New Employee Shareholder Status

05-09-2013 09:55

The new Employee Shareholder status came into effect on 1 September 2013.  This scheme permits employees to give up certain rights such as unfair dismissal and statutory redundancy pay in return for a minimum value of £2,000 worth of shares in the employer’s company or parent company. 

For further details check out this really helpful guidance note that the government has produced https://www.gov.uk/employee-shareholders

If you would like more information on this or other areas of employment law, please contact Christina Merrington.

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