Redundancy / Severance Sample Clauses

Redundancy / Severance. The provisions of this clause do not apply to casual employment or if the company engages15 employees or less. An employee’s job is considered to be redundant if the employer has made a definite decision that the job is no longer required and will not be done by any person due to operational requirements such as economic, structural or technical changes. The employer will consult with employees likely to be effected by a redundancy situation and where possible will attempt to obtain re-employment opportunities for affected employees. An employee who has received notice of termination due to redundancy may terminate their employment during the period of notice and shall be entitled to the same severance payment had they remained until the expiry of such notice. However, such employee shall not be entitled to payment in lieu of notice. The company shall provide employees with one (1) day’s notice of redundancy or pay in lieu of such notice. In addition to the period of notice prescribed above, an employee whose employment is terminated by reason of redundancy shall be entitled to severance pay in accordance with the following table: Completed Years of Service Entitlement 1 year or more but less than 2 years 2.4 weeks pay plus for all service in excess of 1 year, 1.75 hours pay per completed week of service up to a maximum of 4.8 weeks pay 2 years or more but less than 3 years 4.8 weeks pay plus, for all service in excess of 2 years, 1.6 hours pay per completed week of service up to a maximum of 7 weeks pay 3 years or more but less than 4 years 7 weeks pay plus, for all service in excess of 3 years, 0.73 hours pay per completed week of service up to a maximum of 8 weeks pay 4 years or more 8 weeks pay A week’s pay is defined as 38 hours at the employeesrate of pay as provided in this agreement without any allowances. The above Redundancy provisions do not apply in any of the following circumstances: • Where an incoming employer offers to continue the employment of the employee; • Where the Employer transfers the employee to a related company and ensures continuity of service; • Where employment is terminated as a consequence of conduct that justifies instant dismissal, including malingering, inefficiency, misconduct or neglect of duty, or in the case of casual employees, apprentices or trainees engaged for a specific period of time or for a specific task or tasks. The company may utilise funds it has paid into a redundancy trust fund to meet its obligation ...
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Redundancy / Severance. 9.1 Subject to sub-clauses (9.3) and (9.4) hereof, employees shall be entitled to a severance payment of $50.00 per completed week of service.
Redundancy / Severance a) Subject to Subclause (c) and (d) hereof, employees shall be entitled to a severance payment of $55.00 per completed week of service. This payment shall be increased to $60.00 per completed week of service from 1 July 2009.
Redundancy / Severance. 8.10.1 The provisions of this clause do not apply to casual employment or if the company engages15 Employees or less.
Redundancy / Severance. (a) Subject to sub-clauses (c) and (d) hereof, Employees shall be entitled to a severance payment of $55.00 per completed week of service.
Redundancy / Severance. 4.7.1 Definition Redundancy means the loss of employment due to the employer no longer requiring the job the employee has been doing to be performed by anyone, except where this is due to the ordinary and customary turnover of labour; or because of the insolvency or bankruptcy of the employer. Redundant has a corresponding meaning.
Redundancy / Severance. 10.1 An Employee’s job is considered to be redundant if the Company has made a definite decision that the job is no longer required and will not be done by any person due to operational requirements such as economic, structural or technical changes.
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Redundancy / Severance. 13.1 This clause shall apply to full-time and part-time daily hire Employees.
Redundancy / Severance. The company will commence contributions to ACIRT on behalf of each employee when he/she has completed 12 months continuous service. The contribution will be at the rate of $25 per week. Contributions will cease when the amount the company has paid into the individual employee's ACIRT account reaches the equivalent of 8 weeks pay. A week’s pay is defined as 38 hours pay without any allowances. No further payments will be made to an employee in the event of the employee’s position becoming redundant.
Redundancy / Severance. 33.1 Where the Company decides that the job an employee is doing or a number of employees are doing will no longer be done or no longer be done in the manner in which the work has traditionally been performed, and the decision may lead to termination of employment, the Company will as soon as practicable after that decision meet with the employee or employees concerned to discuss the following:
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