As John Lewis announces that it is cutting enhanced redundancy pay by half, employers looking to follow suit should beware of the legal risks. Joanna Sutton looks at the problems around cutting ...

THOUSANDS of workers could see their redundancy pay packets slashed in a big rules shake-up. The government is looking to cut back on “special severance payments” (SSPs), which are payouts given to ...

Trade unions have reacted angrily to government plans to cut civil servants' redundancy pay by an estimated 25.9%. It comes as ministers seek to reduce civil servant jobs by 91,000. The PCS trade ...

Redundancy payments for collective dismissals are incorporated into a Shapiro-Stiglitz model of efficiency wages. It is shown that a lump-sum payment will lower wages, leaving employment and welfare ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A year ago, an employee requested to remain in employment, working past the normal retirement age. Given ...

The move comes after customers criticised the retailer for its lack of clothing items at lower prices. (Photo by Leon Neal/Getty Images) John Lewis Partnership could be on track to make further job ...