Short-term layoff definition

Short-term layoff is a layoff of three (3) weeks or less or which relates to a model year changeover at a customer facility. “Skilled Trades Seniority” shall be determined based on an employee’s date of entry in that skilled trade classification. STATEMENT OF PRINCIPLES AND INTENT Magna International Inc. and CAW recognize that dramatic changes in the automotive industry have created new quality, productivity and competitive challenges for the automotive component supplier. Both Magna and the CAW know these challenges will be met more effectively through a relationship that is more positive, cooperative and committed to the values expressed in Magna’s Employee’s Charter and Corporate Constitution and the CAW Constitution. These principles include: • increased job security • a safe and healthful workplace • fair treatment for all employees • competitive wages and benefits • employee equity and profit participation • consistent sharing of information and communication • participatory democracy • joint commitment to continuous improvement of quality, productivity and overall competitiveness • joint commitment to balancing the interests of customers, shareholders, workers and society Consistent with these principles, the CAW and Magna will work together to ensure that they provide a fulfilling working environment where employees maintain their dignity and self respect and where they participate in the decision making process that affects their lives. Employees’ influence will be voiced through an open door process that provides them with open access to management to express their views and concerns about the business and terms and conditions of employment, as well as providing a problem-solving system that ensures fairness and the fastest possible resolution of concerns. Fundamental to this principle of employee participation, is the responsibility of each Employee to take ownership for pursuing the resolution of any concern they may have through the Concern Resolution Process set out in this Agreement. A commitment to mutual trust and openness will also include sharing of information, with disclosure of publicly available and/or locally disclosed business and financial information. Access to information with a corresponding dedication to the development of every employee by increasing skills and knowledge will produce individuals who take an active role in, and have responsibility for, providing “a better product for a better price”. The involvement of employees by taking owne...
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Short-term layoff shall be defined as a planned and scheduled layoff of 5 or less working days for 8 hour shift employees, or 3 or less working days for 12 hour shift employees. Short Term Layoffs shall be by job affected. The senior employees in affected jobs shall have the right to elect to be subject to Short Term Layoff prior to less senior employees in the affected jobs. Where an employee has been subject to 5 days of Short Term Layoff in any suc- cessive six month calendar period (January-June, or July-December) then this clause shall not apply to the employee who, instead, shall be subject to 9.10 (b).
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Short-term layoff is a layoff of three (3) weeks or less or which relates to a model year changeover at a customer facility.
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Related to Short-term layoff

  • Short Term Loan means a loan transfer for a period of no fewer than 28 days in any one season.

  • Short-term employee A person who is employed to perform a service for the District, upon the completion of which the service required or similar services will not be extended or needed on a continuing basis. (Short-term employees include: hourly, casual and temporary classified employees.)

  • Short-term suspension means any disciplinary action whereby a student is not permitted to attend school for a period not to exceed ten school days.

  • Short Term means a period of one or less than one (1) year;

  • Short-term rental means the provision of a room or space that is suitable or intended for occupancy for dwelling, sleeping, or lodging purposes, for a period of fewer than 30 consecutive days, in exchange for a charge for the occupancy.

  • Short-term acute care facility means a facility or Hospital that provides care to people with medical needs requiring short-term Hospital stay in an acute or critical setting such as for recovery following a surgery, care following sudden Sickness, Injury, or flare-up of a chronic Sickness.

  • Short-Term Resource Procurement Target means, for Delivery Years through May 31, 2018, as to the PJM Region, for purposes of the Base Residual Auction, 2.5% of the PJM Region Reliability Requirement determined for such Base Residual Auction, for purposes of the First Incremental Auction, 2% of the of the PJM Region Reliability Requirement as calculated at the time of the Base Residual Auction; and, for purposes of the Second Incremental Auction, 1.5% of the of the PJM Region Reliability Requirement as calculated at the time of the Base Residual Auction; and, as to any Zone, an allocation of the PJM Region Short-Term Resource Procurement Target based on the Preliminary Zonal Forecast Peak Load, reduced by the amount of load served under the FRR Alternative. For any LDA, the LDA Short-Term Resource Procurement Target shall be the sum of the Short-Term Resource Procurement Targets of all Zones in the LDA.

  • Support Terms means the detailed description of the applicable Support Services as specified at xxxxx://xxx.xxx.xxx/corp/legal/.

  • Section 409A means Section 409A of the Code and the regulations and other guidance promulgated thereunder.

  • Federal short-term rate means the rate of the average market yield on outstanding marketable obligations of the United States with remaining periods to maturity of three years or less, as determined under section 1274 of the Internal Revenue Code, for July of the current year.

  • Rule 15c2-12 means Rule 15c2-12 under the Securities Exchange Act of 1934, as amended through the date of this Undertaking, including any official interpretations thereof.

  • Section 409A Limit means the lesser of two (2) times: (i) Executive’s annualized compensation based upon the annual rate of pay paid to Executive during the Company’s taxable year preceding the Company’s taxable year of Executive’s termination of employment as determined under Treasury Regulation 1.409A-1(b)(9)(iii)(A)(1) and any Internal Revenue Service guidance issued with respect thereto; or (ii) the maximum amount that may be taken into account under a qualified plan pursuant to Section 401(a)(17) of the Code for the year in which Executive’s employment is terminated.