Millions of small businesses in the UK are breaking the law and risking costly employment tribunals with lax HR policies, according to research by business insurance comparator SimplyBusiness.co.uk.
- More than a fifth of small firms have no employment contracts
- Around three quarters have no policies on smoking, alcohol and drugs
- Nearly three quarters have no written rules on expenses
Two fifths (40%) of firms have no written HR policies, and despite it being a legal requirement, over a fifth (21%) of SME employers have no formal contracts in place for permanent employees, rising to 28% for those employers using freelance, contract or temporary workers.