Rebecca Timms

Feb 8, 2024 | personneltoday.com | Catherine Taylor |Neil A. Baylis |Rebecca Timms |Aisleen Pugh

Employer market power has been affected by the rise of hybrid working, the gig economy, increasing use of performance-related pay and misuse of non-compete covenants. A new government report details how the labour market is responding. The UK Competition and Markets Authority (CMA) has published a flagship report, Competition and Market Power in UK Labour Markets, which takes a “deep dive” into key trends in the UK labour market, focusing on the impact of competition and employer market power.