Rise and Rise of Zero Hours Contracts

Updated details here:

http://www.parliament.uk/business/publications/research/briefing-papers/SN06553/zerohours-contracts

Are these contracts positive or negative in your view?

I am aware the Government proposes changes to present legislation to enable those on these contracts can take second or third jobs to ensure they earn some money.

Some already let people take extra work alongside, but not all.

Some additional points.

People on zero hours contracts, do not earn any money, unless called in to work.

As a result, a vast majority have to top up any pay with benefits already.

Also very few are earning sufficient to create any meaningful pension contributions.

Plus most, but not all, prevent people from taking a second job, to earn money.

So when they hear in the moring there is no work available that day – they are stuck.

The impact of zero hours contracts, means tax revenues are lower than expected, hence why the treasury has had to borrow extra money this year.

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