Distribution network operator DEDDIE/HEDNO’s board has decided to offer employees aged 60 and above a voluntary exit package this year that includes bonus compensation pay of 20,000 euros.
This bonus sum will be offered to exiting staff members as long as certain prerequisites are met, in addition to a maximum amount of 15,000 euros required by law.
DEDDIE/HEDNO staff eligible for the bonus compensation amount will need to be aged 61 or over and have acquired pension rights; turn 60 years of age within 2023 and have acquired pension rights; or be aged 67 and backed by at least 15 years of employment at either DEDDIE/HEDNO or its parent company, power utility PPC.
Employees belonging to the first of these three categories will receive a bonus compensation amount of 20,000 euros if they voluntarily resign by July 31, 2023. As for the second and third categories, workers will receive the bonus compensation amount if they exit the company by December 31, 2023.
DEDDIE/HEDNO plans to soon begin procedures to recruit 1,400 new employees by June, the company’s chief executive, Anastasios Manos, has informed.
The employee renewal program is needed as the operator has undertaken network development projects for the coming years to support the country’s RES objectives, Manos has explained.
Just one staff renewal program has been carried out by DEDDIE/HEDNO between 2012 and 2019, which has resulted in 158 hirings but remains unfinished, the chief executive said.