Common use of Early Separation Clause in Contracts

Early Separation. An employee who has been given written notice that their position has been made redundant may decide to include the balance of the transition period in the employee’s redundancy benefits, in which case the employee will receive upon termination: • payment in lieu of salary for the unexpired portion of the 12 week “transition period”; • all accumulated recreation leave and pro rata long service leave where recognised accumulation of credit is less than 10 years, but more than 5 years; and • severance pay as set out in subclause 17.2. • Benefits received under early separation are in lieu of any notice period, access to a scheme of redeployment or other redundancy benefit.