Staff Presentation 25 November
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Staff Presentation 25 th November David Melvin Operations Director
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Cordia staff presentation giving company update. Held in Blair Court, Thursday 25 November 2009.
Transcript of Staff Presentation 25 November
Staff Presentation25th November
David Melvin
Operations Director
www.cordia.co.uk
Agenda
• Council’s and Cordia’s voluntary redundancy proposals
• Cordia’s financial position, year to date• Budget options for 2010/2011• Attendance management strategy• Office rationalisation• New Business
– Concert Hall, Fruit Market, City Halls– Stairlift - EquipU
www.cordia.co.uk
Council’s Voluntary Redundancy
PackagePHASE 1 - 1st December 2009 – 31st March 2010
Early Leavers Under 50 or Over 50 with No Pensionable Service
Years Service Redundancy Weeks
2 or more years up to 30 years Ranges from 2 weeks to 66 weeks
Early Leavers Over 50 with More Than 5 Years Pensionable Service
Years Service Redundancy Weeks Added Years
2 or more years up to 21+ years
Ranges from 3 weeks to 30 weeks
Ranges from 0 to 6 and 2/3 added years
PHASE 2 - From 1st April 2010
Early Leavers Under 50 or Over 50 with No Pensionable Service
Years Service Redundancy Weeks
2 or more years up to 30 years Ranges from 2 weeks to 66 weeks
Early Leavers Over 50 with More Than 5 Years Pensionable Service
Years Service Redundancy Weeks Added Years
2 or more years up to 21+ years
Ranges from 3 weeks to 30 weeks
Ranges from 0 to 4 added years
www.cordia.co.uk
Cordia’s Voluntary Redundancy
PackagePHASE 1 – 1st December 2009 – 31st March 2010
Early Leavers Under 50 or Over 50 with No Pensionable Service
Years Service Redundancy Weeks
2 or more years up to 30 years Ranges from 2 weeks to 66 weeks
Early Leavers Over 50 with More Than 5 Years Pensionable Service
Years Service Redundancy Weeks Added Years
2 or more years up to 21+ years
Ranges from 3 weeks to 30 weeks
Ranges from 0 to 6 and 2/3 added years
PHASE 2 – From 1st April 2010
Early Leavers Under 50 or Over 50 with No Pensionable Service
Years Service Redundancy Weeks
2 or more years up to 30 years Ranges from 2 weeks to 66 weeks
Early Leavers Over 50 with More Than 5 Years Pensionable Service
Years Service Redundancy Weeks Added Years
2 or more years up to 21+ years
Ranges from 3 weeks to 30 weeks *(based on Statutory Redundancy Weeks)
Ranges from 0 to 4 added years
www.cordia.co.uk
Outturn Projection Based on Figures at Period 8 – 9th
October 2009 PERIOD 8 OUTTURN
CORDIA (SERVICES) LLPActual Budget Variance Actual Budget Variance
£000 £000 £000 £000 £000 £000
INCOME 77,262 75,635 1,628 150,020 146,204 3,816
EXPENDITURE
Payroll 81% 62,310 60,812 -1,498 119,307 115,485 -3,821
Property Costs 2% 1,182 1,060 -122 2,334 2,099 -235
Supplies and Services 11% 8,670 9,017 347 19,067 19,756 689
Transport 2% 1,911 2,031 120 3,828 3,896 69
Third Party Payments 0% 386 329 -57 761 574 -187
InterDept Allocs 0% 0 0 0 1 -0 -1
Central Charges/Fin Charges 3% 2,155 2,155 -0 4,061 4,061 1
Depreciation 0% 17 17 0 32 32 -0
Total Expenditure 99% 76,631 75,420 -1,211 149,390 145,904 -3,486
Net Profit / Loss 1% 631 214 417 630 300 330
Profit Distribution 32 32 0 0 0 0
Transfer to Reserves 599 182 417 630 300 330
www.cordia.co.uk
Total Budget Saving 2010 – 2011 - £3m
Service Reform 2010/11 Staff
Home Care Co-ordinators £600,000 60
School Kitchen Review £600,000 46
Attendance Management £400,000 -
Public Holiday Reform £375,000 -
TOTAL SERVICE REFORM £2,075,000 106
Service Efficiencies 2010/11 Staff
Blair Court Property Costs £81,000 -
Encore Staffing Review £66,000 1
Communication Review (phones) £130,000 -
Education Catering Efficiencies £110,000 -
TOTAL SERVICE EFFICIENCIES £387,000 1
www.cordia.co.uk
Total Budget Saving 2010 – 2011 - £3m
(continued)
New Business Profit Turnover
Encore £164,000 £2,950,000
EquipU £124,000 £2,100,000
LDC Training £100,000 £200,000
ICT £65,000 £145,000
TOTAL NEW BUSINESS £453,000 £5,395,000
TOTAL SAVING STAFF
SAVING £2,915,000 107
www.cordia.co.uk
Attendance Management Strategy
• Awareness campaign• Employee engagement• Communication• Attendance management team• Attendance management
procedures• Data management• Attendance recognition scheme
www.cordia.co.uk
Office Rationalisation
www.cordia.co.uk
New Business
• Stairlift Contract – EquipU– £2.1m turnover– 2 new staff– 1 January 2010
• Concert Hall, Fruit Market, City Halls– £2m turnover– 17 new staff, permanent– 100 temporary staff– 1st April 2010
