what_to_do
Registered User
- Messages
- 8
Hi,
Rumour has it my employer is retiring and selling the company as a going concern.
I've been reading a lot about TUPE and the like and it all sounds pretty ok.
My one issue is we don't have employment contracts. (nobody does in the company 20+ people, we're all pretty well paid, good benefits etc, it's not like we're being exploited or sub minimum or anything, just no contracts)
How will that work with a takeover? As I understand it we will transfer to the new company and need to sign new contracts. But what if there's Ts and Cs we don't like?
Ordinarily refusing to sign the new contract seems to be equivalent to resigning, but if we have no contracts what happens?
Rumour has it my employer is retiring and selling the company as a going concern.
I've been reading a lot about TUPE and the like and it all sounds pretty ok.
My one issue is we don't have employment contracts. (nobody does in the company 20+ people, we're all pretty well paid, good benefits etc, it's not like we're being exploited or sub minimum or anything, just no contracts)
How will that work with a takeover? As I understand it we will transfer to the new company and need to sign new contracts. But what if there's Ts and Cs we don't like?
Ordinarily refusing to sign the new contract seems to be equivalent to resigning, but if we have no contracts what happens?