7. Review of Market Supplements
The Strategic Lead for Organisational Development and Transformation will maintain a database of all market supplements that are approved and will ensure that these are reviewed annually by the Strategic Management Team.
A review will also be carried out when an individual leaves a post that has attracted a market supplement, in order to assess the need to advertise the vacancy with a market supplement in the current labour market. Where such a review leads to a decision to withdraw the market supplement, this will apply with immediate effect to vacant posts. Existing employees still in receipt of a market supplement will continue to be paid until the end of the guaranteed period and thereafter, it will be withdrawn.
Further reviews will be carried out whenever a post is re-evaluated through the job evaluation process.
If a review results in a decision that the market supplement is no longer justified, it will be withdrawn. In these circumstances, three months’ written notice will be given that the market supplement is being withdrawn.