Issue - meetings
Market Forces Policy
Meeting: 03/03/2020 - Cabinet (Resources) Panel (Item 7)
7 Market Forces Policy 
PDF 136 KB
[To review the human resources policy to regularise the position regarding the application of market forces supplements]
Additional documents:
- Appendix 1: Market Forces Policy, item 7
PDF 409 KB
- Appendix to the MFP - Market Forces Supplement Request Form, item 7
PDF 429 KB
- Appendix to the MFP - Variation to Main Terms and Conditions of Employment - MFP, item 7
PDF 344 KB
Decision:
That the revised Market Forces Supplement Policy be approved.
Minutes:
Councillor Louise Miles presented for approval a revised markets forces supplement policy. Following a review of the current policy and existing arrangements, a number of amendments had been consulted on with the Joint Consultative Panel and recognised trade union. It was proposed to increase the duration of market forces supplements from 12 months to a maximum of three years. All market force supplements would remain subject to Pay Strategy Board approval to ensure that the duration of supplements could be objectively justified.
Resolved:
That the revised Market Forces Supplement Policy be approved.