Labour Market Issues Flashcards
What is a Zero Hour Contract
Contracts which allow employees to hire staff with no guarantee of work
Why do zero contracts reduce the financial stability of workers
No guaranteed amount of money for the workers
What is the Gender Pay Gap
Men are being paid higher then females
What is Pay Discrimination
People being paid differently for the same job
What are reasons behind the ethnic pay gap in Britain
Ethnics are more likely to work in low skilled, low paid jobs
Most ethnic minorities are younger - paid less
Less likely to win promotions
What is the Apprenticeship Levy
A levy that makes employers with a pay bill of more than £3m each year set aside 0.5% of their payroll for training
Downsides to the Apprenticeship Levy
Complexity
Rigidity
Lack of bespoke training
Why has the UK Farming Sector experienced difficulties in finding staff in recent years
Weakening of the £
COVID
Brexit affecting EU Workers - majority of employees
5 UK Sectors grappling with labour shortages
Hospitality, I.T, Construction, Healthcare, Leisure and Other Services
How will Brexit likely affect the UK Care Sector
Most carers are from the EU, no freedom of movement
What other factors affect the UK Care Sector
Lack of funding and remuneration
What pressures are being placed on delaying retirement
Shorter, more flexible hours
Work part time
More flexibility
What reforms can be used to ease pressure placed on delaying retirement
Retraining, Part Time Jobs, Social Gatherings, Lack of Barriers, Information Provision
