ATTACHMENT B
SEPARATION COMPARISONS (BASED ON WG03 ON
ALTERNATING DAYS AND NIGHTS PROJECTED TO DECEMBER 2001)
(WG03 weekly pay £426.13, hence monthly pay
is £1,853.67)
Assuming 3.25 DM and 67.11 BEF to the £1
| UK Legal Requirements
| weeks pay | amount paid
£
| German Legal Requirements*
| months pay | amount paid
£
|
| Aged 41 with 15 years service
| | Aged 41 with 15 years service
| |
| ½ weeks pay/year for aged 18 to 22 |
0 | —
| 1 months base wage/salary per year of service (minimum 5 and maximum 18)
| 15 | 27,804.98
|
| 1 weeks pay/year for aged 22-41 | 15
| 3,450.00 |
| |
|
| 1½ weeks pay/year for aged 41+ | 0
| — |
| |
|
| Total separation pay and costs |
| 3,450.00 | Total separation payment—months pay and costs
| | 27,804.98
|
| Aged 45 with 19 years service
| | Aged 45 with 19 years service
| |
| ½ weeks pay/year for aged 18 to 22 |
0 | —
| 1 months base wage/salary per year of service (minimum 5 and maximum 18)
| 18 | 33,365.98
|
| 1 weeks pay/year for aged 22-41 | 15
| 3,450.00 |
| |
|
| 1½ weeks pay/year for aged 41+ | 6
| 1,380.00 |
| |
|
| Total separation pay and costs |
| 4,380.00 | Total separation payment—months pay and costs
| | 33,365.98
|
| Aged 52 with 27 years service
| | Aged 52 with 27 years service
| |
| ½ weeks pay/year for aged 18 to 22 |
0 | —
| Based on a sliding scale (32,500 DM)
| | 10,000.00
|
| 1 weeks pay/year for aged 22-41 | 9
| 2,070.00 |
| |
|
| 1½ weeks pay/year for aged 41+ | 16.5
| 3,795.00 |
| |
|
| Total separation pay and costs |
| 5,865.00 | Total separation payment—week's pay and costs
| | 10,000.00
|
| |
| | Deferred pension at age 55 (employee receives per year)
| 3,623.52 |
|
| |
| | Total cost to the Company (including Pension costs)
| 25,500.00 |
|
| Aged 55 with 30 years service
| | Aged 55 with 30 years service
| |
| ½ weeks pay/year for aged 18 to 22 |
0 | —
| 20.9 months "net pay" where net pay is 70% of monthly wage up to 12,600 DM plus 35% of the excess
| | 27,120.00
|
| 1 weeks pay/year for aged 22-41 | 6
| 1,380.00 |
| |
|
| 1½ weeks pay/year for aged 41+ | 21
| 4,830.00 |
| |
|
| Total separation pay and costs |
| 6,210.00 | Total separation payment—week's pay and costs
| | 27,120.00
|
| |
| | Immediate pension (employee receives per year)
| | 3,870.48
|
| |
| | Total cost to the Company (including Pension costs)
| | 49,119.19
|
* based on Ford of Germany 1996 terms as no legislative minimum
or maximum.
| Belgium Legal Requirements | weeks pay
| amount paid
£
| FoB Terms for Dagenham
| weeks pay | amount paid
£
|
| Aged 41 with 15 years service
| | Aged 41 with 15 years service
| |
| pay in lieu of notice (14 weeks) | 14
| 5,965.82 | 1 weeks pay/year <41
| 15 | 6,391.95
|
| social security payment |
| 3,501.94 |
| |
|
| 1.5 weeks pay/year for aged >41 | 0
| — |
| |
|
| special payment |
| 469.38 | pay in lieu of notice—max 12 weeks
| 12 | 4,397.64
|
| |
| | special payment—13 weeks
| 13 | £4,764.11
|
| |
| | special payment—39 weeks
| 39 | 16,619.07
|
| Total separation pay and costs |
| 9,937.14 | Total separation payment—months pay and costs
| | 32,172.77
|
| Aged 45 with 19 years service
| | Aged 45 with 19 years service
| |
| pay in lieu of notice (14 weeks) | 14
| 5,965.82 | 1 weeks pay/year <41
| 15 | 6,391.95
|
| social security payment |
| 3,501.94 |
| |
|
| 1.5 weeks pay/year for aged >41 | 6
| 2,556.78 |
| |
|
| special payment |
| 469.38 | pay in lieu of notice—max 12 weeks
| 12 | 4,397.64
|
| |
| | special payment—13 weeks
| 13 | £4,764.11
|
| |
| | special payment—39 weeks
| 39 | 16,619.07
|
| Total separation pay and costs |
| 9,937.14 | Total separation payment—weeks pay and costs
| | 34,729.55
|
| |
| | Deferred Pension (employee receives per year)
| | 6,712.15
|
| Total cost to the Company (including Pension costs)
| | 69,369.55
| |
| |
| Aged 52 with 27 years service
| | Aged 52 with 27 years service
| |
| pay in lieu of notice (14 weeks) | 28
| 11,931.64 | 1 weeks pay/year <41
| 16 | 6,818.08
|
| social security payment |
| 7,003.87 | 1.5 weeks pay/week for aged >41
| 16.5 | 7,031.15
|
| special payment |
| 156.46 | pay in lieu of notice—max 12 weeks
| 12 | 4,397.64
|
| |
| | special payment—13 weeks
| 0 | 3,120.00
|
| |
| | special payment—39 weeks
| 39 | 16,619.07
|
| Total separation pay and costs |
| 19,091.97 | Total separation payment—weeks pay and costs
| | 37,985.94
|
| |
| | Immediate Pension (employee receives per year)
| | 9,637.71
|
| |
| | Total cost to the Company (including Pension costs)
| | 91,425.94
|
| Aged 55 with 30 years service
| | Aged 55 with 30 years service
| |
| pay in lieu of notice (14 weeks) | 28
| 11,931.64 | 1 weeks pay/year <41
| 16 | 6,818.08
|
| social security payment |
| 7,003.00 | 1.5 weeks pay/week for aged >41
| 21 | 8,948.73
|
| special payment |
| 156.46 | pay in lieu of notice—max 12 weeks
| 12 | 4,397.64
|
| |
| | special payment—13 weeks
| 7.3 | 3,120.00
|
| |
| | special payment—39 weeks
| 39 | 16,619.07
|
| Total separation pay and costs |
| 19,091.10 | Total separation payment—weeks pay and costs
| | 39,903.52
|
| |
| | Immediate Pension (employee receives per year)
| | 10,728.77
|
| |
| | Total cost to the Company (including Pension costs)
| | 84,118.52
|
|
