Labour Market

HR’s regulatory maze


Government and Institutions

Kristian Niemietz writes for The Spectator

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.

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