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News - 2 May 2014

Zero Hours pay below living wage.

A study by the TUC has found that nearly three out of five people on a zero-hours contract outside London earn below the living wage of £7.65 an hour. This rises to three out of four in the capital, where the rate is set at £8.80.

Tonmoy Kumar, Manager of the Accounts Department of ABDS comments:
“The contracts have become controversial, with unions calling for them to be scrapped, with the Labour party promising to stop abuses of the system if they are elected.”

The TUC said it was concerned that many workers on these contracts are poorly paid, had no regular income and risked being exploited. The union believes increasing numbers of workers are "trapped" on zero-hours contracts, even as the economy improves.

The average hourly wage for someone on a zero-hours contract is £8.83, a third less than for workers on permanent contracts, its research found.

For those who are looking for a more personal approach on a range of business related issues, contact us at ABDS.

ABDS Chartered Certified Accountants of Southampton.
Tel: 023 8083 6900  E-mail: abds@netaccountants.net

Brilliant with numbers   
Great with people  
Clear and precise with advice
Timely and cost effective 
In touch with issues that face our clients
Mindful of our client’s long term strategic goals

Helping Your Business is Our Business

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