Easily Remove Alternative Choice from the Restructuring Agreement

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How to Remove Alternative Choice from the Restructuring Agreement

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this program is presented by university of california television like what you learn visit our website or follow us on facebook and twitter to keep up with the latest uctv programs also make sure to check out and subscribe to our youtube original channel uc-tv prime available only on youtube thank you very much um our panel today is uh the basics of restructuring alternative paths to reform were going to be answering a lot of the questions that came up in the first panel we have a great uh lineup for you i am not going to read every bit of the um bios theyre in your packets but let me uh introduce our speakers in the order in which theres they will speak so our first speaker will be tom lockhart whos the managing director of public finance at stone youngberg he has been an investment banker since 1984. our next two speakers are going to do a kind of a tag team approach as a presentation and uh to my right is natasha carl who is a lobbyist uh and has been with the national im sorry

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Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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Do I have to accept a new role in a restructure?

If the restructure is taking place at the same time as a redundancy process, the individual should be offered a role as an alternative to redundancy. The individual has the right to a four week trial period in the new job, following which they can choose whether or not to take the job.

Do I have to interview for suitable alternative employment?

If a suitable alternative role comes up in your organisation, your employer must offer it to you rather than make you redundant. If more than 1 person is suitable for the same role, your employer may need to hold interviews for it. Your employer should offer the alternative role before your current role ends.

Can you be made redundant in a restructure?

Whatever the reason, a restructure usually entails redundancy. In this scenario, you need to remember the following: Employees who have at least two years length of service have the right to not be unfairly dismissed and the right to statutory redundancy pay.

Can a company make a position redundant and then replace them?

Yes, you can replace a redundant position. However, right up until the redundant employees last day of employment you should be considering whether there is suitable alternative employment that you could offer them within your organisation.

How long does a position need to be redundant for?

There is no particular time limit which applies. The relevance of the point arises in the context of determining whether the original redundancy was genuine.

What happens if I refuse redeployment?

If the employee rejects the offer of the role during the trial period, their employment rights are not affected, provided that their rejection is reasonable, and they will still be entitled to statutory redundancy pay and any enhanced redundancy pay offered by their employer.

Can I go back to a company that made me redundant?

Firstly, there are no restrictions on an employer re-employing somebody who has been made redundant pursuant to a legally compliant redundancy process. Provided a genuine redundancy situation existed when the employee was let go, there should be no issues with re-employing them at a later date.

Can I say no to redeployment?

If changes are being made to your role, your job may be redundant. However, if your employer is offering you redeployment and you dont accept it, it may impact the amount of redundancy pay (if any) you receive from your employer.

How many times can a company restructure?

There is no legal maximum or minimum number of times you can restructure, or how often (unless you have multiple positions of a single type in your business, e.g 5 baristas at a cafe - see above). However, anyone who has ever been through the restructuring process knows that it can be stressful and draining!

Who decides suitable alternative employment?

Your employer might offer you suitable alternative employment within your organisation or an associated company. Whether a job is suitable depends on: how similar the work is to your current job. the terms of the job being offered.

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