With another week of heavy financial services job losses in Edinburgh, the blow of unemployment to Standard Life employees will be cushioned by packages calculated on the length of service, existing final salaries and status.
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Generous Standard Life pay-offs set to cushion blow of redundancy
Life insurance giant Standard Life’s redundancy packages will be among the most generous in the UK – and substantially more than for the majority of public sector employees who face redundancy, it emerged last week.
