Common use of Amount of redundancy pay Clause in Contracts

Amount of redundancy pay. The amount of the redundancy pay equals the total amount payable to the employee for the redundancy pay period worked out using the following table at the employee's base rate of pay for his or her ordinary hours of work: Period of Continuous Service Severance Pay (weeks’ pay) Less than 1 year Nil At least 1 year but less than 2 years 4 weeks At least 2 years but less than 3 years 6 weeks At least 3 years but less than 4 years 7 weeks At least 4 years but less than 5 years 8 weeks At least 5 years but less than 6 years 10 weeks At least 6 years but less than 7 years 11 weeks At least 7 years but less than 8 years 13 weeks At least 8 years but less than 9 years 14 weeks 9 years or more 16 weeks

Amount of redundancy pay. The amount of the redundancy pay equals the total amount payable to the employee for the redundancy pay period worked out using the following table at the employee's base rate of pay for his or her ordinary hours of work: Period of Continuous Service Severance Pay (weeksWeeks’ pay) Less than 1 year Nil At least 1 year but less than 2 years 4 weeks At least 2 years but less than 3 years 6 weeks At least 3 years but less than 4 years 7 weeks At least 4 years but less than 5 years 8 weeks At least 5 years but less than 6 years 10 weeks At least 6 years but less than 7 years 11 weeks At least 7 years but less than 8 years 13 weeks At least 8 years but less than 9 years 14 weeks 9 years or more 16 weeks

Amount of redundancy pay. The (a) Any Employee made redundant shall receive, in addition to the period of notice, the following amount of pay based on the redundancy pay equals same definition of "week's pay" - meaning 40 hours by the total amount payable to the employee for the redundancy pay period worked out using the following table at the employee's base rate of pay for his or her ordinary hours of work: Hourly Rate. Period of Continuous Service continuous service Severance Pay (weeks’ pay) Less than pay 1 year Nil At least or less 2 weeks 1 year but less than 2 years 4 weeks At least 3 Weeks 2 years but less than 3 years 6 weeks At least Weeks 3 years but less than 4 years 7 weeks At least 9 Weeks 4 years but less than 5 years 8 weeks At least 12 Weeks 5 years but less than 6 years 10 weeks At least 15 Weeks 6 years but less than 7 years 11 weeks At least 18 Weeks Period of continuous service Severance pay 7 years but less than 8 years 13 weeks At least 21 Weeks 8 years but less than 9 years 14 weeks 24 Weeks 9 years or more 16 weeksbut less than 10 years 27 Weeks 10 years and over 30 Weeks