Who'd give up their rights for a bit of paper?

[url=http://darrennewman.wordpress.com/2012/10/08/trading-rights-for-shares-the-latest-big-idea/Well, the press release makes it clear that companies will be able to [iforce[/i new employees to accept Gidiot's great plan.[/url

The BIS/Treasury presser says: "Owner-employee status will be optional for existing employees, but both established companies and new start-ups can choose to offer only this new type of contract for new hires."

And one of the right's you'll be able to give up (or be forced to) will be to request training. A trained workforce is such a drag on business, isn't it? Imagine workers wanting to be better trained! What do they want? To improve themselves?

Presumably the loan shark Beecroft is wetting his knickers at present.

Its a proven fact that trained employees are of absolutely no benefit to an employer. No sirree

I wonder how all of this waiving of employye's rights will sit with EU employment legislation? I always assumed that one of the basic tenets of the EU "market" was that no member country could try to obtain advantage by reducing basic employee rights. I could be wrong though

It is getting companies to implement what he wanted at £2000 a time (assuming the shares are actually worth that amount....).

Vince Cable and the Lib Dems were against it:

Writing in The Sun, Mr Cable said: "Some people think that if labour rights were stripped down to the most basic minimum, employers would start hiring and the economy would soar again.

"This is complete nonsense."

He added: "British workers are an asset, not just a cost for company bosses. That is why I am opposed to the ideological zealots who want to encourage British firms to fire at will."

But Mr Cable made his stance clear, adding: "Those who want to shake up the law need to realise that the days in the 70s and 80s when the unions ruled the roost have long since gone.

"I talk to businesses every day and none of them tell me that their biggest obstacle to employment and growth is troublesome workers who they can't get rid of."

From here: [urlhttp://www.telegraph.co.uk/news/politics/9280473/Controversial-Beecroft-Report-on-employment-law-published-ahead-of-schedule-after-leak.html[/url

So have I missed Vince saying this bit of nutty legislation is not going to get past them either?

Quote ="Mintball"Presumably the loan shark Beecroft is wetting his knickers at present.'" Nah, he's busy at the moment... www.bbc.co.uk/sport/0/football/19887267

Quote ="Mintball"Presumably the loan shark Beecroft is wetting his knickers at present.'" Nah, he's busy at the moment... www.bbc.co.uk/sport/0/football/19887267