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Zero-hour Contract
A zero-hour contract is a type of employment contract between an employer and an employee whereby the employer is not obliged to provide any minimum number of working hours to the employee. The term 'zero-hour contract' is primarily used in the United Kingdom. In 2015, employers in the UK were prohibited from offering zero-hour contracts that prevented employees from also working for a different employer at the same time. In September 2017, the UK Office for National Statistics estimated that there are over 900,000 workers on zero-hours contracts, 2.9% of the employed workforce. In the UK, zero-hour contracts are controversial. Trade unions, other worker bodies and newspapers have described them as an exploitation of labour. Employers using zero-hours contracts include Sports Direct, McDonald's and Boots. United Kingdom Definition A 'zero-hour contract' is a type of contract between an employer and a worker according to which the employer is not obliged to provide any minimu ...
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Employment Contract
An employment contract or contract of employment is a kind of contract used in labour law to attribute rights and responsibilities between parties to a bargain. The contract is between an "employee" and an "employer". It has arisen out of the old master-servant law, used before the 20th century. Employment contracts relies on the concept of authority, in which the employee agrees to accept the authority of the employer and in exchange, the employer agrees to pay the employee a stated wage (Simon, 1951). Terminology A contract of employment is usually defined to mean the same as a "contract of service". A contract of service has historically been distinguished from a contract for the supply of services, the expression altered to imply the dividing line between a person who is "employed" and someone who is "self-employed". The purpose of the dividing line is to attribute rights to some kinds of people who work for others. This could be the right to a minimum wage, holiday pay, sick ...
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Inequality Of Bargaining Power
Inequality of bargaining power in law, economics and social sciences refers to a situation where one party to a bargain, contract or agreement, has more and better alternatives than the other party. This results in one party having greater power than the other to choose not to take the deal and makes it more likely that this party will gain more favourable terms and grant them more negotiating power (as they are in a better position to reject the deal). Inequality of bargaining power is generally thought to undermine the freedom of contract, resulting in a disproportionate level of freedom between parties, and that it represents a place at which markets fail. Where bargaining power is persistently unequal, the concept of inequality of bargaining power serves as a justification for the implication of mandatory terms into contracts by law, or the non-enforcement of a contract by the courts. Historical development The concept of inequality of bargaining power was long recog ...
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Punch Taverns
Punch Pubs & Co is a pub and bar operator in the United Kingdom, with around 1,300 leased pubs. It is headquartered in the traditional brewing centre of Burton upon Trent in Staffordshire. It was listed on the London Stock Exchange as a constituent of the FTSE SmallCap Index until its sale in 2016 for £403m to a private equity fund, Patron Capital, acting in concert with Heineken International who acquired 1,900 of Punch's pubs as part of the deal. History The company was established by former PizzaExpress head Hugh Osmond and Café Rouge founder Roger Myers in 1997 when they bought the Bass Brewery portfolio of public houses. In 1999 Punch purchased Inn Business Group plc, and later Allied Domecq's pubs for £3 billion, beating a rival bid from Whitbread. After the deal, Punch spun off its managed pubs into a separate division, Punch Retail, which was later renamed ''Spirit Group''. In 2002 Punch demerged the '' Spirit Group'' and then floated itself on the London Stock Ex ...
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Domino's Pizza Group
Domino's Pizza Group plc is a United Kingdom-based master franchise of international fast food pizza delivery chain Domino's Pizza. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. Domino's Pizza Group is the largest master franchisee in the Domino's system (see Domino's Pizza§Franchises), measured by retail sales and store profits. History The Domino's Pizza company was founded in 1960, by American entrepreneur Tom Monaghan as a single pizzeria in Ypsilanti, Michigan. The first store in the UK opened in Luton in 1985. The master franchise for the British Isles was sold off by the parent company in 1993 to Domino's Pizza Group, a subsidiary of the International Franchise Systems holding company controlled by sibling investors Colin and Gerry Halpern. The company partially floated its shares on London's Alternative Investment Market in October 1999, by which time it had expanded to a network of almost 200 branches (of which all b ...
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Burger King
Burger King (BK) is an American-based multinational chain of hamburger fast food restaurants. Headquartered in Miami-Dade County, Florida, the company was founded in 1953 as Insta-Burger King, a Jacksonville, Florida–based restaurant chain. After Insta-Burger King ran into financial difficulties in 1954, its two Miami-based franchisees David Edgerton (1927–2018) and James McLamore (1926–1996) purchased the company and renamed it "Burger King". Over the next half-century, the company changed hands four times and its third set of owners, a partnership of TPG Capital, Bain Capital, and Goldman Sachs Capital Partners took it public in 2002. In late 2010, 3G Capital of Brazil acquired a majority stake in the company, in a deal valued at US$3.26 billion. The new owners promptly initiated a restructuring of the company to reverse its fortunes. 3G, along with partner Berkshire Hathaway, eventually merged the company with the Canadian-based doughnut chain Tim Hortons, un ...
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Subway (restaurant)
Subway is an American multinational fast food restaurant franchise that specializes in submarine sandwiches (subs), wraps, salads and drinks. Subway was founded by 17-year-old Fred DeLuca and financed by Peter Buck in 1965 as Pete's Super Submarines in Bridgeport, Connecticut. After several name changes in the beginning years, it was finally renamed Subway in 1972, and a franchise operation began in 1974 with a second restaurant in Wallingford, Connecticut. Since then, it has expanded to become a global franchise. Subway serves an array of topping choices, allowing the customer to choose which toppings are included in their sandwich. The longtime Subway slogan, "Eat Fresh", is intended to indicate the fresh ingredients that are used in their sandwiches. It was the fastest-growing franchise in the world in 2015 and, as of June 2021, had 37,540 locations in more than 100 countries and territories. More than half its locations (21,796 or 58.1%) are in the United State ...
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J D Wetherspoon
J D Wetherspoon plc (branded variously as Wetherspoon or Wetherspoons, and colloquially known as Spoons) is a pub company operating in the United Kingdom and Ireland. The company was founded in 1979 by Tim Martin and is based in Watford. It operates the sub-brand of Lloyds No.1 bars, and around 50 Wetherspoon hotels. Wetherspoon is known for converting unconventional premises, such as former cinemas and banks, into pubs. The company is publicly listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. History Tim Martin opened his first pub in 1979 in Colney Hatch Lane in Muswell Hill, London. Many of the other early Wetherspoon pubs were also in the western part of Haringey. The name of the business originates from JD, a character in '' The Dukes of Hazzard'', and Wetherspoon, the surname of one of Martin's teachers in New Zealand, who had told him that he would not amount to anything. During the 1990s, Wetherspoons began a policy of routinely clo ...
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National Farmers Union Of England And Wales
The National Farmers' Union (NFU) is a member organisation/industry association for farmers in England and Wales. It is the largest farmers' organisation in the countries, and has over 300 branch offices. History On 10 December 1908, a meeting was held in an ante-room at the Smithfield Show to discuss whether a national organisation should be formed to represent the interests of farmers. The outcome was the National Farmers' Union (NFU). The first President, Colin Campbell, worked to get new branches off the ground, encourage membership and establish the NFU's credibility with Government, at a time when farming was going through the longest and deepest depression in its history, as imports of cheap grain and frozen meat flooded in from abroad. At the 1918 general election, the union ran six candidates, none of whom were elected. In 1922, it sponsored three unsuccessful candidates under its own name, and four successful Conservative Party candidates. It again sponsored Conse ...
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Sick Leave
Sick leave (or paid sick days or sick pay) is paid time off from work that workers can use to stay home to address their health needs without losing pay. It differs from paid vacation time or time off work to deal with personal matters, because sick leave is intended for health-related purposes. Sick leave can include a mental health day and taking time away from work to go to a scheduled doctor's appointment. Some policies also allow paid sick time to be used to care for sick family members, or to address health and safety needs related to domestic violence or sexual assault. Menstrual leave is another type of time off work for a health-related reason, but it is not always paid. In most nations, some or all employers are required to pay their employees for some time away from work when they are ill. Most European, many Latin American, a few African and a few Asian countries have legal requirements for paid sick leave for employees. In nations without laws mandating paid sick leav ...
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Paid Time Off
Paid time off, planned time off, or personal time off (PTO), is a policy in some employee handbooks that provides a bank of hours in which the employer pools sick days, vacation days, and personal days that allows employees to use as the need or desire arises. This policy pertains mainly to the United States, where there are no federal legal requirements for a minimum number of paid vacation days (see also the list of statutory minimum employment leave by country). Instead, U.S. companies determine the amount of paid time off that will be allotted to employees, while keeping in mind the payoff in recruiting and retaining employees. Generally, PTO hours cover everything from planned vacations to sick days, and are becoming more prevalent in the field of human resource management. Unlike more traditional leave plans, PTO plans don't distinguish employee absences from personal days, vacation days, or sick days. Upon employment, the company determines how many PTO hours will be a ...
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Unite The Union
Unite the Union, commonly known as Unite, is a British and Irish trade union which was formed on 1 May 2007 by the merger of Amicus and the Transport and General Workers' Union (TGWU). Unite is the second largest trade union in the UK (after Unison), with over 1.2 million members across construction, manufacturing, transport, logistics, and other sectors. The general secretary of Unite is Sharon Graham, who was elected on 25 August 2021 with 46,696 votes (approx 3% of Unite's claimed membership) on a turnout of 124,127 (approx 9% of claimed membership), with her term beginning on 26 August 2021. History Merger and early years (2007–2010) Unite the Union was formed on 1 May 2007 by the merger of Amicus, a general private sector union, and the Transport and General Workers' Union (TGWU). The general secretaries of the previous unions, Derek Simpson and Tony Woodley respectively, served as joint general secretaries of the new union. The executive councils of the pred ...
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The Work Foundation
The Work Foundation is a British not-for-profit organisation and independent authority providing advice, consultancy and research on the future of work, improving the quality of working life, leadership, economic and organisational effectiveness. The foundation works with government, business organisations, the public sector, and not-for-profit institutions. It operates with opinion formers, policy makers and partner organisations through forums and networks, consultations and publications. It was founded in 1918 as the Boys Welfare Association later becoming the Industrial Society. In 2002 it was renamed the Work Foundation, shifting its business model away from being a training organisation towards being a research, consultancy and policy think tank under the leadership of former Observer Editor Will Hutton. Its reports on various aspects of the labour market are often cited by the media. Ian Brinkley has replaced Stephen Bevan in the new position of director. In 2008 Stephen ...
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