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Hidden agendas and TUPE rules.

Hi, I'm hoping someone can help shed some legal light on my current employment situation.

I currently work for a large company that has decided to sell my part of the business, they supposedly are yet to find a buyer. There will be a closed bidding process taking place towards the end of the year. Myself and colleagues have 12months remaining on our current T's and C's (agreed pay deal) We have recently been told when this bidding process takes place we will all be TUPE'd into a holding company and this will be the ONLY time we will be TUPE'd. When the new company takes over we're told this will be around April 2017, we will have around 3 months left of our T's and C's. We are all part of the GMB Union.
So my first question is: Why would they TUPE us into a holding company until the new company takes over, why not just TUPE us in April?
Secondly : what happens to our T's and C's when they expire?

Any help or advice would be much appreciated by myself and many of my confused colleagues.

Kind regards

Baifern4641

Comments

  • graeme647
    graeme647 Posts: 14 Forumite
    Fourth Anniversary 10 Posts Combo Breaker
    Why would they TUPE us into a holding company until the new company takes over, why not just TUPE us in April?

    Usually when disposing of part of a company the old owners will set up a new company to simply contain its assets, this is effectively packaging up the company to make it easy to sell, nothing to worry about there.


    Secondly : what happens to our T's and C's when they expire?

    TUPE means that any current terms will remain in effect as though your employement had not changed. Ultimately it will be up to the new owners if they want to reinstate or renew the deal you have bu much like your current employers they will be under no obligation to do so. In reality nothing changes for you apart from the fact that the new owners may have a different outlook / approach.
  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    The T&C must say they are temp and you turn to the previous ones(part of the current contract) or absence of anything they carryon.
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