The Labour Party has released its 2019 election manifesto in support of the forthcoming General Election on 12th December. We have highlighted some of Labour’s key employment related promises below.
- The minimum wage to increase to £10 per hour for all workers
- Public sector workers pay to increase by 5%
- Zero-hours contracts to be abolished
- 4 day (32 hour) full-time working week to be introduced over ten years (with no loss of pay)
- Statutory maternity pay to increase from 39 weeks to 52 weeks
- Bank holidays to increase from 8 to 12 per year
- Full employment rights to be given from day one of employment
- Unfair dismissal rights to be strengthened
- The Trade Union Act 2016 to be repealed giving more rights to Trade Unions and their workers
- Large companies to be required to hand over 10% of their shares to their employees (over ten years) and hand out up to £500 a year in dividend payments
- One-third of board seats to be reserved for elected worker-directors
- Income tax to increase for those earning more than £80,000 pa
- Corporation tax to increase to 26% by 2022
If you would like to discuss this topic in more detail or would like more information, contact Ramshaw HR today.
