COUNTRY Percentage of working population in 2014 Iceland 80.9(%) Switzerland 79.0(%) Norway 75.2(%) Sweden 74.6(%) New Zealand 74.5(%) Netherlands 73.7(%) Germany 73.4(%) Austria 72.5(%) Japan 72.4(%) Canada 72.3(%) Fig1. Employment rates, calculated as the ratio of the employed to the working age population. Scandinavia rules- Iceland has highest percentage of employed individuals in the world […]
How can changes in holiday pay can affect business?! According to estimate reports there are around 5 million people that get paid overtime or on commission bases, which means they should be entitled for more holiday pay. At the moment holiday pay for an employee is calculated on their fixed income without overtime and commission. […]
Unemployment levels have been on the rise over these last years, impacting all industries. Print publishing has not escaped this struggle and is forced to make the same sacrifices. Newspapers such as The Telegraph are investing more in digital publishing and cutting their print publishing to counteract their current losses and stay up to date. […]
Increases in statutory payment rates For the next three years statutory payments have been fixed at an annual increase of 1% meaning that from this month onwards statutory sick pay will rise to £86.70 per week. The beginning of the month saw maternity, paternity and adoption pay rise to £136.78 per week. Collective redundancy consultation […]
Governmental employment law consultations throughout 2012 have resulted in indications of legislative change for this year and beyond. However, as yet there is a lack of detail in some areas and a timescale which is yet to be clarified. The Enterprise and Regulatory Reform Bill is expected to receive Royal Assent this year. The bill […]