Economics & Social Policy

  • Economics & Social Policy

    "taking responsibility"

    By encouraging responsibility by individuals, government and business we believe that growth can be secured, public services improved and better outcomes delivered for families across the UK.

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    About Economics & Social Policy
  • Making Contributions Count

    Making Contributions Count proposes a new unemployment insurance scheme which will put personal contribution at the heart of the welfare system. The scheme would see workers able to draw from a contributory pot to provide a greater level of out of work support. Upon retirement, the contributions would be released as part of an individual's pension package, which could see people who worked all their lives receiving in excess of £10,000.  Read more • Infographic

    Contributory welfare
  • Work 2.0

    Work 2.0 provides a blueprint for how the Work Programme – the government’s flagship welfare-to-work policy – should be improved, including ideas on how to better assess jobseeker needs, how to integrate the Programme into the structures of Universal Credit, and how to better recognise local labour market conditions.

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    Work Programme 2.0
  • Joined Up Welfare

    Joined Up Welfare shows that the UK's system for helping people into work is in urgent need of reform and proposes a radical new structure centred around the specific needs of the individual. A new system would enable private companies and charities to compete with government providers to offer more personalised and specialist support to jobseekers.

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    Jobseekers
  • Taxing Jobs

    Taxing Jobs argues that because pay and productivity have remained strongly linked over the course of the recession, wages will begin to rise and productivity will improve as employers take on more staff. Providing a boost to the labour market in the form of a cut to the payroll tax for businesses would speed up the rate at which companies take on more staff. This would reduce unemployment more quickly and force employers to improve productivity and therefore pay among their workforces.   Read more

     

    Jobs, Growth and Pay

Latest Economics & Social Policy In the news

  • 15 October 2014 | Workers 'could be forced to pay £5 a week' to get benefits

    • The Independent covers our recently published report Making Contributions Count. The report calls for the next government to legislate for a new welfare system that establishes a clear link between contribution and benefits and proposes that every worker in Britain should make weekly contributions into a new nationwide unemployment insurance scheme.

  • 15 October 2014 | Right to dip into pensions ‘risks retirement car crash’

    • Our recently published report, Making Contributions Count, is covered by The Times. The report argues that public trust in the benefits system will not be restored until the link between what people have put in and what they get out is improved, and proposes that every worker in Britain should make weekly contributions into a new nationwide unemployment insurance scheme.

Latest Economics & Social Policy Publications

  • 15 October 2014 | Making Contributions Count: Reforms to create a social security system for the 21st Century

    • Making Contributions Count proposes a new unemployment insurance scheme which will put personal contribution at the heart of the welfare system. The scheme would see people who have worked hard and paid their taxes able to draw from a contributory pot to provide a greater level of out of work support if they need it. Upon retirement, the contributions would be released as part of an individual's pension package, which could see people who worked all their lives receiving in excess of £10,000.

  • 10 October 2014 | Work 2.0: Helping the hardest to help: targeted assistance, incentives and the Work Programme

    • Work 2.0 provides a blueprint for how the Work Programme – the government’s flagship welfare-to-work policy – should be improved, including ideas on how to better assess jobseeker needs, how to integrate the Programme into the structures of Universal Credit, and how to better recognise local labour market conditions.

Latest Economics & Social Policy Blogs

  • 17 October 2014 | It is time for more radical ideas to make welfare fit for purpose

    • Policy Exchange's Head of Economic and Social Policy, Steve Hughes, outlines the thinking behind our recently published report Making Contributions Count. The report calls for the next government to legislate for a new welfare system that establishes a clear link between contribution and benefits, and argues that only then will public trust in the benefits system be restored.

  • 10 October 2014 | Getting the long-term unemployed back to work under Universal Credit

    • Ed Holmes, Senior Research Consultant for Economics at Policy Exchange, calls on the government to seize the moment in tackling problems in the otherwise successful Work Programme. He sets our recommendations from his recent report Work 2.0 to ensure that the Work Programme works hand-in-hand with Universal Credit, building a more personally tailored employment system and helping getting claimants into 'mini-jobs' and building skills.

Latest Economics & Social Policy Event