In previous issues we reported that the Public Sector Exit Payments Regulations 2020 were due to come into effect in November 2020.
The Regulations would place a £95,000 cap on public sector exit payments, including redundancy payments, the cost to the employer of funding early access to unreduced pensions, and other non-financial benefits such as additional paid leave.
Following intense criticism of the Regulations, the government has now announced that they will be revoked.
Do you know when the latest complex legislation changes come into effect? And are you aware of the work required to ensure your business is fully compliant? This guide includes advice on employment law updates as they happen, with month-by-month advice on all updates in an easy-to-read format.