Hazard new contract

A "hazard new contract" is a phrase that is often used in the context of employment law, particularly in the United Kingdom. It refers to a situation where an employer offers a new contract of employment to an employee, which may contain different terms and conditions than their existing contract.

In the UK, employees are entitled to a "statutory minimum" level of protection under the Employment Rights Act 1996, which includes the right to a "reasonable" notice period before their employment is terminated. However, this does not necessarily mean that an employer is required to offer a new contract to an employee before terminating their existing contract.

A "hazard new contract" is often used to describe a situation where an employer offers a new contract to an employee, which may contain different terms and conditions than their existing contract. This can include changes to the employee's job title, duties, salary, or benefits, among other things.

In some cases, an employer may offer a new contract to an employee as a way of avoiding the need to provide notice of termination. For example, an employer may offer a new contract to an employee who is approaching the end of their notice period, in order to avoid having to pay them for the remaining notice period.

However, it is important to note that an employer is not necessarily required to offer a new contract to an employee before terminating their existing contract. In some cases, an employer may be able to terminate an employee's contract without offering a new contract, as long as they provide the required notice period and comply with any other relevant employment laws.

It is also worth noting that an employee is not necessarily required to accept a new contract offered by their employer. If an employee is unhappy with the terms and conditions of the new contract, they may be able to negotiate with their employer to try to reach a mutually acceptable agreement. If this is not possible, the employee may be able to terminate their employment and seek alternative employment.