Wednesday 7 April 2010

Redundancy Payouts Cut to Statutory Minimum

QinetiQ's new chief executive wants to cut redundancy payouts to the statutory minimum – a maximum of 30 weeks' pay for older workers – later this year, as the company plans to make 1000 of its 6500 workers redundant. He also wants to cut the notice period of six months for compulsory redundancy, along with other staff terms and conditions.

These are the same minimum terms that are being forced upon us under the new terms of Civil Service Compensation Scheme.

Read more here.

No comments:

Post a Comment