HR rules you need to know when acquiring a second business.

Alan Price – CEO at BrightHR

May 26 2015

It is worth bearing in mind that if you are anticipating acquiring a second business you need to take legal advice in regards to changing HR terms and conditions. Transfer of Undertakings (Protection of Employment) - TUPE - legislation is complex, and safeguards the existing rights of employees working for the business you intend to acquire.  TUPE makes it difficult to amend the terms and conditions of pre-existing staff especially if their conditions do not necessarily suit your business plans/needs, such as hours of employment, pay and benefits, etc. So it is paramount that before acquiring a second business you seek advice in anticipation of amending or changing the terms and conditions. Finally remember that if a business is being transferred to you, you may need to adapt your health and safety policy and procedures, risk assessments and even insurance policies to cover your new employees. However, the most important thing to remember is that all terms and conditions of employment must be maintained. If in doubt contact my advice team on 0844 892 2772.

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