michael769
Established Member
- Joined
- 9 Oct 2005
- Messages
- 2,006
Don't confuse managers with directors. They are different animals. Managers are employees whereas directors are board appointments on different terms and conditions. Not sure if they are covered by TUPE in any form but I suspect not.
In limited liability companies executive Directors are legally employee's and subject to the same rights as everyone else. Albeit the benefits and "golden handshakes" tend to mean they are less inclined to exercise their legal rights as an employee - indeed to do so would render them virtually unemployable at board level.
Non-execs of publicly quoted companies (plcs) do exist under a very different legal framework and do not benefit from normal employment protections, being instead subject to the constitution of the company, the relevant rules of the stock market on which they are listed and any regulatory requirements.