Two paid over?

Bath_cube

The company I have worked at for 17 years this may has been bought out by another insurance giant. We have been told that staff will be two paid over but what does this mean?. Myself and my colleagues are going to a union meeting regarding this next Tuesday. I'm worried that this could mean possible redundancies.

TELLIT01

It's not Two Paid it's TUPE. Here is information about it. https://www.tssa.org.uk/en/Your-union/your-workplace/employment-rights/tupe--a-guide-to-the-regulations.cfm

robatwork

Never heard it pronounced Toupee but that would be oddly apt.

Living_Bate

yes its TUPE and in my experience it can be quite unpleasant....

site operatives probably have it a bit better than office staff.....office staff are often surplus to requirement at the new place...

i've known people who've had to turn up at an office where they know they aren't wanted just so they don't have grounds to sack them

bertiewhite

Bath_cube wrote: »

The company I have worked at for 17 years this may has been bought out by another insurance giant. We have been told that staff will be two paid over but what does this mean?. Myself and my colleagues are going to a union meeting regarding this next Tuesday. I'm worried that this could mean possible redundancies.

It simply means that for a while, you'll get paid twice - by your old company and also by the new one.

Takeaway_Addict

bertiewhite wrote: »

It simply means that for a while, you'll get paid twice - by your old company and also by the new one.

quite funny but tut tut!

Alter_ego

Takeaway_Addict wrote: »

quite funny but tut tut!

That'll be Two Tut

bugslet

Alter_ego wrote: »

That'll be Two Tut

I've had a bad day. That was very silly. Thank you:rotfl:

Ja7188

One thing to watch out for - you may find that you get over-taxed on your first pay packet with the "new" employer (i.e. the insurance company who has bought you out) as HMRC may interpret the change as you having two jobs. I seem to recall this happening to one or two colleagues when we were TUPEd...

Hopefully not a massive problem as the issue should be corrected in the following month's pay run, but it's worth being aware of.

BooJewels

Ja7188 wrote: »

One thing to watch out for - you may find that you get over-taxed on your first pay packet with the "new" employer (i.e. the insurance company who has bought you out) as HMRC may interpret the change as you having two jobs.

That shouldn't happen. My husband's job requires him to do a lot of TUPE transfers and he says that when it's done properly and procedure is followed, the transition should be seemless - HMRC have their own methods for dealing with it and he's never had anyone with tax issues at all through a transition.

What might happen if the transfer takes place mid pay period, is that you may get two pay slips. One from the old employer for half a month and another from the new for the remainder.

What he did advise the OP to do is to get out their original contract of employment and familiarise themselves with the details, as the new employer cannot offer you a contract on less favourable terms. For example, if the new employer only offers SSP for illness, but your current contract offers you full pay for a month and 6 months on half pay (or whatever), then the new employer has to offer you exactly the same terms. They also must honour your service record, so if you have earned additional holiday days or other perks as a result of being there 17 years, they also apply.

You may need to fill in new paperwork for HR purposes, so that they can put your details on to their own payroll system, but he urged you most strongly NOT to sign a new contract until you are absolutely sure that the terms are identical. His own policy when inheriting staff is to not raise a new contract for at least a month, so everyone is settled and sure that they're staying (some simply don't want to work for the new company and see it as a chance to move on) and then he copies the terms of their contract into a new one in the new employer's format and gets them to sign it.

Even if you don't have your personal copy to hand, your old employer are obliged to forward a copy to the new company.

Gavin83

Living_Bate wrote: »

yes its TUPE and in my experience it can be quite unpleasant....

site operatives probably have it a bit better than office staff.....office staff are often surplus to requirement at the new place...

i've known people who've had to turn up at an office where they know they aren't wanted just so they don't have grounds to sack them

It’s my experience that the parent company use it as an opportunity to keep the best staff from both companies by combining the departments and shrinking it after, making redundancies. Possibly good if you’re excellent at your job, not so much if you aren’t.

They are likely to favour existing staff though so if you’re in the bought out company you’ll have to work extra hard.