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Client wants to "Buy" my husband

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Comments

  • patman99
    patman99 Posts: 8,532 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Photogenic
    TUPE can happen to an individual employed by a company to undertake a role.

    I know of 1 person who worked directly for a company as as a handyman/plumber. When the co.s head office decided to apoint a single contractor to maintain all their sites, he was TUPE'd acroos to the new contractor. When they lost the contract, he was again TUPE'd to the new contract holders.
    Never Knowingly Understood.

    Member #1 of £1,000 challenge - £13.74/ £1000 (that's 1.374%)

    3-6 month EF £0/£3600 (that's 0 days worth)

  • Ozzuk
    Ozzuk Posts: 1,884 Forumite
    Eighth Anniversary 1,000 Posts
    Speaking from a position of having outsourced staff under me and not from an HR perspective, my team was TUPE'd across (there was no handshake payment but you can always ask). They were offered new contract terms or to stick with their old ones and they did continue their service. One area worth checking is the impact to your pension and any bonus. They lost the right to a bonus and obviously our pension scheme, but of which were significant losses. that aside, it was very straightforward.
  • patman99
    patman99 Posts: 8,532 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Photogenic
    The pension may not be an issue if he is with 'NEST' or 'PensionsNOW' as if the new employer uses the same provider, the funds continue to be added as before.
    Never Knowingly Understood.

    Member #1 of £1,000 challenge - £13.74/ £1000 (that's 1.374%)

    3-6 month EF £0/£3600 (that's 0 days worth)

  • patman99 wrote: »
    The pension may not be an issue if he is with 'NEST' or 'PensionsNOW' as if the new employer uses the same provider, the funds continue to be added as before.

    My husband's pension scheme is rubbish. It was done through a financial adviser. Think his company contribute a maximum of 3%. I would expect the client to have a better scheme as its a well known, large company. But will look into this. Thanks.

    I've heard a rumour today that it might happen much sooner than we were led to believe. A friend rang me to say she had heard that XXX had lost the contract and asking if my husband's job was okay. We had been led to believe that this was highly confidential was was still being negotiated. And I know for a fact that not all of my husband's colleagues are aware of the situation yet. Bit worried.
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