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<p>The Government maintains that £95,000 is a significant amount of money for anyone
to be receiving for an exit, while the large majority of exit payments are already
significantly below the level of the cap. Voluntary redundancy and workforce restructuring
is not contingent upon access to six-figure exit payments. As such, we do not expect
the cap to have a widespread impact on the take-up of voluntary redundancy, and believe
the cap will enable public sector employers to retain the tools to effectively make
organisational changes to their workforce whilst offering those made redundant generous
provisions for loss of employment.</p><p> </p><p>The consultation on the public sector
exit payment cap ran from 31 July to 27 August 2015, and received over 4000 responses.
These responses included representations from public sector organisations. The Government
will publish draft regulations and invite comment on them in due course.</p>
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