Home  / SZ/CSA/166/7 - [Letter, SZ to L. Petch, 13/6/67]

SZ/CSA/166/7 - [Letter, SZ to L. Petch, 13/6/67]

Reference code
SZ/CSA/166/7
Level of description
Item
Title
[Letter, SZ to L. Petch, 13/6/67]
Date/s
1967
Quantity & Format
1 leaf Letters (typescript)
Personal name
Behrens, Michael.
Subject
Options (Finance)
Creator
Zuckerman, Solly, 1904-1993
Creator
Petch, Louis,
Administrative/Biographical history
recipient
Scope and content
SZ wishes to have discussions concerning a Revenue rule which hinders staff. SZ proposes that there be a cut from 20 to 10 years in the minimum period of service required to get full pension. SZ refers to the cases mentioned by Behrens in [SZ/CSA/166/1] where well qualified men are needed to change jobs in order to rescue a company. He asks whether stock options could be allowed as rewards for these men who leave their established and well-paid jobs.
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