Sentences with phrase «redundancy package»

A redundancy package refers to the compensation or benefits that an employee receives when they are made redundant or lose their job due to reasons beyond their control, such as downsizing or restructuring by the employer. Full definition
Mark Thompson's number two will step down from his role in June 2011, but will be compensated by a generous redundancy package, much to the chagrin of the right - wing press.
At the same time, he has spent # 1 billion on redundancy packages for managers.
They may be unable to relocate to other locations due to family issues, and have been forced to accept redundancy packages instead of following their jobs to new locations.
Six - figure redundancy packages in the public sector would be a thing of the past under proposals announced today by the Welsh Liberal Democrats.
not happy prospect are a scab union they they stabbed PCS in the back over the civil service redundancy package
Most will be able to advise on, and barter for, better redundancy packages on your behalf and provide free advice and guidance on your rights.
I'd guess that many people would think the Moneystepper way was on the risky side, depending on perhaps the sort of job they do, job security and of course, how long they've been with a company, which will determine what redundancy package they are entitled to if any.
More than threequarters agreed that bonuses and large redundancy packages are here to stay.
negotiating salaries, contracts, working conditions or redundancy packages with staff and representatives.
My employer was understanding and eventually laid me off with a generous redundancy package.
The 92 hereditary peers who remain in the chamber would be offered a redundancy package, or could stay until they died.
During a 2009 appearance before the culture, media and sport committee, Mr Coulson mentioned his redundancy package from NI, but did not explain that he received that payment and the Conservative party salary simultaneously.
So there will now be heated debates over the proportion of peers who should be elected, how they might be elected, what powers they should keep and what salary and redundancy packages they should receive.
The paper provides for a gradual transition, with no life peers forced to retire before death, but with the possibility of a redundancy package should they choose it.
A redundancy package will include a redundancy or severance payment and your unused annual leave and long service leave.
If you've received a decent payoff as part of your redundancy package, you need to decide what to do with it.
Some employers provide job hunting help as part of a redundancy package.
For example, if you had a separate income protection policy or your employer provided an illness and redundancy package, and you informed the salesperson you had this cover, but they insisted you also had to take their insurance; or you weren't asked if you had any alternative cover, go to how to reclaim.
In most cases, a redundancy package or severance pay can form part of your emergency fund in this scenario.
Sorry for all the workers» and hopefully they're redundancy packages are worth it and that they get other jobs quickly.
No one goes to a job interview and asks about the redundancy package.
At a meeting her employers said they wanted the discussions to be «without prejudice», and she was told that it not viable to return to her old job and that no alternative was available, and that her employment should be terminated, with her accepting a redundancy package.
* You won't be covered in case at the policy start date you knew that redundancy was coming or you volunteered for a redundancy package.
We have the understanding and experience to support you through this difficult process and can advise on how best to negotiate your settlement agreement to include outplacement support within your redundancy package.
If you have been made redundant and your company are offering you a redundancy package as part of your settlement agreement, you may be able to include career coaching costs in your redundancy pay.
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