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Restructuring processes are standing orders: Companies that are not constantly being realigned in today's economic world hardly stand a chance to survive the increasingly tough competition. "But each entrepreneurial reorientation process stands or falls with its feasibility from an employment law perspective," Philipp Maier describes his motivation to write a handbook on "Restrukturierungen und Arbeitsrecht" (Restructurings and Employment Law), the second edition of which has now been published. The head of Vienna's employment law practice of the international law firm Baker McKenzie specializes in corporate restructuring scenarios and has advised numerous clients on prestigious reorganization matters over the past years.

The second edition of the standard work "Restrukturierungen und Arbeitsrecht" (Restructurings and Employment Law) also discusses in detail the transformation of organizational structures in companies. An additional focus is now put on modern working-time models. The traditional topics under employment law, such as transfer of business, operational changes, headcount reduction (and its alternatives), social compensation plan and participation rights of the works council, have been updated. The new edition also puts emphasis on the chapters dealing with retention models and concepts with respect to a post-acquisition integration. Due to its many templates, e.g. social compensation plans, but also calculation models and practical advice, this work is particularly suitable for the reader in his/her everyday professional life. For example, transfer agreements in the case of transfers of business and agreements on increasing the flexibility of working models are templates that have been added.

The handbook "Restrukturierungen und Arbeitsrecht" (Restructuringws and Employment Law) focuses on:

  • Transfer of business and consequences for employment contracts, works agreements and collective agreements
  • Consequences of operational changes (closure, merger, relocation, etc.)
  • Cancellation of employment contracts
  • Alternatives to headcount reductions (flexible working hours, unpaid leave, transfer, cutting of benefits, etc.)
  • Information and consultation obligations of the company
  • Participation rights of the works council
  • Social compensation plan (content, requirements, enforceability, costs)
  • Retention models
  • Harmonization of working conditions
  • NEW: Transformation measures

Bibliography:

Author: Dr. Philipp J. Maier, attorney-at-law and Partner with Baker McKenzie in Vienna

Publishing house: Manz Verlag Wien

ISBN: 978-3-214-01925-9

Cover: Hard cover

Scope: 364 pages

Price: EUR 76.00

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