Consequences of succession for workers
Posted: Mon Dec 23, 2024 9:40 am
entrepreneur or one of the partners tries to continue the activity under a different business form or a different name. It would be very easy to create a new company free of debts and continue commercial relations with former clients. But you have to be careful because this is not so easy.
The employees retain their seniority and working phone number in chile conditions. The new company must respect all the commitments made by the old company regarding pensions or social protections.
As regards the applicable collective agreement, the one existing at the time of the transfer will be maintained until it expires or until a new one comes into force. Both the transferor and the transferee must provide the workers with information regarding the transfer and how it affects them: legal, economic and social consequences.
We see, therefore, that business succession is a complex operation with numerous aspects that must be studied carefully before undertaking an irreversible transfer.
The employees retain their seniority and working phone number in chile conditions. The new company must respect all the commitments made by the old company regarding pensions or social protections.
As regards the applicable collective agreement, the one existing at the time of the transfer will be maintained until it expires or until a new one comes into force. Both the transferor and the transferee must provide the workers with information regarding the transfer and how it affects them: legal, economic and social consequences.
We see, therefore, that business succession is a complex operation with numerous aspects that must be studied carefully before undertaking an irreversible transfer.