What the Queen’s speech means for employers

Posted on 22 June 2017 by Will Winch. Source: Business Shapers

What the Queen’s speech means for employers

After a slight delay, the Queen's speech yesterday set out what we can expect in the way of new legislation over the next two years.  Although it was brief and high level - avoiding too much detail - we have considered the potential implications for employment law.

The speech referred to the government ensuring that people are properly equipped with the skills required for the 'high-skilled, high-wage jobs of the future'. This is in line with the government's commitment to apprenticeships (funded through the apprenticeship levy) and the new 'T' Levels announced in the last budget. The Conservative manifesto pledge relating to training leave would also appear to fit into this commitment.

As we reported here, the manifesto contained a pledge to increase the National Living Wage to 60 per cent of median earnings by 2020. Her Majesty said yesterday that "The National Living Wage will be increased so that people who are on the lowest pay benefit from the same improvements in earnings as higher paid workers". Whether this will lead to the increases in the manifesto remains to be seen. In the meantime, though, the pledges relating to introducing greater scrutiny of executive pay packages and an obligation to publish the ratio of executive pay to workforce pay did not form part of the speech.

Read the full article here.