May 31, 2017
Pressure group calls on incoming UK government to create a new contract with the self employed 0
IPSE, the association set up to represent the needs of the UK’s self employed and freelance workforce, has released a manifesto ahead of the general election. In A Contract with the Self-Employed, IPSE details all the policies it wants to see the incoming government implement for the 4.8 million people currently defined as self employed or freelance. In conjunction with the ongoing Taylor Review into modern employment practices, the manifesto calls for a statutory definition of self-employment to end widespread confusion and ensure self employment remains an attractive and attainable career choice. The manifesto calls for a strategic review of the tax system – which, in its current state, is based upon the traditional employer/employee model. As self-employment continues to boom, the government needs to supplement this 21st century way of working with a fairer, more efficient, 21st century tax system. Included in the review, it has asked the government to make careful considerations before rolling out IR35 measures in the private sector, create a bespoke tax system for freelancers, simplify Making Tax Digital and maintain the current rate of NICs.
Nearly half of UK employees are effectively working an extra day per week for free, claims new research from Powwownow. On average, UK workers spend just under seven hours per week working outside of contracted hours – the equivalent of a nine-to-five working day with an hour for lunch – but nearly half of them (42 percent) receive no pay for this extra days’ worth of work. A quarter of UK workers (26 percent) receive their standard pay for any overtime, while a fifth (21 percent) are rewarded with ‘time and a half’. Only 6 per cent receive ‘double time’. Germans get a worst deal though, as employees spend an average of 7 hours and 54 minutes working extra but a huge 61 percent of workers receive no pay at all for this time. Workers in Sweden spend the least time working outside of contracted hours, with only 4 hours and 9 minutes of extra work per week.
HR professionals will, on average, oversee 15 staff with mental health conditions each year, according to new analysis from consultancy, the 
One of the biggest concerns cited by many of those being polled on their views during the General Election campaign has been the high cost of living compared to wages. Now a new report claims that over half (55 percent) of employees are experiencing financial problems, which are affecting their behaviour, relationships and ability to perform at work. Although the nationwide study of the financial wellbeing of UK workers The DNA of Financial Wellbeing 2017 report, claims that nearly a third (32 percent) cite finance as their biggest concern; 66 percent of HR directors, think that financial worries are not of concern to their employees. The findings from Neyber, a financial wellbeing company, shows that 47 percent of workers are borrowing money to meet their basic financial needs, with 25 percent borrowing on a credit card, followed by 13 percent through a bank overdraft and 13 percent borrowing from friends and family. Meanwhile, an increase in so-called zero hour contracts means that nearly half (47 percent) of workers in the North and Midlands have an income fluctuation of more than 10 percent each month.
