Restructuring and Redundancy
From time to time, all businesses need to make tough commercial decisions to ensure their continued success or indeed survival. Restructuring can often result in staff being made redundant and it is important that those affected are treated fairly and that legal requirements are complied with.
Early preparation and legal advice at the outset is essential to ensure the restructure and redundancy process is carried out both professionally and fairly. Informing and involving employees throughout is less likely to lead to litigation when a final decision is made.
Our specialist employment solicitors can help with:
- Selection criteria for redundancies
- Advising and guiding you through the consultation process
- Structuring redundancy packages
- Drafting settlement agreements
We can advise and guide you every step of the way from initial planning, consultation and review through to implementation and conclusion. Collective consultation duties may also be triggered depending on the numbers of employees involved and, in this instance, earlier planning and processes need to take place. Again, our employment solicitors can provide specialist advice should this be required.
We understand that the threat of redundancy can be extremely difficult and emotive for all involved and we can provide practical legal advice on how to manage the redundancy process effectively.
If you are considering restructuring your business, contact our experienced solicitors, Tim Ollerenshaw or Lisa Aitken to discuss your options on 01926 491181 or click on the links below.
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