Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Ireland's Health Service Executive (HSE) has announced an early retirement or redundancy package designed to cut the number of clerical, administrative and support staff by 5,000 by the end of 2010. It is understood that the HSE currently employs about 28,000 such staff. Under the scheme, agreed by the departments of Finance and Health as well as the HSE, early retirement will be offered to staff who are above 50 years in age, while voluntary redundancy will be open to staff up to the age of 60.
To be eligible, staff in the clerical, administrative or support grades must apply by 19 November and agree to leave the HSE by the end of 2010. Staff opting for the voluntary redundancy package will get three weeks pay per year of service, capped at two years' salary, plus their statutory entitlements. Those clerical and administrative staff who apply are guaranteed to be accepted for the package, but not all support staff who apply may be approved. The package is being put forward as a once-off offer.
Eurofound (2010), Health Service Executive, Internal restructuring in Ireland, factsheet number 71119, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/71119.
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