Reward Strategy

LATEST NEWS

SEARCH

LATEST NEWS

Zero-hours contracts hit record high

More people than ever are now on zero-hours contracts (ZHCs), according to the latest figures.

Twitter LinkedIn

New figures based on an analysis of Office for National Statistics (ONS) data reveal that 910,000 people are now working on ZHCs – 105,000 more people compared with the same period in 2015.

 

The figure represents an increase of nearly 14% – 30% higher than 2014.

 

There were just 100,000 people on ZHCs in 2005.

 

However, although the new figure represents a record high, analysis also reveals a sharp slowing in the rate of increase in the latter six months of 2016.

 

Conor D’Arcy, policy analyst at the Resolution Foundation, which undertook the analysis of the ONS’s Labour Force Survey, said:

 

“It’s notable that the increase of 0.8% in the second half of 2016 compares to a 7.7% rise over the same period in 2015.

 

“Ever since ZHCs hit the headlines the numbers have increased sharply every six months. The latest figures bring this run to an end.”

Twitter LinkedIn
Add New Comment

You might also like

Government to lead pensions dashboard project

The Department for Work and Pensions (DWP) will now take the lead on developing the "pensions dashboard", allowing individuals to see all their savings through one portal.

Scottish Budget 2017 set for 14 December

Just as important as the UK Autumn Budget (22 November 2017) is the date for the Draft Scottish Budget.
Reward Strategy

Did you find our website useful?

Thank you for your input

Thank you for your feedback

reward-strategy.com - an online news and information service for the UK’s payroll, reward, pensions, benefits and HR sectors. reward-strategy.com is published by Shard Financial Media Limited, registered in England & Wales as 5481132, Axe & Bottle Court, 70 Newcomen St, London, SE1 1YT. All rights reserved. Reward Strategy is committed to diversity in the workplace.
© Copyright Shard Financial Media Ltd