payoffs

Stampede to beat the cap on lavish payoffs

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Stampede to beat the cap on lavish payoffs: Public sector limit on golden goodbyes caused a rush of workers keen to leave on six-figure handouts 1,000 staff in government departments received exit payments above £95,000 The cap was introduced after a Daily Mail and TaxPayers’ Alliance investigation  The Mail revealed how bosses were being paid … Read more

Public sector pay-offs WILL be capped at £95,000

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Public sector pay-offs WILL be capped at £95,000 as part of new ban on six-figure ‘golden goodbyes’ to save the taxpayer millions A ban on six-figure redundancies could save taxpayers up to £200mn per year  Cabinet Secretary Sir Mark Sedwill was handed £248,189 when he departed And four other permanent secretaries whose departures were announced … Read more