Restructuring Advice
Talk to an experienced employment lawyer at Tindall Gask Bentley today. Fill out your details here or call (08) 8212 1077 (SA), (08) 9211 5800 (WA) or (08) 8941 7814 (NT).
Tindall Gask Bentley provides high quality legal services tailored to the unique needs of employers.
When it comes to business, change is inevitable, and unavoidable! There are a number of reasons why businesses may face the need to restructure their organisations; changing market conditions, improvements to efficiencies or to respond to financial challenges.
Even when it is necessary, restructuring can be complex, and can involve a number of important considerations and steps. Often restructures can take months to plan, and even more months to implement.
The first thing for any business considering a restructure, is to have clear objectives/reasons for the restructure. This way, you can always check back to make sure you are still on track to meet these objectives.
A thorough review of all employment contracts should take place, and careful consideration of all alternatives. Sometimes, voluntary redundancy programs, temporary stand-downs or other solutions can be found that might be more cost-effective and lead to fewer legal issues.
We can help you throughout the whole process – once a decision has been made, we can advise on the consultation with employees, ensure compliance with any anti-discrimination laws, properly document everything, and help you plan for post-restructure compliance.