
In an email to RT staff this evening, RT Director General stated as follows:
Dear colleagues,
RT 's VEP 2025 is now closed. I can confirm that we received a total of 325 applications.
As you know, this VEP comprises a Voluntary Severance (VS) and Voluntary Early Retirement (VER) scheme and was open to employees who will have completed at least two years' continuous service on the date their employment ceases.
Applications will be approved only where a robust business case is made, and it is confirmed that the role can be suppressed or that equivalent savings can be made by suppressing an alternative post and/or redeploying an employee into that role.
Applicants can choose to accept or decline an offer of VS or VER.
Where decisions are straightforward and approved by RT 's Leadership Team and the RT Board's Remuneration and Management Committee, we will make every effort to allow these people leave the organisation as early as is practical, without unduly impacting our operations.
All applications will go through a five-stage review process throughout the coming months, as previously outlined, with final decisions on all applications being made by the Leadership Team and final oversight by the RT Board's Remuneration and Management Committee.
Review of applications has already commenced.
While there may be exceptions, communication of final decisions will commence from 1st September, with exits of successful applicants taking place on 31st October, 30th November and 31st December.
Thanks,
Kevin
KEVIN BAKHURST
DIRECTOR-GENERAL
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