Hello all
There is some excellent advice on here. This is my first time posting and i’m hoping you can help.
We acquired the full shareholding in a business a few months ago. The company are still trading under their own identity and there are no immediate plans to absorb the brand into the main one.
I was looking to issue new contracts as theirs are 99% the same as ours and I would look to honour the T&C’s of previously TUPE’d employees.
my questions are:
Am I just making work for myself by issuing new contracts, when they are so similar. Is there a reason here why I would need to issue new ones?
Is this a TUPE transfer as they are still trading under their brand and have a separate P&L etc. And if it isn’t what should the contract situation be - can we issue new or should we just retain existing?
Thanks for your help.
Dawn