PPRuNe Forums - View Single Post - IAG: BA restructuring may cost 12,000 jobs
Old 28th Apr 2020, 18:05
  #13 (permalink)  
helicrazi
 
Join Date: Dec 2007
Location: UK
Posts: 317
Originally Posted by peacheyglobes View Post
It could be, although if BA paid the statutory minimum redundancy pay (and I accept that is a big 'IF') then it would actually be quite inexpensive compared to pilot's salary. From gov.uk website:

"Employees get:

1.5 weeks’ pay for each full year of employment after their 41st birthday
a week’s pay for each full year of employment after their 22nd birthday
half a week’s pay for each full year of employment up to their 22nd birthday
Length of service is capped at 20 years and weekly pay is capped at £538. The maximum amount of statutory redundancy pay is £16,140."
Statutory yes, but they can offer any package they want...

My company offered it with an uncapped weekly pay for instance. Unions will negotiate .
helicrazi is offline