Kodak workers accept package

A mass meeting of 600 Kodak workers last week voted to accept 
the revised redundancy deal negotiated by their unions and the 
company.

Kodak announced three weeks ago its intention to close the 
manufacturing arm of the Coburg site at the end of November, 
resulting in massive job losses.

Since then, the three unions representing the workers on site, 
including the NUW, AMWU an LHMU have been working hard to ensure 
the workers got the best redundancy package possible. The company 
was unwilling to discuss any possibility of staying on.

The main points of the redundancy package are as follows:

* 15 weeks redundancy payment on termination;

* 3.5 weeks/year of service for the first five years;

* 4 weeks/year of service from six years onwards;

* Productivity and attendance bonus of up to one week's pay;

* $1500 fixed lump-sum payment;

* Payment of all accrued sick leave;

* Payment of all accrued long service leave (pro-rata after one 
year's service);

* Additional lump sum payment for those with 25 years service or 
more, totalling from $2000 to a maximum of $15,000.

The unions' efforts will now turn to finding jobs for the 
redundant workers.