Yup, you heard it right! The Business leaders will support stricter employment laws and higher minimum wages to protect workers from exploitation and poverty during the second wave of Covid-19, according to the latest statement by the sources. More Details Below!
To make things work in today’s corona days made the Center for Progressive Policy (CPP) that urgent legal reforms are needed in the labor market to prevent extreme levels of financial insecurity, poverty at work, and worker exploitation during the coronavirus emergency.
Furthermore, the UK government’s leave plan later this week will significantly increase the risk of unemployment this winter, undermining the bargaining power of workers and leaving the door open to an increase in unsafe work. While, the will change things and will improve the situation as per the reports and another law is created to stop the sharp increase in worker poverty, called that the government should ban work contracts without working hours and increase the minimum wage from its current level of 8.72 pounds for those over 25. It also said that a statutory minimum wage should be introduced for self-employed workers to protect them from exploitation.
Keeping the situation in mind the high management of the UK has said that the intervention comes as unemployment is expected to double by the end of the year, reaching 1980 levels, from a 4% pre-pandemic rate to 12%. Furthermore, the government is serious about its promise to “build back better” and “level up” the UK’s imbalanced economy.
According to a survey of 600 company heads, 64% would support tightening existing labor market regulations, including increasing the minimum wage. They said 40% of employers felt more responsibility to offer employees safe work contracts in response to Covid-19, while a quarter of them would support more restrictions or a ban on the use of zero-hour contracts.
With pressure mounting on the government to fund free school meals and tackle child poverty, the Cambodian People’s Party said there was clear evidence that stricter labor market laws could also be used to protect families from falling under the bread line. Well, we hope that these laws will improve the state of affairs soon. Comment below to let us know your thoughts on it!