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[]
[null,null,"University of Sussex Targeted Voluntary Severance Scheme 2021"]
[]
[null,null,"Estimate Your Voluntary Severance Pay"]
[]
[null,null,"Under the terms of the University of Sussex Targeted Voluntary Severance Scheme 2021, all eligible employees who are successful in their application for voluntary severance would receive a payment based on the following criteria:"]
[{"$nulls":3},"i. The Targeted Voluntary Severance payment will be based on the calculation of 2.75 weeks’ pay for each full year of service with the University of Sussex;\nii. Payments made under this scheme will be based on actual basic contractual pay at the point that the severance is agreed. This will exclude any other additional payments that may be made;\niii. The minimum Voluntary Severance payment will be 6 weeks contractual pay (pro rata for part-time staff, based on actual pay); \niv. Maximum service which may be taken into account under this scheme will be 22 years;\nv. The maximum number of weeks payable under this scheme will be 60.5 weeks;\nvi. The maximum amount for any Voluntary Severance payment will be capped at £99,000;\nvii. Weekly pay is calculated as annual basic contractual salary divided by 52.14.\n"]
[]
[null,null,"The following employees would not normally be allowed to leave under this policy:"]
[{"$nulls":3},"◦ those individuals who work outside of the targeted areas;"]
[{"$nulls":3},"◦ those individuals identified as critical to delivering operational requirements;"]
[{"$nulls":3},"◦ where an employee is already serving notice to leave for whatever reason;"]
[{"$nulls":3},"◦ where the number or combination of applicants will adversely affect the School/Division or wider University functions;"]
[{"$nulls":3},"◦ members of the University’s Executive Group or the University Leadership Team;"]
[{"$nulls":3},"◦ Staff who have resigned or who have declared in writing an intention to retire at any point after 1 Jan 2021."]
[]
[null,null,"Application to this scheme and benefits to be paid will require the approval of a specially convened panel chaired by the Vice-Chancellor or nominee which will consider applications in light of the University’s operational, business and strategic requirements. The decision to allow applications is at the discretion of the panel. Applications may or may not be approved and the panel decision will be final.  Voluntary Severance is paid wholly at the discretion of the University and there is no contractual right for an employee to receive a Voluntary Severance payment at any time."]
[]
[]
[null,null,"To calculate your Voluntary Severance Pay under this scheme, please enter the following details:"]
[]
[null,null,"What is your date of birth?"]
[{"$nulls":6},"January"]
[{"$nulls":6},"February"]
[{"$nulls":6},"March"]
[{"$nulls":6},"April"]
[{"$nulls":6},"May "]
[{"$nulls":6},"June"]
[{"$nulls":6},"July"]
[{"$nulls":6},"August"]
[{"$nulls":6},"September"]
[{"$nulls":6},"October"]
[{"$nulls":6},"November"]
[{"$nulls":6},"December"]
[{"$nulls":6},0]
[{"$nulls":3},"Day",null,"Month",null,"Year"]
[{"$nulls":6},0]
[null,null,"What date did you join the University? (for those employees with multiple contracts, this date is your continuous service date and is shown on Sussex Direct under Your Job)"]
[{"$nulls":3},"Day",null,"Month",null,"Year"]
[{"$nulls":6},0]
[null,null,"What date do you propose to leave the University? (It is anticipated that most individuals leaving under this scheme would do so by 31 July 2022. You leaving date would need to be approved by the University.)"]
[{"$nulls":3},"Day",null,"Month",null,"Year"]
[]
[null,null,"As at 1 September 2021, what is your actual basic annual salary? \n(Excluding allowances, pro rata for part time staff)"]
[]
[]
[null,null,"Based on the answers you have provided, your estimated payment under the University of Sussex Targeted Voluntary Severance Scheme 2021 is:"]
[{"$nulls":11},{"$f":"Calculator!AP6","v":{"$error":"#N/A"}}]
[]
[null,null,"Payments made under any Voluntary Severance Scheme will be made in line with the HM Revenue and Customs guidance applicable at the time of the payment. Currently non-contractual severance payments of up to £30,000 may be paid without deductions for tax or National Insurance, assuming Post-Employment Notice Pay requirements are met. Any individual tax liability issues will be the responsibility of the employee. Any equivalent salary paid in respect of any period of unworked notice and/or accrued outstanding holiday paid is subject to income tax and National Insurance contributions in full."]
[null,null,"You should be aware that this ready reckoner is provided for guidance only. The University will not be keeping a record of who chooses to use this spreadsheet or the data input."]
[null,null,"This scheme is entirely voluntary, staff should consider the impact that this may have on any future application for state benefits."]
[null,null,"This calculator only provides an estimate of voluntary severance pay and any outputs are not binding on the University. The University accepts no liability for the outputs and accepts no responsibility for the actions individuals may take as a result of using this ready reckoner. Any decisions should not be based solely on the outputs of this ready reckoner. On receipt of applications an estimate will be provided. A definitive amount can only be calculated once a last day of service is confirmed."]
[]
[]
[null,null,"For comparison purposes only, under a voluntary redundancy scheme your payment would likely be:",{"$nulls":8},{"$f":"Calculator!BE6","v":{"$error":"#N/A"}}]
[]
[null,null,"For comparison purposes only, under the terms of the statutory redundancy scheme your payment would be:",{"$nulls":8},{"$f":"Calculator!AA6","v":{"$error":"#N/A"}}]
[]
[]
[null,"end of the document"]

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[null,"Voluntary Severance Calculation:"]
[]
[null,"6.2.1 The Voluntary Severance payment will be based on the following criteria:"]
[null,"i) Payments made under this scheme will be based on actual basic contractual pay at the point that the severance is agreed. This will exclude any other additional payments that may be made."]
[null,"ii) The minimum VS payment will be four weeks contractual pay (pro rata for part-time staff – based on actual pay);"]
[null,"iii) VS pay will be based on contractual pay but using the statutory methodology for service along with a local UoS multiplier of 2.25"]
[null,"iv) maximum service which may be taken into account under this scheme will be 22 years"]
[null,"v) the maximum number of weeks payable under this scheme will be 49.5 weeks"]
[null,"vi) the maximum payment for any VS payment will be capped at £95,000."]
[null,"Weekly pay is calculated as annual basic contractual salary divided by",52.14]
[]
[null,"actual basic contractual pay"]
[null,"The minimum VS payment will be ",6,"weeks contractual pay "]
[null,"VS pay will be based on contractual pay but using the statutory methodology for service along with a local UoS multiplier of ",2.75]
[null,"iv) maximum service which may be taken into account under this scheme will be ",22,"years"]
[null,"v) the maximum number of weeks payable under this scheme will be ",60.5,"weeks"]
[null,"vi) the maximum payment for any VS payment will be capped at",{"v":99000,"d":"£99,000"}]
[]
[null,"CR Base Data"]
[null,"Weekly Earnings Cap limit",{"v":544,"d":"£544"}]
[null,"Annual Earnings Cap",{"$f":"C23*52","v":{"v":28288,"d":"£28,288"}}]
[null,"Monthly Earnings Cap",{"$f":"C24/12","v":{"v":2357.33333333333,"d":"£2,357"}}]
[]
[null,"CR Length of Service Cap",20,"Weeks"]
[]
[]
[null,"Voluntary Redundancy Calculation:"]
[]
[null,"6.2.1 The Voluntary redundancy payment will be based on the following criteria:"]
[null,"i) Payments made under this scheme will be based on actual basic contractual pay at the point that the redundancy is agreed. This will exclude any other additional payments that may be made."]
[null,"ii) The minimum VR payment will be two weeks contractual pay (pro rata for part-time staff – based on actual pay);"]
[null,"iii) VR pay will be based on contractual pay but using the statutory methodology for service along with a local UoS multiplier of 1.75"]
[null,"iv) maximum service which may be taken into account under this scheme will be 22 years"]
[null,"v) the maximum number of weeks payable under this scheme will be 38.5 weeks"]
[null,"vi) the maximum payment for any VS payment will be capped at £80,000."]
[null,"Weekly pay is calculated as annual basic contractual salary divided by",52.14]
[]
[null,"actual basic contractual pay"]
[null,"The minimum VR payment will be ",2,"weeks contractual pay "]
[null,"VR pay will be based on contractual pay but using the statutory methodology for service along with a local UoS multiplier of ",1.75]
[null,"iv) maximum service which may be taken into account under this scheme will be ",22,"years"]
[null,"v) the maximum number of weeks payable under this scheme will be ",38.5,"weeks"]
[null,"vi) the maximum payment for any VS payment will be capped at",{"v":80000,"d":"£80,000"}]

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[]
["Wage Cap"]
[525]

{"sheet":"Data Validation","index":5,"n_rows":126,"n_cols":5,"rows_kept":126,"hidden":true}
["Data Validation"]
[]
[null,"Date","Month",null,"Year"]
[null,1,"January",1,2022]
[null,2,"February",2,2021]
[null,3,"March",3,2020]
[null,4,"April",4,2019]
[null,5,"May",5,2018]
[null,6,"June",6,2017]
[null,7,"July",7,2016]
[null,8,"August",8,2015]
[null,9,"September",9,2014]
[null,10,"October",10,2013]
[null,11,"November",11,2012]
[null,12,"December",12,2011]
[null,13,null,null,2010]
[null,14,null,null,2009]
[null,15,null,null,2008]
[null,16,null,null,2007]
[null,17,null,null,2006]
[null,18,null,null,2005]
[null,19,null,null,2004]
[null,20,null,null,2003]
[null,21,null,null,2002]
[null,22,null,null,2001]
[null,23,null,null,2000]
[null,24,null,null,1999]
[null,25,null,null,1998]
[null,26,null,null,1997]
[null,27,null,null,1996]
[null,28,null,null,1995]
[null,29,null,null,1994]
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[{"$nulls":4},1990]
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