Forum for former BBC staff

Forum for former BBC staff
http://www.ex-bbc.net/cgi-bin/yabb/YaBB.pl >> News and Comment >> Final pay-off limits... http://www.ex-bbc.net/cgi-bin/yabb/YaBB.pl?num=1366886512 Message started by Administrator on Apr 25^th, 2013, 10:42am

Title: Final pay-off limits...
Post by Administrator on Apr 25^th, 2013, 10:42am

This is from the BBC Media Centre:-

BBC announces cap on redundancy and severance payments

Under the proposals, changes will be made to redundancy, severance entitlement and notice periods for all senior managers including the BBC Director-General.

BBC Director-General Tony Hall said: "The BBC cannot be deaf to concerns about BBC staff pay-offs. These are difficult economic times for people across the country and the BBC is not immune from them. The financial settlements of the past cannot be justified in the future. We will consult on these proposals over the coming weeks but I believe they represent a fair way forward for staff and for licence fee payers.

"I appreciate that making changes to existing contracts is never easy. But it is to the great credit of the senior leadership team at the BBC that there is broad recognition of the need for change."

The proposals would entitle senior managers to redundancy of one month’s pay for each year of service up to a maximum of 12 months’ salary or £150,000 - whichever is the lower. This brings the BBC into greater alignment with other industry comparators and the Civil Service who have a similar eligible pay cap.

As part of the new guidelines, all BBC Executive Board members would have their notice period reduced from 12 months to 6 months. Where staff resign or are made redundant they would be expected to work their notice in full.

Where termination discussions were already underway for those senior staff members planning to leave between now and September the BBC will not seek to impose these new conditions and we are working with these individuals to find the best way forward. In a small number of cases this may mean some staff leaving with settlements above £150,000 but these negotiations are ongoing.

The BBC will consult on the new proposals with relevant staff and unions which are planned to come into force from September 1st 2013.

Source The BBC Media Centre.

Meanwhile, "The Guardian" has their report here.

"The BBC has been heavily criticised over payoffs in the past six months after it emerged that Entwistle was paid £450,000 after resigning at the height of the Savile scandal in November, just 54 days in the job. MPs on the Commons public accounts committee branded the payout a "cavalier" use of licence fee payers' money.

The BBC's former chief operating officer, Caroline Thomson, left with £670,000 in September 2012 after she was beaten to the top job by Entwistle.

Mark Byford, the former director of journalism and deputy director general, was given a £949,000 redundancy payoff, while Sharon Baylay, director of marketing, was given a total of nearly £400,000."

Title: Re: Final pay-off limits...
Post by FoxyFace on Apr 26^th, 2013, 8:32am

In the good old days-it was possible to not only be made redundant with 24 months salary "pay off"-the first 30k being tax free-but also-if you were 50 years old you could take a non discounted pension.
Thus-for those with a good MP2 OR 3 OR 4 salary and 30 plus years service , they were "quids in".
Even more so if they were then able to wangle BBC freelance work shortly after disengaging from the staff.
Tee hee!

Title: Re: Final pay-off limits...
Post by JohnW on Apr 26^th, 2013, 8:57am

I know someone else who did just that!!
In 6 months freelance (just after he'd gotten himself made redundant) he earned more than I did in the whole of that year.
[I'll admit to being extremely envious!]