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

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

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