Common use of Partial Redundancy Clause in Contracts

Partial Redundancy. 41.4.1 A partial redundancy payment which arises as a result in the reduction or alteration of a position(s) or hours shall be paid in line with the following formula: 41.4.2 Existing weekly rate at ordinary hours minus the new weekly rate at ordinary hours multiplied by 2 weeks for each year of service or part thereof to the maximum of 22 weeks’ pay. 41.4.3 A Salary Maintenance payment which arises as a result in the reduction or alteration of classification shall be paid on a weekly basis in line with the following formula: 41.4.4 Existing weekly rate at ordinary hours minus the new weekly rate at ordinary hours paid according to the table in 41.6.

Partial Redundancy. 41.4.1 (i) A partial redundancy payment which arises as a result in the reduction or alteration of a position(s) or hours shall be paid in line with the following formula: 41.4.2 : Existing weekly rate at ordinary hours minus the new weekly rate at ordinary hours multiplied by 2 weeks for each year of service or part thereof to the maximum of 22 weeks’ ' pay. 41.4.3 (ii) A Salary Maintenance payment which arises as a result in the reduction or alteration of classification shall be paid on a weekly basis in line with the following formula: 41.4.4 : Existing weekly rate at ordinary hours minus the new weekly rate at ordinary hours paid according to the table in 41.642(f).