Academies: Redundancy Pay

(asked on 25th February 2016) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what assessment he has made of the effect of the proposed public sector exit payments cap on the flexibility of academy chains to restructure their workforce.


Answered by
Greg Hands Portrait
Greg Hands
This question was answered on 1st March 2016

Voluntary redundancy and workforce restructuring is not contingent upon access to six-figure exit payments. As such, we do not expect the cap to have a widespread impact on the take-up of voluntary redundancy, and believe the cap will enable public sector employers to retain the tools to effectively make organisational changes to their workforce whilst offering those made redundant generous provisions for loss of employment.

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