Common use of Reduction Sequence Clause in Contracts

Reduction Sequence. through the offering of a retirement incentive to an employee (who qualifies as per Article 22.1 Eligibility), an incentive shall be offered if the cost of such incentive is the same as or no more than the cost that would be incurred through layoff or transfer of another regular employee.

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, 1 Agreement

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Reduction Sequence. through the offering of a early retirement incentive to an employee (who qualifies as per Article 22.1 Eligibility), an incentive shall be offered if the cost of such incentive is the same as or no more than the cost that would be incurred through layoff or transfer of another regular employee.

Appears in 3 contracts

Samples: Statement of Agreement, Statement of Agreement, Statement of Agreement

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