Redundancy arrangements
No compulsory redundancy agreement
We have a no compulsory redundancy agreement in place, as part of our current pay deal. This is in place to provide colleagues with job security and protecting employment. This arrangement was negotiated with our recognised trade union partners.
Voluntary exit scheme
We have a targeted voluntary exit scheme. This scheme will sit permanently alongside our other People and Culture policies. It will only be available on a limited and targeted basis as determined by the Strategic Resources Board. Staff can find more information on the intranet.
Schemes like this are common in many organisations as a way of helping to manage change.