Business

The Taylor review: At-a-glance guide

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The government has published a review into working practices in the modern economy. The review, led by Matthew Taylor, chief executive of the Royal Society of the Arts, has made seven key recommendations. They are:

Good work for all

  • The review suggests a national strategy to provide good work for all "for which government needs to be held accountable"
  • It takes the following into consideration when it talks about "good work": wages, employment quality, education and training, working conditions, work life balance and consultative participation and collective representation
  • Everyone should enjoy a "baseline" of protection and be given routes to enable progression at work.
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Dependent contractors

  • It suggests people who work for platform-based companies, such as Deliveroo and Uber, be classed as dependent contractors
  • Individuals who prefer flexible working should be allowed to continue but they should be granted fairness at work
  • There should be a clear distinction made between dependent contractors and those who are legitimately self-employed.

National Living Wage

  • The National Living Wage is "a powerful tool" to raise the financial base line of low paid workers
  • Strategies must be put in place, particularly for low paid sectors, to make sure workers do not get stuck on this rate of pay
  • Individuals must feel that they can make progress.

Cost of employment

  • The government should avoid further increasing the "employment wedge", which is the non-wage costs of employing a person. The review highlights the apprenticeship levy as an expense companies have raised as an issue
  • The government must provide additional protections for dependent contractors.

Good corporate governance

  • The government does not need national regulation to provide good work
  • It says companies must practise responsible corporate governance, good management and strong employment relations within the organisation.
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Developing skills

  • Everyone should feel they have realistically attainable ways to strengthen their future prospects at work
  • Individuals should also be able to develop their skills through "formal and informal learning" as well as "on the job and off the job activities."

A healthy workplace

  • The UK needs to develop a more proactive approach to workplace health which will benefit companies, workers and the wider public interest.

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