Business Restructuring
What Process Should You Follow?
Today more than ever New Zealand businesses are reviewing and often making changes to their staffing requirements to ensure they operate more effectively and adapt to current market conditions.
However, this can introduce unforeseen risks for business owners who incorrectly believe they can simply restructure their business as they see fit. Changes to employment law now make it more complicated to disestablish roles and make people redundant.
Restructure with Confidence
Our advice for business owners and HR managers is to seek professional guidance at the start of any restructuring process so we can help you navigate critical points throughout the process.
Although the threshold for employers is high, following the process doesn’t have to be onerous. In fact, by handling matters correctly the whole process can be very stress-free for you and your team.
Drafting a terms of reference for the process
Information on how to undertake robust consultation
Assistance with selection criteria
Informal discussions with potentially affected employees
Guidance on scripts for formal meetings with potentially affected employees
How to respond to employees’ written submissions effectively
Guidance on what information to supply to potentially affected employees
Restructure with Confidence
Our advice for business owners and HR managers is to seek professional guidance at the start of any restructuring process so we can help you navigate critical points throughout the process.
Although the threshold for employers is high, following the process doesn’t have to be onerous. In fact, by handling matters correctly the whole process can be very stress-free for you and your team.
Drafting a terms of reference for the process
Information on how to undertake robust consultation
Assistance with selection criteria
Informal discussions with potentially affected employees
Guidance on scripts for formal meetings with potentially affected employees
How to respond to employees’ written submissions effectively
Guidance on what information to supply to potentially affected employees
How We Can Help?
Accord Services can help you review your staffing requirements, can provide you with written guidance to help you to make the required changes to your organisations staffing requirements, while treating all potentially affected parties with dignity and good faith, and will provide assistance to ensure you follow the right process. This can help ensure that any decisions taken aren’t easily contested under the Employment Relations Act.