What different redundancy schemes are there in ICL?
The Security of Employment Agreement (SEA) covers most staff. There is also a Management grade package, which also applies to some people who signed new contracts when they entered professional communities. Ex-SORBUS staff transfered into ICL with their own package (which isn’t very good!). We also understand that some people have been put on statutory minimum redundancy packages – which is a real set-back. The scheme that applies to you is that which is stated in your contract.
