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Concern over pension reform
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Legislation is being brought in October 2012 that will see freelancers and contractors with agencies, automatically enrolled onto a pension scheme if the payroll is above a certain size.
At the moment the implementation of these changes will be staggered over four years.
Anne Fairweather, head of public policy at the REC says: "This would create significant competitive distortions in the agency work market where the cost of a workers'' wages is crucial. It would also be confusing for workers who would be subject to enrolment in some agencies but not others."
The REC is calling for a common date for reform.
To find out more about how the proposals for reform could affect you, call the team at Excellium Umbrella.
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Video Transcript
The Recruitment and Employment Confederation (REC) is calling for the introduction of pension reform proposals for agency workers not to be staggered.Legislation is being brought in October 2012 that will see freelancers and contractors with agencies, automatically enrolled onto a pension scheme if the payroll is above a certain size.
At the moment the implementation of these changes will be staggered over four years.
Anne Fairweather, head of public policy at the REC says: "This would create significant competitive distortions in the agency work market where the cost of a workers'' wages is crucial. It would also be confusing for workers who would be subject to enrolment in some agencies but not others."
The REC is calling for a common date for reform.
To find out more about how the proposals for reform could affect you, call the team at Excellium Umbrella.
