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.