“In 2015 and 2014 offered Statoil early retirement (severance pay) to a defined group of workers over 58 years of age,” the company said in the notes to the financial statements published recently, according to Dagens Næringsliv.
It appears that early retirement packages have cost the company 1.4 and 1.6 billion in the two years. The packages are part of the group’s effort to reduce headcount by one-fifth to around 21,000 by the end of the year.
– We have a need for restructuring. The objective is for us to implement it as far as possible by voluntary means. We see that many of those taking early retirement will take other work. It’s not like that all goes out of the workplace, says information director Bård Glad Pedersen, Statoil.
Those who accept the offer of early retirement receive 66 percent of the pensionable salary until they are 67. Then they must take out National Insurance, pension and occupational pensions. Statoil covering the difference up to 66 percent. (© NTB)
No comments:
Post a Comment