Policy News Journal - 2013-14

across the sector and said that measures to support a coherent, national pay structure for college staff should be put in place as soon as possible.

An amendment to the Bill in its final hearing would support the mechanism allowing this to happen. The Stage 3 debate will be held in the Scottish Parliament before the end of the month.

Mr Russell said:

“College staff perform a vital role in helping young people into employment through their inspiration, support and guidance. As such, they play a key role in our economic development, helping young people into jobs, and ensuring our employers get the skills they need. “I have long made clear my commitment to national pay bargaining in our colleges, and I have put in place a team to help with the necessary work. Chair of Edinburgh College, Ian McKay, is leading this effort, liaising with regional college leads. The EIS, at whose conference I am speaking this weekend is a central partner in those discussions, which also involve other unions, the Scottish Funding Council and Colleges Scotland. “Stage 3 of the Post 16 Education Bill takes place later this month. This is the right vehicle to put in place mechanisms to underpin that process. While we are still at an early stage, and further discussions lie ahead, I hope this move will receive widespread support among unions and college staff themselves.”

REVISED CODE OF PRACTICE ON SETTLEMENT AGREEMENTS PUBLISHED

13 June 2013

ACAS has published its response to the consultation on its settlement agreements code of practice, which contains the final version of the Code of Settlement Agreements.

ACAS launched its public consultation on the draft settlement agreements Code of Practice on 12 February 2013. The consultation was seeking the public’s views on a new draft Code designed to support new legal provisions on the admissibility of settlement agreement discussions in unfair dismissal cases. It also sought answers to fifteen specific questions relating to the sort of issues the Code should cover. The ACAS Council has now had a chance to reflect on comments received and has produced a revised final version of the draft Code of Practice on Settlement Agreements which was sent to the Minister on 8 May 2013.

You can read the full document on the ACAS website

EXECUTIVE PAY REGULATIONS

8 July 2013

Major changes relating to executive pay are being introduced from 1 October 2013.

Under the new legislation , UK incorporated companies must seek binding shareholder approval for their executive pay policy and will only be able to make payments to directors in accordance with that policy once it is approved.

Additionally, companies must publish a remuneration report which sets out the executive pay policy and discloses the amount each director has been paid.

CIPP Policy News Journal

16/04/2014, Page 79 of 519

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