Compulsory Redundancy Sample Clauses
The Compulsory Redundancy clause outlines the conditions and procedures under which an employer may terminate employees due to organizational needs, such as restructuring or downsizing, rather than individual performance. Typically, this clause specifies the criteria for selecting employees for redundancy, the notice period required, and any severance payments or support offered. Its core function is to provide a clear, fair, and legally compliant process for workforce reductions, thereby minimizing disputes and ensuring both employer and employee understand their rights and obligations in such situations.
Compulsory Redundancy. Where all the foregoing procedures and voluntary measures have been implemented and as a last resort the Company considers that compulsory redundancy is unavoidable, the terms for any compulsory redundancies deemed necessary by the Company will be those which apply in either Voluntary Early Retirement (paragraph 4) or Voluntary Redundancy (paragraph 5) depending on the age of Executives and membership of the Company’s Pension Scheme. Executives who are made Compulsorily Redundant shall receive the Compulsory Redundancy terms in full and final settlement of all claims for wrongful dismissal (if any). The date of termination of employment shall be notified in writing by the Company.
Compulsory Redundancy. 3.3.1 There will be no compulsory redundancy of those teachers who transfer to the new school in the two years immediately following the date of the amalgamation.
Compulsory Redundancy. Where the Company considers that Compulsory Redundancy is unavoidable, the terms for any Compulsory Redundancies deemed necessary by the Company will be those which apply in this Schedule in either Voluntary Early Retirement (paragraph 3) or Voluntary Redundancy (paragraph 4) depending on the age of the Executive and his or her membership of the Company’s Pension Fund. For the avoidance of doubt the Compulsory Redundancy terms together with any payment made in respect of payment in lieu of notice in accordance with paragraph 6 below are paid in full and in full and final settlement of all claims for statutory redundancy pay, wrongful dismissal or breach of contract (if any). The date of termination of employment shall be notified in writing by the Company.
Compulsory Redundancy. An Employee who has been selected for redundancy by the Company and whose employment is terminated is entitled to the following:
(i) 4 weeks’ notice or payment in lieu (if the Employee is over 45 years of age and has completed 2 years of continuous service, the notice is increased by 1 week); and
(ii) a payment equivalent to 2 weeks’ pay per year of service capped at 10 years’ service. To the extent that a term of this clause is detrimental to an Employee in any respect when compared to the NES, the redundancy pay provisions of the NES (section 119 of the Act) will apply instead of such provisions of this Agreement.
Compulsory Redundancy. We will only apply compulsory redundancies when we are satisfied that redeployment and voluntary redundancy opportunities are either inappropriate or have been exhausted. We will base the selection of Employees for compulsory redundancy on our need for competencies, qualifications and experience at the relevant time.
Compulsory Redundancy. Should it become necessary for compulsory redundancies to occur the company will consult the relevant union on the criteria for selecting redundancies before any notices are given. In the event that agreement is not reached, the matter will be processed in accordance with clause 13 Disputes Procedure of the National Framework Agreement.
Compulsory Redundancy. When a formal decision has been made that redundancies are to occur then, in the event of compulsory redundancies the employer will discuss with the employees over the terms of the severance payment which will be no less favourable than that available for voluntary redundancy. The severance payment that is offered to employees is in addition to the periods of notice specified in clause 13 of this Agreement. Notwithstanding the outcome of any such consultation the definition of “weeks pay” for the purpose of compulsory redundancies shall be the ordinary time rate of pay, appearing in clause 16 of this agreement, plus shift allowance where applicable.
Compulsory Redundancy. Where a position is identified as surplus or redundant to the organisational structure of the employer and an employee has been given a compulsory separation package in lieu of redeployment, the employee will be terminated and the employer will provide a separation package to the employee consisting of:
(i) A period of notice of four weeks or payment in lieu of such period of notice.
(ii) In addition to the above, employees over 45 years of age at the time of the giving of the notice will be entitled to an additional one week's notice.
(iii) Severance pay calculated on the basis of three (3) weeks income for each completed year of continuous service or part thereof up to five years of service and one (1) week for each completed year of continuous service or part thereof thereafter.
Compulsory Redundancy. Should an employee be made compulsorily redundant they will receive payments as outlined in Clause 57.3 of this Agreement.
Compulsory Redundancy. The Group will take all reasonable steps for avoiding compulsory redundancies which would normally include assessing current and future workloads, reviewing overtime levels, seeking volunteers, bumping and redeployment to alternative roles. However, if after these steps have been taken and a redundancy situation still exists, the Group may consider that compulsory redundancy is necessary. The Group is committed to ongoing consultation with Accord and Unite regarding colleague impact and the number of potential compulsory redundancies. Colleagues who are subject to compulsory redundancy and are issued with notice of dismissal at the exhaustion of the redeployment process will receive payments and benefits calculated on the basis of the terms set out in the Appendices of this Procedure.