Examples of Exit Package in a sentence
The number and value of exit packages agreed by the Authority during the year were as follows: Exit Package Cost BandNote: Value bands have been combined in order to ensure that individual exit packages cannot be identified.
Exit Package Band* Under the Code, ranges can be grouped if it could otherwise identify individual staff.
EXIT PACKAGES & TERMINATION BENEFITS The number of exit packages with total cost per band and total cost of compulsory and other redundancies are set out below: Exit Package Cost Band Other departures include agreed settlements and contract terminations arising, for example, on ill health grounds or during probationary periods.
This will be reviewed at an early stage in the audit process to ensure any issues identified are resolved prior to the production of the draft accounts.3. Exit Package disclosure in Remuneration ReportIt has been identified that curtailment costs associated with the exit package for one employee were omitted from the Remuneration Report.A footnote has been added in respect of the incomplete information on curtailment costs in the Remuneration Report.
The Authority’s share of this is £3,102,000 as detailed in Note 23.Termination Benefits ProvisionAt 31 March 2021 a provision is not required, as detailed in the Exit Package Note 30.Employee Benefits AccrualUnder the Code, the council is required to accrue for any annual leave earned but not taken at 31 March each year.