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Mitsubishi Workers to Vote on Redundancy Package

Mitsubishi workers will vote on a redundancy package in the countdown to the closure of the company's car manufacturing operations in Adelaide and the loss of almost 1,000 jobs.

If they accept the package, they will leave at the end of March with a seven-week lump sum payment plus four-and-a-half weeks' pay for every year of service to a maximum of 102 weeks.

They also will receive an extra week of pay for every year of service, uncapped, as a loyalty payment, all leave and long-service leave entitlements and be paid for up to 25 days of sick leave.

Australian Manufacturing Workers Union (AMWU) state secretary John Camillo said the package negotiated with the company was better than the one provided to workers made redundant when Mitsubishi closed its Lonsdale engine plant in Adelaide in 2005.

He said he was optimistic the workers would approve the deal.

"I feel very confident that they will endorse the package and then just get on with their lives," he said.

Mitsubishi announced earlier this month its plans to close its assembly operations, blaming the shrinkage of the large car market in Australia and accumulated losses of more than $1.5 billion over the past 10 years.


Mitsubishi Workers to Vote on Redundancy Package
Victoria AU
, , Victoria,

Link:: http://www.motoringdirectory.com.au