Sale, Transferor Contracting Out Sample Clauses

Sale, Transferor Contracting Out. The employer recognises the serious consequences that the loss or change of employment can have on individual employees and seeks to minimise those consequences. In the event of the sale, merger, transfer, contracting out or outsourcing of all or part of the business the employer will make every endeavour to ensure that employees are offered on-going employment on no less favourable terms and conditions of employment. Where the employee’s employment is being terminated by the employer by reason of staff surplus, nothing in this agreement shall require the employer to pay compensation for redundancy to the employee if the employee has received an offer of employment in a position that is directly comparable to their existing position, on no less favourable terms and conditions of employment, and treating the employee’s service as continuous, or in a capacity that the employee is willing to accept.
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