S1E69 - Public Sector Exit Payments

The Restriction of Public Sector Exit Payment Regulations 2020 aim to prevent public bodies from making excessive payouts to departing employees. They cap the amount of an exit payment at £95,000. That sounds like a generous enough redundancy package, but things are as ever a little more complicated than that. To discuss the detail I’m joined by employment lawyer and commentator Darren Newman who works closely with a variety of public sector employers – particularly local authorities.  You'll learn:-

• what’s it's all about
• what organisations are covered?
• what does the £95,000 cap include, and how is the cap allocated between the different elements of an exit payment? is 95K – what does that include?
• are there exceptions?
• when do the Regulations come into force? What about redundancies that are already in the pipeline?
• Darren Newman's top tip for public sector employers.

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This podcast is published by (c) Employment Law Services Limited.  The information in this video is for general guidance only and, although the presenters and publisher believe it was correct at the time it was recorded, the law may have changed since then.  You should always seek your own independent legal advice.  Any employment law explained applies to England, Scotland and Wales only.

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