- Under the proposals if the worker accepts the deal it will become legally protected so it cannot be used later as evidence in any court case or tribunal.
- Officials insist the move is fair to employees as they are not obliged to take the package and also incentivises bosses to offer a good package, which can include a binding promise of a favourable reference.
- Mr Cable will also consult on plans to change the limit on unfair dismissal payouts to a maximum of 12 months' salary or set it at an even lower figure.
- He wants to reduce the current £72,300 cap significantly in the hope of encouraging small businesses to start hiring more staff.
More top news
Adam Johnson has been sacked by Sunderland, the club said in a statement.
The final protesters have left a wildlife refuge in Oregon after a 40-day occupation hitting out at the US government.
Temperatures tumbling overnight, even more so than the night before.