I wouldn't have thought that VR was
necessarily apart of any award/EBA. Surely a company can offer redundancy to whomever they like? Aren't they effectively asking if people will surrender their protection/conditions under the EBA in return for a payout?
As a side note, VR is far cheaper than forced.
Can anyone explain why this is the case? I'm not disputing it, just interested as to why it would be cheaper to payout guys who are on
much higher salaries (though you obviously reduce your payroll expenditure similarly).