It is the responsibility of employers to ensure they meet legislative requirements in relation to employee entitlements when buying or selling a business.
This module explains the transfer of business decision-making process, and options for employee matters in a sale of business.
- Understand the decision-making process and options for employee matters in a sale of business;
- Understand what are transferring employees & what industrial instrument covers transferring vs new employees;
- Understand transfer of service-related entitlements in transfer of business, including what is, and is not, negotiable in the Sale of Business agreement;
- Understand record keeping obligations of vendor & purchaser;
- Understand Employee Contract documentation requirements for transferring employees.
© Employee Relations Strategies Pty Ltd : April 2020
