My boss, the Chief Engineer, was heavily invested in the waste burning project. My council workload was becoming a problem for him. He came to discuss the situation with me, saying he was finding that when he needed to discuss work with me I was not around. Could we come to an arrangement whereby my council business would be confined to specific days of the week? I should point out that, up to this point, the company had been extremely generous in allowing me time off with pay for these duties, subject to my returning the council attendance allowance to them.
A subsequent meeting with the Site Director resulted in the suggestion that a voluntary redundancy package could be put together should I wish to leave. For me the suggestion was welcome, provided the terms were right. It would enable me to embark on my preferred career as a writer and/or politician. When the terms were put to me, they were indeed generous. A tax free lump sum, roughly equivalent to two years salary. In addition, my qualifying service for my future pension would be increased from 18 to 20 years and the pension would be paid from age 60, not 65.
Coincidentally, the company’s pension had been a subject I had addressed in an article for the Senior Staff Association magazine a few years before. A number of the members were exercised about what seemed like inadequate communication between the executive and the membership. I and one of the Chemists from the R&D department in Coventry had, independently of each other, proposed that a members’ newsletter or magazine was needed. “Why don’t the pair of you get together and produce it?” was the challenging response, and we did.
There was a general feeling that Courtaulds’ staff pension scheme did not measure up to those offered by the civil service and other “blue chip” companies. I investigated and concluded that our scheme was – I think my words were – “disappointingly average,” backing that conclusion with data gleaned from various sources. You could call it my first piece of investigative journalism! The basic principle of all such schemes, based on rules established by the tax authorities because the contributions were tax exempt, was that the pension earned by the combined contributions of employer and employee, extending over 40 years, should not exceed 2/3 of your final salary.
More than 30 years later, now that I have been in receipt of a pension from the scheme for 17 years, I have to say I am grateful to have been a member whilst I was an employee.
To her credit Freda supported my decision to leave my safe, secure job. Ian was now well settled in his position as a student nurse, living in Lincoln and making new friends. It would not be easy living on the meagre attendance allowance and Freda’s salary from the Spastics’ Society, but the lump sum redundancy payment would yield some income if wisely invested and I hoped to be able to generate some additional income from writing.
I left Courtaulds shortly before my 45th birthday in November 1986. One of the first things I bought on the strength of my severance package was a Word Processor. Since the early 1980s I had had access to an Apple 2 desk top computer at work and, more recently, this had been replaced by a Hewlett Packard PC which was networked with new HP mainframe computers.
The Amstrad Word Processor came in two versions – the basic 256 kb machine with one built-in floppy disc drive and the larger 512 kb machine with two disc slots. I opted for the 512. The main advantage of this being that you did not have to keep swapping discs. To explain that properly, it is necessary to realise that neither 256 nor 512 kb of on-board memory allowed for any software to be permanently installed. You used one disc to load the software, then saved the files you created to a separate floppy disc. This was infinitely easier with two discs than with one.
I had become quite accomplished at using Lotus 123 spreadsheets for work so my colleagues purchased, as their leaving gift for me, a spreadsheet programme that would run on the Amstrad. Because of the limited on-board memory you had to create your spreadsheet from scratch, defining how many columns and lines you would need. A long way from the seemingly infinite number of columns, lines and sheets that can be utilised on present day spreadsheets!