Introduction of 'One-in, Two-out' rule set to slash red tape
This month sees the introduction of the 'One-in, Two-out' rule aimed at reducing the costs of bureaucracy on businesses. From January 2013, every new regulation that imposes a new financial burden on firms must be offset by removing red tape that will save double those costs.
The rule is being introduced across all Whitehall departments and applies to most domestic regulation affecting businesses and voluntary organisations. It doesn't apply to EU legislation unless it has been converted into UK law, beyond minimum EU requirements.
It replaces the 'One-in, One-out' rule that has been in place since 2011. Under this rule, the Government says that £1 billion of net savings were made last year through reductions in red tape.
Following several radical reforms last year, employment legislation is set to undergo further far-reaching developments this year, including the enactment of the Enterprise and Regulatory Reform Bill; the Children and Families Bill, dealing with aspects of flexible working; and employment tribunal reforms that are expected to deliver £40 million of savings to employers each year.
Acas offers regular Employment law update training events that explore new legislation and case law, and examine potential effects on organisations, to bring managers, supervisors and HR professionals up to speed with the latest developments.
Visit the Acas Training and Business Solutions area for more information.