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Changing terms and conditions of employment
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Changing terms and conditions of employment
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Release Date:
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11 June 2009
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Author:
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Mark Levine and Jennifer Millins
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Original Publication:
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Real Business Magazine
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Real Business’s legal agony uncle is the team at Mishcon de Reya. The firm tackles legal problems faced by entrepreneurs. This week: employment terms.
Businesses can significantly reduce their employment costs by changing employment terms. Reducing salaries or working hours, imposing shift changes, restricting overtime and imposing pay freezes can all be successfully implemented if handled properly and in accordance with the law.
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