Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Redundancy arrangements at Summit Wool Spinners

Media advisory: Engineering, Printing & Manufacturing Union and FIRST Union
Friday February 8, 2013.

Redundancy arrangements at Summit Wool Spinners

Unions representing workers at Summit Wool Spinners have reached agreement regarding a number of matters with the company over redundancy compensation for workers.

The workers will receive redundancy payments as per their existing collective employment agreements. This varies based on the length of service for each worker.

A provisional finish date for the plant’s operations as Summit Wool Spinners is 28 February 2013. Workers leaving before that date will still be entitled to access their redundancy compensation. Workers staying to the last day of work will receive a payment of $1,000, or $500 if they are part time.

Other matters including time off for counselling and certificates of service have also been agreed.

The unions remain concerned over proposed redundancy payments for some employees. Specifically the unions are taking legal advice over redundancy compensation for workers made redundant in the past and then re-employed by the company.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: NZ Wool Exports Jump To The Highest In More Than A Decade

New Zealand wool exports jumped to their highest level in more than a decade in June, aided by a lower currency and strong demand from China, the nation’s largest market. More>>

ALSO:

Surreal Estate: Home Values Rise At Fastest Rate In Seven Years

The latest monthly QV House Price Index shows that nationwide residential property values for July have increased 10.1% over the past year which is the fastest annual rate since 2007... The Auckland market has increased 18.8% year on year. More>>

ALSO:

New Employment Laws: Talley’s AFFCO Workers To Strike

The decision comes after the Talley’s owned company walked away from mediation last week and applied to end bargaining under the government’s new employment laws - the first such application since the law came into effect. More>>

ALSO:

Private Action: Employer Pleads Guilty Over Forestry Death

The CTU has always known that the death of forestry worker Charles Finlay was due to the poor health and safety practices of his employer... "The CTU, with the support of Charles’s family, needed to take this ground breaking private prosecution." More>>

ICT Innovation: Six NZ Finalists In World Summit Awards

The awards are a global showcase of 40 projects, across eight categories, with a special emphasis on those which show the benefits of information and communication technology for the development of communities. New Zealand has finalists in six of the eight categories. More>>

ALSO:

Final Frontier: Rocket Lab And NASA Sign Commercial Space Launch Agreement

Rocket Lab has signed a Commercial Space Launch Act Agreement with the National Aeronautics and Space Administration (NASA). The agreement enables Rocket Lab to use NASA resources - including personnel, facilities and equipment - for launch and reentry efforts. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news