Read this: Ariel - BBC brings in redundancy cap for all
Summary: 3 September 2013 Last updated at 1404 Redundancy payments for all staff will be capped at 150,000 from next month. Employees will be entitled to redundancy of one month's pay for each year of service up to a maximum of 24 months' salary or 12 for those who joined after January 1 2013 or 150,000 - whichever is lower. The BBC had previously proposed to limit accrual to 12 years' service and to freeze it for those who had been at the BBC longer than 12 years. - bbc.co.uk
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