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Best and worse case of appointing a Joint Chief Executive.Assuming a Chief Executive annual salary with benefits of 120K to Dover District Council.
..........................................................Best Case.............................worst case...
Redundancy of Shepway Chief Exc..............0........................................................................................
Redundancy of Dover Chief Exc............................................................240,000.......................................
Executive Search.......................................25,000...................................50,000.....................................
Employment Law advice...............................3,000.....................................5,000.....................................
TOTAL COSTS ............................................28,000..................................295,000...................................
Net saving of 50%........................................72,000...................................72,000...................................
Payback Period in Years ....................................0.4.....................................4.1.....................................
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