As we move reluctantly into a period of uncertainty (let’s not mention the B word), where even largescale corporate companies face sale, closure, or restructuring, we worry also for small and medium-sized business. A talking point has been the recent high-profile news that Exeter-based airline Flybe (a company with 2,300 staff in the UK) is up for sale to a consortium led by Virgin Atlantic and Stobart Air. Whilst the company acknowledged that the most recent proposed offer per share was disappointingly low, it had to warn its shareholders that it will wind up the company if they do not back a sale. A worrying time for all those associated with Flybe who are in a period of limbo.
Are you feeling uncertain about the future? As a business owner with any number of employees, it is inevitable that you will find yourself apprehensive about what the future might bring. The added complexity and ever-changing nature of employment law, can make the prospect of having to restructure, or make other changes to your business, daunting and risky. This is where we can help.
In the unhappy situation where your business faces the need to scale back, sell up, or even close, you (as the employer) need to explore the options for your staff, such as opening up consultation for relocation or redundancy. Nobody needs an Employment Tribunal claim on their hands, especially in the current financial climate.
Through joining our Employment Law Service, we can help you start thinking about futureproofing your business with the peace of mind that costs for employment law advice is covered. With all this uncertainty, we offer the reassurance that WBW’s Employment team will be there to advise you through any staff restructure or redundancy situation.
In light of this challenging time, WBW are offering a free consultation for businesses to discuss their workforce-related concerns, including lay-offs, redundancy, restructuring, long and short-term changes to employment law terms and conditions, or preparation for sale or closure.
Our Employment Law Service exists not just to provide protection for employers losing employees! If you are taking on new staff, have a holiday pay query or need a new policy added to your staff handbook, our service offers free “on tap” advice for all employment law situations – providing the ultimate protection. We also provide employment contracts.
We work with a variety of small and medium sized businesses. Please get in touch with the Employment team if you would like to know more about the Employment Law Service.
This article was written by Kerry Curd who is a Partner in our Newton Abbot office. If you would like to speak Kerry to discuss any of the information mentioned in the article then you can contact her by email at firstname.lastname@example.org or by telephone on 01626 202406.
For all your legal needs, contact WBW Solicitors today.