Common use of OPERATIONAL CHANGE Clause in Contracts

OPERATIONAL CHANGE. 27.1 The Corporation is aware of the importance of job security to its employees and will discuss a minimum of three (3) months in advance with the Executive Officers of the Union any change in its operation which could cause a loss of security of employment. The objective of such joint discussion will be the continued employment of those employees affected and avoidance, if possible, of a layoff situation occurring. 27.2 Where the employer determines that there are redundant positions resulting from operational change those regular full-time employees who are laid off or terminated will be provided with a severance package which will pay four (4) weeks pay for each year of service to a maximum of fifty-two (52) weeks. On production of receipts from an authorized educational institution or employment counselling firm, regular full-time employees shall be entitled to reimbursement of up to five thousand dollars ($5,000.00) as an employment transition allowance or up to five thousand dollars ($5,000.00) as a relocation allowance. To be eligible for reimbursement, receipts must be received within twelve (12) months from the date of layoff or termination.

Appears in 1 contract

Sources: Collective Agreement

OPERATIONAL CHANGE. 27.1 The Corporation is aware of the importance of job security to its employees and will discuss a minimum of three (3) months in advance with the Executive Officers of the Union any change in its operation which could cause a loss of security of employment. The objective of such joint discussion will be the continued employment of those employees affected and avoidance, if possible, of a layoff situation occurring. 27.2 Where the employer Employer determines that there are redundant positions resulting from operational change those regular full-time employees who are laid off or terminated will be provided with a severance package which will pay four (4) weeks pay for each year of service to a maximum of fifty-two (52) weeks. On production of receipts from an authorized educational institution or employment counselling firm, regular full-time employees shall be entitled to reimbursement of up to five thousand dollars ($5,000.00) as an employment transition allowance or up to five thousand dollars ($5,000.00) as a relocation allowance. To be eligible for reimbursement, receipts must be received within twelve (12) months from the date of layoff or termination.

Appears in 1 contract

Sources: Collective Agreement