Is Regulation Taking Over The World...
Is Regulation Taking Over The World...
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Discussion

Tyre Tread

Original Poster:

10,695 posts

247 months

Tuesday 2nd February 2016
quotequote all
... and stifling business.

I have worked in the credit or a credit related industry all of my working life and latterly moved into the commercial side.

Recently having become unemployed and relocated I have started to look at roles in the consumer side and I just can't get my head around the level of regulation. Its amazing anyone ever does any business whatsoever.

Most of the regulation appears as though its written by lawyers and whilst I am used to dealing with legalise in contractual issues it strikes me that its written and presented in such a way as to be difficult to interpret rather then for ease of comprehension.

May be its a job creation scheme by lawyers and the regulatory industry?

Perhaps I am just a dinosaur and past my sell by date (in my early fiftees) and need to find a job driving a delivery van or something.

If anyone can direct me to a suitable learning resource to update my knowledge and skill set in credit governance and compliance I'd be grateful.

jonah35

3,940 posts

188 months

Tuesday 2nd February 2016
quotequote all
Regulation is barmy in many cases and actually has the opposite effect.

Plumbers doing work and getting another person to sign it off
People being scared to help others for fear of being sued
The cost of business is so high due to regulation
Ringing up about insurance to listen to a 30 min spiel
Recording all calls
People in a workplace sat next to each other emailing instead of phoning or speaking so they cover their backs
People expecting compensation over trivial issues
People looking at ways to dodge regulation more than they're looking to do a good job
Qualifications over years of experience
Cost of being qualified
Annual training and compliance tests etc creating more pressure
People wanting to do the right thing but having to bend rules to fit a tick box sheet

It is only going to get worse and more scrutinised

Cest la vie

Maternity pay and sexism claims etc mean small employers just employ blokes like them
Racism claims mean people are scared to employ ethnic minorities
The big joke is having to interview people for a job when the firm already knows who has got the job and just goes through the process
Political correctness means people can't say what they think
Employment regulation means zero hours contracts and fixed term contracts


sidicks

25,218 posts

252 months

Tuesday 2nd February 2016
quotequote all
jonah35 said:
Regulation is barmy in many cases and actually has the opposite effect.

Plumbers doing work and getting another person to sign it off
People being scared to help others for fear of being sued
The cost of business is so high due to regulation
Ringing up about insurance to listen to a 30 min spiel
Recording all calls
People in a workplace sat next to each other emailing instead of phoning or speaking so they cover their backs
People expecting compensation over trivial issues
People looking at ways to dodge regulation more than they're looking to do a good job
Qualifications over years of experience
Cost of being qualified
Annual training and compliance tests etc creating more pressure
People wanting to do the right thing but having to bend rules to fit a tick box sheet

It is only going to get worse and more scrutinised

Cest la vie

Maternity pay and sexism claims etc mean small employers just employ blokes like them
Racism claims mean people are scared to employ ethnic minorities
The big joke is having to interview people for a job when the firm already knows who has got the job and just goes through the process
Political correctness means people can't say what they think
Employment regulation means zero hours contracts and fixed term contracts
And yet plenty of people support more and more regulation and seem to be oblivious to the impact on costs!

jonah35

3,940 posts

188 months

Tuesday 2nd February 2016
quotequote all
A delivery van?

Health checks, black box watching your speed, dash cam, no smoking in company vehicle, whiplash claims, mot, road tolls, tracker, no answering phone in van, contracts, insurance, parking tickets, time between calls and time taken monitored and you pushed for time but criticised for breaking speed limits, mpg being monitored by employer, performance reviews, 121s, management appraisals, office politics, watching what you say on Facebook, Twitter, in the pub, on your recorded phone calls etc. Clients cameras at home monitoring you, other road users filming you etc.......

Granted, all of this isn't bad per SE but if you think just how monitored/regulated you are it is amazing to think it.


528Sport

1,470 posts

265 months

Wednesday 3rd February 2016
quotequote all
Agree with all the above.

The world has lost it.

I turn work down if I have to do risk and method statements, many of my other contractor friends are sick of the "red tape" as well.


All regulation does is push up the price to the customer who ultimately decides "na too costly" and nothing get done.

I think we are slowly making a very uncomfortable bed to lie in. I partly blame "fast track management schemes" and "graduate schemes" that bring in the inexperienced kids & stick them in management roles with no real experience.


mph1977

12,467 posts

199 months

Wednesday 3rd February 2016
quotequote all
528Sport said:
Agree with all the above.

The world has lost it.

I turn work down if I have to do risk and method statements, many of my other contractor friends are sick of the "red tape" as well.


All regulation does is push up the price to the customer who ultimately decides "na too costly" and nothing get done.

I think we are slowly making a very uncomfortable bed to lie in. I partly blame "fast track management schemes" and "graduate schemes" that bring in the inexperienced kids & stick them in management roles with no real experience.
Your method statements and SSOWs should be in a library

Significant proprtions of your risk assessments can be pulled from a library and customised to the job if that is required ...

Even putting them onto someone elses format is just a cut and paste exercise

been there done that, taught that, audited that for the past nearly 20 years ...

insurance_jon

4,099 posts

277 months

Wednesday 3rd February 2016
quotequote all
don't open an insurance brokers is my advice then. compliance is costing me about £75k a year

528Sport

1,470 posts

265 months

Thursday 4th February 2016
quotequote all
mph1977 said:
528Sport said:
Agree with all the above.

The world has lost it.

I turn work down if I have to do risk and method statements, many of my other contractor friends are sick of the "red tape" as well.


All regulation does is push up the price to the customer who ultimately decides "na too costly" and nothing get done.

I think we are slowly making a very uncomfortable bed to lie in. I partly blame "fast track management schemes" and "graduate schemes" that bring in the inexperienced kids & stick them in management roles with no real experience.
Your method statements and SSOWs should be in a library

Significant proprtions of your risk assessments can be pulled from a library and customised to the job if that is required ...

Even putting them onto someone elses format is just a cut and paste exercise

been there done that, taught that, audited that for the past nearly 20 years ...
I take your point. But...

We went to a site to service a generator, handed in the risk and method statements, refused entry to site... Reason was "method statement was not complete" Our defence was we don't know if we are going to have to carry out any repairs (ie battery change, coolant pipe change ect ect) hence the blanks sections. There was a copy of the RAMS on a PDA for editing if extra works are needed. A live document you might say.


The company works on generators all over the UK and had never come across this before.
It took 3 hours before we were granted access.