PowerPoint Presentation: Zero Hour Contracts
PowerPoint Presentation: So What are Zero Hour Contracts? Its when you work when you are required to work You have no fixed hours or fixed paycheck Some months you may get too much work Some months you may get too little work
PowerPoint Presentation: So Here are the Pros
PowerPoint Presentation: Flexibility No obligation to work certain hours You can work around your commitments For Employees
PowerPoint Presentation: It helps engage employees Its makes it easier to respond to troughs and peaks in demand Saves money as there are never too many employees at low demand For the Employer
PowerPoint Presentation: So this doesn’t sound too bad HOWEVER…
PowerPoint Presentation: Your salary can fluctuate largely each month For Employees Paying bills can be difficult Harder to get bank loans Harder to pay mortgage/rent
PowerPoint Presentation: Number of people with Zero hour Contracts (office of National Statistics) The Statistics
PowerPoint Presentation: The number of Zero Hour Contracts has almost QUADRUPLED since 2011 52,000 200,000
PowerPoint Presentation: H owever
PowerPoint Presentation: The Chartered Institute of Personnel and development (CIPD) say that the number of people with Zero Hour Contracts could be as high as
PowerPoint Presentation: 1 million
PowerPoint Presentation: The consequences
PowerPoint Presentation: The average number of zero hour contracts is getting larger and larger
PowerPoint Presentation: And so there must be more variable incomes people with
PowerPoint Presentation: Therefore more people will be struggling to pay their bills
PowerPoint Presentation: 8.6 million Britons do not have enough savings put by to cover their rent or mortgage for more than a month if they lost their job
PowerPoint Presentation: And so more people are becoming
PowerPoint Presentation: Over 113,000 households applied to their local authority for homelessness assistance in 2012/13
PowerPoint Presentation: Other impacts
PowerPoint Presentation: Zero Hour contracts can lead to a lot of
PowerPoint Presentation: Which then can lead to Depression
PowerPoint Presentation: And who picks up that bill?
PowerPoint Presentation: None other than the …
PowerPoint Presentation: Who have enough financial problems already
PowerPoint Presentation: The Number of people benefiting from psychological therapies is hugely increasing 182,000 people 2009/10 528,000 people 2011/12
PowerPoint Presentation: Adding even more costs to the NHS
PowerPoint Presentation: Which is then paid for by us the Tax Payers
PowerPoint Presentation: So….
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