HR’s regulatory maze
12 December 2023
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Press Release
Government and Institutions
Lifestyle Economics
15 November 2024
Len Shackleton quoted in The Telegraph
IEA Editorial and Research Fellow Professor Len Shackleton has been quoted in The Telegraph, discussing the strains that the growth of HR is currently putting on the economy.
Len said:
“We’ve moved to a situation where any little problem that crops up in the labour market, we’ve got to have more rules about it. It marks a shift in culture towards rules and regulations, and someone has to interpret them.”
“The [HR] argument is that our business has to be protected against any interpretation of these rules, so we won’t just follow the letter of it, we’ll add extra stuff. Bureaucratic organisations don’t like risk, but entrepreneurial activity is founded on risk.”
Read the full article here.
Len’s comments were also quoted in Yahoo! and MSN.
Len said:
“We’ve moved to a situation where any little problem that crops up in the labour market, we’ve got to have more rules about it. It marks a shift in culture towards rules and regulations, and someone has to interpret them.”
“The [HR] argument is that our business has to be protected against any interpretation of these rules, so we won’t just follow the letter of it, we’ll add extra stuff. Bureaucratic organisations don’t like risk, but entrepreneurial activity is founded on risk.”
Read the full article here.
Len’s comments were also quoted in Yahoo! and MSN.
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