REC joins business bodies in call for a U-turn
REC joins business bodies in call for a U-turn on National Insurance increase
The Recruitment and Employment Confederation (REC), in conjunction with other business bodies including the CBI, the British Chambers of Commerce and the CIPD, is calling on its membership to sign a petition in protest of the one percent increase in employer National Insurance Contributions (NICs) planned for April 2011.
The petition was launched today with a letter to the Daily Telegraph calling for the Government to work with business groups to find alternative ways to close the UK's budget deficit.
Kevin Green, Chief Executive of the REC, comments: The planned NICs increase for businesses is tantamount to a tax on jobs. 2010 is witnessing the first stirrings of a recovery in the labour market with employers starting to feel more confident about recruiting. Increasing taxes on business will choke off recovery and will hinder getting people back into work.
The petition has been signed by the REC, the British Chambers of Commerce, the British Retail Consortium, the CBI, the CIPD, the Forum of Private Business, the Federation of Small Businesses and the Institute of Directors. The REC is encouraging its membership to sign up to the petition which can be found at http://www.no-nics-rise.co.uk/
The REC pledged in its manifesto published last week that any future Government needs to create the right economic climate to stimulate demand for jobs. To view RECs manifesto, visit the website http://www.rec.uk.com/about-recruitment/externalrelations