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shares for rights

Shares for Rights

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In George Osborne’s 2012 speech at the Tory party conference he put forward a shares for rights proposal where employee’s could give up employment rights such as unfair dismissal, statutory redundancy pay and flexible working time and in return they would gain shares in the company worth between ÂŁ2,000 and ÂŁ50,000. This was included with a … Read more

Government’s Concession Allows Employee Ownership Scheme to Pass

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The coalition government’s proposal for employee ownership has finally passed through the House of Lords, after Chancellor George Osborne made a key concession to allow the bill to go through. The Growth and Infrastructure Bill, which is known in the media as “Shares for Rights”, was passed by the House of Lords and now means … Read more