuals.
Ref: BIS/12/1350 PDF, 276KB, 38 pages
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Assesses the impact for businesses and individuals of proposed legislation to give companies greater choice about the contracts they can offer to individuals, whilst ensuring appropriate levels of protection are maintained. The government is creating a new employment status of ‘employee owner’, where employee owners receive shares but will not have certain employment rights relating to unfair dismissal flexible working and training, and statutory redundancy pay. See also the consultation on this employee ownership