Travel0 min ago
FAO Barmaid
4 Answers
Hi Barmaid, my mum, Craft 1948 suggested that I asked you for advise.
The company that I work for was made into an LLP about 4 years ago, but this year the boss has suggested that quite a few of the employees become non-equity, non-voting members of the LLP.
He has made out that the significant benefits for the present employees are that we will pay less NI so we will be better off.
However there are downsides, ie no employee security, such as redundancy, SSP, plus other things.
The company I work for is very small and not union represented, so I am unsure who I can turn to for "proper" employment law advise.
My main concern is that I would no longer be protected by employment law and I am single with my own house and bills to look after.
For the record the company is in not in financial trouble (as far as I am aware), in the face of recession we have just had our best year to date (est 1994)
I guess I am asking what are the major cons to the proposal as I doubt he is giving us the full details.
All information gratefully received :)
The company that I work for was made into an LLP about 4 years ago, but this year the boss has suggested that quite a few of the employees become non-equity, non-voting members of the LLP.
He has made out that the significant benefits for the present employees are that we will pay less NI so we will be better off.
However there are downsides, ie no employee security, such as redundancy, SSP, plus other things.
The company I work for is very small and not union represented, so I am unsure who I can turn to for "proper" employment law advise.
My main concern is that I would no longer be protected by employment law and I am single with my own house and bills to look after.
For the record the company is in not in financial trouble (as far as I am aware), in the face of recession we have just had our best year to date (est 1994)
I guess I am asking what are the major cons to the proposal as I doubt he is giving us the full details.
All information gratefully received :)
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Dear Devilspawn
Firstly how appropriate that a child of Ms Craft has such a name!
Secondly, I really wish I could help, but I can't. Employment law really is not my area and frankly I have no idea whatsoever.
I think if you posted in Law and asked for Buildersmate or Themas one of them may be able to help you.
I'm really sorry, its an area about which I know absolutely naff all. You can write on a postage stamp with felt tip pen what I know about employment law. But I do wish you the best of luck. Sorry!
Firstly how appropriate that a child of Ms Craft has such a name!
Secondly, I really wish I could help, but I can't. Employment law really is not my area and frankly I have no idea whatsoever.
I think if you posted in Law and asked for Buildersmate or Themas one of them may be able to help you.
I'm really sorry, its an area about which I know absolutely naff all. You can write on a postage stamp with felt tip pen what I know about employment law. But I do wish you the best of luck. Sorry!
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