Employment confusion for accountants
New employment regulations could force accountants to change firms against their will
Accountants are worried that they may have to change firms against their will if the proposals set out in new employment regulations are given the go-ahead.
Proposed changes to protection of employment regulations – which currently allow employees to transfer to the new owner of a business and keep their conditions of employment in place – could see teams of accountants working for clients forced to move to another firm if the client decides to change firms.
According to The Sunday Times, staff would only be able to avoid such a move if they opted out of the transfer and brought their employment to an end. They could then only be re-employed if their employer agreed to re-hire them.