Employee transfers between companies
It may be overwhelming when you are managing situations where you are looking at the transfer of business provisions under employment regulations.
The transfer of business clauses regulate the partial or complete transfer of a business, as well as what happens to the employees, benefits, awards, and contracts. These situations include the buying and merging of companies, sale of all or part of your business, as well as employee transfer from loss of contracts.
There is enormous risk here as an employer of failure to fully understand and discharge your obligations, as the legislation governing transfer of employees is complex and prone to make errors, and failure to comply may entail financial penalties.
VHD can offer assistance by guiding you through the consultation process and determine whether your company is covered by the transfer of business provisions
We offer the most up to date advice, any necessary documents, and ensure proper communication is conducted, and information shared between the businesses engaged in the transfer.