Members of the RMT and TSSA unions together with employee representatives and senior management from both Amey and Colas have reached agreement on a voluntary severance package (VR) for the current redundancy proposals within the AmeyColas joint venture business.
The objective of undertaking voluntary redundancy applications is to endeavor to avoid compulsory redundancies within the JV business where possible.
Applications for VR will be sought from anyone who is currently working in the AmeyColas Integrated Management Team (PSM) and invitations to apply will be sent to home addresses in the next few days. All applications for VR will be reviewed by management, and management reserves the right to accept or decline any application(s).
The outline terms agreed are as follows:
For those with enhanced redundancy terms set out in your contract of employment, please find attached a copy of the matrix which sets out the basis for the calculation of VR and which has been agreed by both Unions. Where offered, this would be a solitary payment and no further payments would be applicable.
For those not on enhanced redundancy terms as set out in your contract of employment, we have agreed a payment of £1000 per year worked, calculated as per the statutory redundancy ready reckoner and capped at £20k per person. Your notice period would be in addition to this payment.
* Please note that Inland Revenue guidelines for the application of tax and NI for redundancy payments over £30K will apply as appropriate.
Any annual leave accrued but not taken by the employment end date would be paid in the next available payroll after the end date, subject to tax and NI. If the employee has taken more days annual leave than they have accrued by their employment end date, this amount will be deducted from any final payments owed to the employee
In addition to reaching agreement on the VR package outlined above, Collective and territory specific consultations also continued over the past two weeks, & union representatives and senior management reviewed and finalized in detail the proposed 'at risk' roles. As a result of this, it was also possible to firm up a number of roles which have been designated as 'identified' and therefore are no longer at risk.
On Friday 19th June, a communication was issued by letter to home addresses for all AmeyColas employees, clarifying whether each individual is at risk or identified.
Individuals who are at risk have been offered a 121 meeting this week with a member of the management team and an HR representative. These meetings will be the start of individual consultations.
Finally, anyone who is currently at risk and requires support is encouraged to speak to a line manager, HR representative or union representative. Arrangements have been made for these people to be available more frequently in the depots across the coming days.
Revised matrix roughly 75% of the previous one.
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