CBI proposes alternative to redundancy scheme

Employers could avoid losing skilled workers through lay-offs if the government backs an alternative to redundancy (ATR) scheme proposed by the CBI.

Under the proposals, employers could offer workers a six-month delay to redundancy. During this time, employees would not work but would receive an ATR allowance worth twice the rate of jobseeker’s allowance. Half would be paid by the employer and half paid by the government.