Hello Professional, Greetings!! I am seeking help from you professional on below subject,
The scenario is that one MNC company has taken over (Acquisition) another MNC with their assets and manpower, with their employment and service continuity.
I need your great help in preparing the letter. In that case which letter we need to handover to employees? Any draft?
Thank you in advance.
From India, Shirwal
The scenario is that one MNC company has taken over (Acquisition) another MNC with their assets and manpower, with their employment and service continuity.
I need your great help in preparing the letter. In that case which letter we need to handover to employees? Any draft?
Thank you in advance.
From India, Shirwal
There could be more than one options-
1.Re-issue appointment letter with detailed terms & conditions of service consequent to acquisition;
2.To have bi-partite agreement executed, mutually signed, mentioning therein, among others, continuity of service, EPF, Gratuity, seniority etc.
From India, Bangalore
10731.Re-issue appointment letter with detailed terms & conditions of service consequent to acquisition;
2.To have bi-partite agreement executed, mutually signed, mentioning therein, among others, continuity of service, EPF, Gratuity, seniority etc.
From India, Bangalore
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
Sample Transfer Letter.doc