Buyers are always looking for ways to cut costs. Here's a radical one: don't employ people. This would save UK businesses £25.6 billion, which is what the British Chambers of Commerce (BCC) believes new employment regulation and tax will cost employers over the next four years.
The BCC has published a report
that concludes that the "relentless flow of employment law is stifling UK competitiveness". The group thinks that since the 1960s employment rules have tilted increasingly in the employee's favour - to the point where a company is now responsible for the health and safety of all workers even if they work at home.
And when you consider that from 2012 employers are going to have to contribute to pension schemes, known as Personal Accounts, for all their employees (unless the employees opt out), you can see why businesses are worried about the soaring cost of HR.
But you could argue that employment legislation doesn't go far enough: Jake's blog yesterday
shows that plenty workers at the bottom of the employment chain aren't getting the protection they need.
What's your experience? Does employment red tape ever trip you up?