Details have emerged of Allen & Overy's (A&O's) redundancy programme, with staff learning about the criteria they will be judged on as well as the redundancy packages on offer. The firm has drawn up a list of seven criteria which staff will be subject to, which are: individual performance, business, sickness, disciplinary record, versatility, contribution and potential.Details of the criteria were finalised last Thursday (12 March) after consultation with the firm's 13 employee representatives.A&O has also finalised details of the redundancy packages it will be paying out to associates. Associate salaries will continue up until the end of May, with the firm paying individuals up to three and a half weeks per completed year of service up to a maximum lump sum of 52 weeks.
March 16, 2009 at 12:06 PM
1 minute read
The original version of this story was published on Legalweek
Details have emerged of Allen & Overy’s (A&O’s) redundancy programme, with staff learning about the criteria they will be judged on as well as the redundancy packages on offer.
The firm has drawn up a list of seven criteria which staff will be subject to, which are: individual performance, business, sickness, disciplinary record, versatility, contribution and potential.
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