Cap to stop large public sector exit payments

A consultation has been launched outlining how the government will introduce a £95,000 cap to stop huge exit payments when public sector workers leave their jobs.

More than 1,600 highly-paid workers received payments of more than £100,000 in 2016-17 when they left public sector roles, costing a total of £198 million. Research shows that English local government six-figure payments alone accounted for £98 million.

With a consultation launched, the UK Civil Service, local government, police forces, schools and the NHS are included in a first round of implementation which will cover the vast majority of public sector workers.

Liz Truss, Chief Secretary to the Treasury, said: “It is clearly wrong when people leave public sector roles with massive payoffs. It incenses the public when they see their hard-earned money used badly like this. That’s why we are capping exit payments to stop unacceptably large pay-outs for senior managers.”

Event Diary

DISCOVER | DEVELOP | DISRUPT

UKREiiF has quickly become a must-attend in the industry calendar for Government departments and local authorities.

The multi-award-winning UK Construction Week (UKCW), is the UK’s biggest trade event for the built environment that connects the whole supply chain to be the catalyst for growth and positive change in the industry.