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British Tories Pledge to Stop Sutton-Style Golden Handshakes

British Tories Pledge to Stop Sutton-Style Golden Handshakes


The Taxpayers’ Union is calling on John Key to follow British Prime MinisterDavid Cameron’s pledge to ban six figure “golden goodbyes” for public sector workers.

Taxpayers’ Union spokesman Ben Craven says:

"New Zealand mirrors the UK's culture of taxpayer funded golden handshakes. UK Prime Minister David Cameron has pledged to stop the big payouts – our Prime Minister should follow suit.”

“Severance payments are usually made to payout underperforming executives to avoid messy employment disputes. The easiest way to fix the problem would be to prevent the top 1% of income earners relying on the unfair dismissal laws intended for those much lower in the pecking order.”

“It is ludicrous that severance payments have morphed into lavish golden handshakes, with taxpayers footing the bill.”

Recently Labour leader Andrew Little criticised the decision to grant disgraced CERA chief executive Roger Sutton a severance payment.

“It is time for a bi-partisan consensus that the lavish golden handshakes provided to chief bureaucrats are excessive. New Zealand should follow UK and cut the golden handshakes."

ENDS


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