Hi
I have been working for a company for 16 years. Its a small family owned business.
Recently it was passed down to the son of the owner and of course he has made some changes.
I was on a bonus scheme that entitled me to a portion of the profits each year if certain targets were met.
The new owner had decided that this is too generous and instead wants to change my salary to exclude this bonus. He is suggesting that we review my whole job and duties and change my pay structure.
In fairness, the new owner has taken on a lot of the tasks I was originally performing before he started, but this was his choice not mine.
Do I have to accept the new position and pay structure that he is offering?
Can he force me to change my job?
I am at the stage that I would happily accept redundancy, is this an option for me to request? or am I excluded from redundancy because there is work for me, even if its under different terms and conditions?
Any pointers or help would be appreciated.
Thanks
I have been working for a company for 16 years. Its a small family owned business.
Recently it was passed down to the son of the owner and of course he has made some changes.
I was on a bonus scheme that entitled me to a portion of the profits each year if certain targets were met.
The new owner had decided that this is too generous and instead wants to change my salary to exclude this bonus. He is suggesting that we review my whole job and duties and change my pay structure.
In fairness, the new owner has taken on a lot of the tasks I was originally performing before he started, but this was his choice not mine.
Do I have to accept the new position and pay structure that he is offering?
Can he force me to change my job?
I am at the stage that I would happily accept redundancy, is this an option for me to request? or am I excluded from redundancy because there is work for me, even if its under different terms and conditions?
Any pointers or help would be appreciated.
Thanks