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risk of redundancy
If an employer informs their staff that they are changing name of the company, and that they will be given new contracts to sign under the new companys name, so the old contracts are not to be used from that day. If the employee hasnt received the new contract even though the company has changed its name. Where would the employee stand if there were to be redundancys?
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For more on marking an answer as the "Best Answer", please visit our FAQ.If you are given new contracts to sign it should be mentioned in the new contract that your employement is being transferred from X company to Y company and that for the purposes of your conditions of employment, your employment will be regarded as continuous. To avid any misunderstanding, ask your employer to include this wording im the letter and don't sign the contract until it is.