The new mantra of many politicians is “social responsibility”. Great. No doubt that will make for a more caring society.
Social responsibility can only be a good thing – but will it make for a happy and successful UK? That depends, I guess, on what makes UK plc and each of us feel happy and successful.
Call me old fashioned but I think that the success of UK plc and the happiness and success of its people are inextricably linked to the self worth, work and the wealth of its people.
And so to the point of this posting: It’s entrepreneurial employers that create and sustain jobs and income for the great majority. Employment laws that give aggrieved employees the right to claim huge compensation from employers might be just redemption in the eyes of the aggrieved employee – but shouldn’t we consider the bigger picture?
Compensation (if you are not protected by Ellis Whittam!) paid by an employer to the aggrieved employee comes straight off the bottom line – it can reduce competitiveness or is taken out of the R&D budget or creates wider job insecurity. Sometimes all three!
See full Article.
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