Selling up? Don’t forget your employees

There are regulations to safeguard workers when a business changes ownership or merges

7th January, 2018

If your plans for 2018 include selling your business, it is important to factor in your legal obligations as they pertain to employees.

Transfer of undertakings regulations apply where a business, or part of a business, transfers from one owner to another.

They are designed to safeguard employee rights in the event of such a transfer, and establish the responsibilities of both the previous and new owners of a business.

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