TUPE explained: employee rights & corporate responsibility
Description
Corporate Acquisitions: Employment Insights - Episode 3
In this episode, Katie Harris and Natalie Wood discuss the Transfer of Undertakings Protection of Employment Regulations 2006 (TUPE).
As they speak about TUPE, they expose the strategies essential for a smooth transition during asset sales, and how they can influence deal timelines and potential post-transfer challenges such as dismissals and contractual alterations. The episode addresses the delicate balance of responsibilities between the selling and buying parties. Employers must be meticulous in planning and executing the transfer of employees, ensuring that all legal requirements are met and that the workforce is kept abreast of developments
Understanding TUPE is crucial for employers and employees alike as it can significantly influence the handling of employment contracts, liabilities, and the overall trajectory of corporate mergers and acquisitions.
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