What happens during a restructure?

A company restructure may result in a change of job role, or shift in responsibilities. Restructure does not necessarily result in dismissals; they can involve adding new tasks to the existing employees’ responsibilities or requiring employees to do different jobs for different pay, or even creating new roles.

Is restructure the same as redundancy?

Restructuring is not the same as redundancy. A company or organisation can often be restructured, for example, involving the redistribution of work among the same number of employees, where redundancies will not need to be made.

How do you restructure staff?

How to restructure a company or department

1. Start with your business strategy.
2. Identify strengths and weaknesses in the current organizational structure.
3. Consider your options and design a new structure.
4. Communicate the reorganization.
5. Launch your company restructure and adjust as necessary.

Can my employer change my job role NZ?

Generally, if an employment agreement sets the employee’s hours of work, then an employer can’t change them without the employee’s agreement. This must be negotiated in good faith.

Do I have to accept a new role in a restructure?

Depending on the nature and scope of the changes, the employee may accept the new role after a trial period, or reject the role and take the redundancy payment. If the employee rejects the new job, they must have a good reason for doing so.

How long does it take for a company to restructure?

How long does a company restructure take? It is hard to say how long company restructuring can take because it depends on the company and every case is different. Generally speaking, it can take at least five months to restructure a business or even a year.

What to ask during a restructure?

3 questions to ask your boss when you survive the restructure

• What are the expectations of me now?
• What can you give me in return?
• How does this change my future?

Can my employer change my job description without my consent NZ?

So yes, your employer can propose changes to your employment agreement, but the employee must also agree to those changes to make the new contract legal. Changes can not be made unilaterally or forced onto someone without their consent.

Can you be demoted in a restructure?

A demotion could occur in a number of circumstances, for example as a disciplinary sanction, the outcome of a performance management process or part of an organisational restructure. A demotion could involve a change to the employee’s status, responsibilities, job title and/or salary.

What changes can take place under restructuring?

Restructuring costs can add up quickly for things such as reducing or eliminating product or service lines, canceling contracts, eliminating divisions, writing off assets, closing facilities, and relocating employees.

How do you prepare for a restructure?

When setting the objectives to guide your restructure, make sure they are specific and measurable.

1. Set your transition management team.
2. Effectively communicate your restructure plan.
3. Perform a skills assessment.
4. Prepare severance in advance.
5. Talent development programs.
6. Role suitability analysis.
7. Review and reflect.

How does restructuring affect employees?

Recent figures from the EWCS-2015 show that workers who had experienced restructuring in the past three years more often reported they needed to learn new things as part of their job, they had higher work intensity, they experienced more bullying and other adverse social behaviours.

How do companies deal with restructuring?

Here are five tips for employers on how to deal with a company reorganization.

1. Honesty and Transparency Go a Long Way.
2. Communicate With Employees as They Navigate How to Deal with a Company Reorganization.
3. Consider What Success Looks Like Under the New Structure.
4. Help Employees Adapt and Calm Concerns About Jobs.

Can my employer change my contract without my consent?

A contract of employment is a legal agreement between the employer and the employee. Its terms cannot lawfully be changed by the employer without agreement from the employee (either individually or through a recognised trade union).

Can my employer restructure my job?

An employer can change an employee’s job role, but usually only with their consent. Employees can find that their job role changes following a redundancy process. As part of a redundancy process an employer is legally obliged to look for suitable alternative work for the at risk employees within their organisation.

What happens if you don’t accept a demotion?

When you refuse to take a demotion, one of the options that you could pursue is quitting your job. When you choose this route, you will not be able to qualify for unemployment benefits. The unemployment system does not provide any benefits for individuals who voluntarily quit their job.