Redundancy plan timing questioned - News Summed Up

Redundancy plan timing questioned


Mike CollinsBusiness South has challenged parts of the Government’s proposed redundancy scheme, saying it is poorly timed. There should be exemptions for businesses which already had appropriate redundancy provisions in place, he said. Business South was also opposed to including health conditions and disabilities in the scope of the scheme because it would double the cost, he said. Given the current inflationary environment and cost pressures on businesses, the scheme was poorly timed, Mr Collins said. The scheme had the potential to "soften the blow" for a region if a large employer shut its operations abruptly, Mr Collins said.


Source: Otago Daily Times May 11, 2022 17:19 UTC



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