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U.E.B. workers’ pay-off

Redundancy payments — higher than required by regulations — have been paid to the 245 staff who recently lost their jobs at the U.E.B. Industries spinning mill in Christchurch. The company agreed to pay four weeks pay up to the first year of employment, and two weeks pay for each subsequent year.

A further six weeks pay in lieu of notice went to each worker, and another six weeks pay for job search within the environment of high unemployment in Christchurch. The company was required to give four weeks pay after the first year’s employment and two weeks pay for each subsequent year.

The secretary of the Woollen Workers' Union sub-branch and a former employee at the closed mill, Mr Graeme Young, said that the company could have sold the mill, and jobs would still be there. “The redundancy deal is a poor compensation for the loss of our jobs,” he said.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19860903.2.51

Bibliographic details

Press, 3 September 1986, Page 6

Word Count
153

U.E.B. workers’ pay-off Press, 3 September 1986, Page 6

U.E.B. workers’ pay-off Press, 3 September 1986, Page 6