Simplify Labour law changes for your SME
July 17, 2024
The UK is now under a Labour Government which brings over 60 HR and employment law pledges.
Their 100-day pledge means you have until the 25th October 2024 to adhere to new policies, contracts and procedures.
All these changes might be daunting for SMEs, with increased financial pressure, a monstrous amount of admin and countless new guidance to digest.
Get it all in working order before that deadline creeps around. We’re here to support you and your business through this momentous shift, offering reassurance and guidance the whole way.
What to expect
The timeline
17th July 2024: Opening of Parliament
By 25th October 2024: Introduction of new laws to Parliament
Still expected: Finalisation and implementation of new laws, changes to contracts and policies
The new laws and policies
| Statutory sick pay available for all workers | Protection against unfair dismissal from day one |
| Remove national minimum wage bandings | Ethnicity and disability pay gap reports for companies with 250+ staff |
| Parental leave available from day one | The right to bereavement leave |
| Exploration of carer’s leave | Protection against redundancy |
| Flexible working rights from day one | Right to disconnect |
| Ban on certain unpaid internships | Enhanced whistleblowing protections |
| Mandatory harassment policies | Disciplinary and Capability Procedures End to Zero Hours |
What this could mean for your SME
Increased costs stemming from compliance requirements. This could include higher wages, extended leave entitlements and enhanced benefits which might strain already tight budgets.
Increased admin from implementing and managing these changes, requiring additional time and resources your SME might lack.
Decreased competitiveness as larger companies can more easily adapt to Labour’s new HR policies, reducing unique advantages smaller businesses once had and making it harder for them to stand out and compete effectively.
What you have to do
Change is going to happen – fast.
As a business owner or leader, you MUST be prepared for the changes. It’s a lot to process and implement.
Avoid an HR catastrophe and excessive financial and operational burdens with our expert tailored support. Don’t get lost in a political litigation maze. We simplify it all for you.
Together, we can:
- Create new contracts
- Update existing contracts
- Create new policies
- Update existing policies
- Explore all your amended procedures
- Train your managers to confidently manage against the new laws
We don’t tie our clients into any messy contracts. If equipping for a Labour Government is all you need us for, then great. Choose to partner with us for as long or as little as required. Our goal is to provide you with essential support, no strings attached.
Transition to Labour’s new employment policies with ease.
