05 August, 2008

£1.6 million payoffs for "Team Livingstone"

Wow.

It seems that Ken Livingstone repaid the decades of loyalty displayed by his team of closest advisers by changing their employment contracts a little while before the election. Their fixed term contracts were amended to include a very generous payoff if Livingstone lost the election.

He lost, they now get a total of £1,600,000.

UPDATE:

Slap wrist to me! It seems that it was central government that changed the rules on employment contracts rather than Livingstone himself.

2 comments:

Jimmy said...

After two years on fixed contracts most employees would be entitled to redundancy. I do not see why employees of the GLA would not be subject to the same rules as any other employee in this country.

However, I do not understand why Boris chose to pay they significantly more than the statutory redundancy pay, or whatever employees of the GLA can generally expect to get, rather than more than a year's salary.

The principle of rights for contract workers is good, the execution in this situation is wrong. If it was Ken who changed their contracts to give them significantly more money if he lost the election, then he should be sued by the GLA for signing contracts that were clearly not in the interests of Londoners.

Tony Sharp said...

The end of an agreed fixed term contract does not signal redundancy.

Each time one of my contracts with a client ends I am not being made redundant, I am merely completing the agreed scope of work and moving on.

This decision has to be investigated and the taxpayers must not be forced to pay out money as pats on the back for Livingstone's mates.