Issue - meetings

Review of Redundancy Multiplier

Meeting: 02/03/2021 - Cabinet (Item 104)

104 Review of Redundancy Multiplier and Exit Pay Cap Update pdf icon PDF 85 KB

To consider a report of the Portfolio Holder for Corporate Development and Change.

Decision:

Decision

 

(a)       That the current 1.75 redundancy multiplier be extended for a further 12 months. This rate will be introduced for all employees.

 

(b)       That a further review of the redundancy multiplier takes place towards the end of 2021, to ensure any agreement of a new rate of redundancy

multiplier from 1 April 2022 takes into consideration any potential

reintroduction of an Exit Pay Cap or reforms to the Local Government

Pension Scheme.

 

Reason for the decision

The impact of Covid-19 has seen some delays in progressing

convergence activity across the council and which will result in employees

being made redundant after 31st March 2021. If the council introduces a

reduction to its level of redundancy multiplier this will result in employees

in these areas being treated less favourably than those that have been

included in reviews already taken forward.

Minutes:

The Portfolio Holder for Corporate Development and Change presented a report that sought to extend the current  redundancy multiplier for a further 12 months and that another review take place towards the end of 2021.  Cabinet was fully supportive of the recommendation.

 

Decision

 

(a)       That the current 1.75 redundancy multiplier be extended for a further 12 months. This rate will be introduced for all employees.

 

(b)       That a further review of the redundancy multiplier takes place towards the end of 2021, to ensure any agreement of a new rate of redundancy

multiplier from 1 April 2022 takes into consideration any potential

reintroduction of an Exit Pay Cap or reforms to the Local Government

Pension Scheme.

 

Reason for the decision

The impact of Covid-19 has seen some delays in progressing

convergence activity across the council and which will result in employees

being made redundant after 31st March 2021. If the council introduces a

reduction to its level of redundancy multiplier this will result in employees

in these areas being treated less favourably than those that have been

included in reviews already taken forward.