Redundancy Package. Where redeployment or retraining opportunities are not available, the separation package to be paid to redundant staff is as follows:
Redundancy Package. Period of Continuous Service Severance Pay 1 year or less 3 week’s pay 1 year or more 3 week’s pay per year on a pro rata basis for every year of service up to a maximum of 52 weeks 50 years of age or more Additional 8 week’s pay Week’s pay means the ordinary rate of pay for the Employee concerned. The above package shall be additional to all other entitlements owing to the Employee.
Redundancy Package. Standard Payment
Redundancy Package. The following entitlements relates only to Employees located in Victoria who were previously covered by the GasNet Enterprise Agreement 2005 and employed prior to 31 December 2008. • Severance payment of three weeks pay for every year of service. • Notice period. • Accrued annual leave payment. • Accrued long service leave payment. • Special provision in lieu of long service leave accrued (where applicable). • Payment in lieu of time owing (where applicable). • Superannuation.
Redundancy Package. Employees will receive redundancy benefits on the basis of full pay for period(s) of full-time service and pro-rata pay for periods of part-time service. An employee whose employment is terminated for reasons set out in clause 2 of Part 10 shall be entitled to the following.
Redundancy Package. An employee whose employment is terminated for reasons set out in sub-clause 44.2(a) hereof shall be entitled to the following:
Redundancy Package. Employees who obtain a redundancy package will receive a separation payment as follows:
Redundancy Package. (i) Measures to mitigate the adverse effects of the termination(s) will include a redundancy package. The redundancy package shall comprise of the following benefits: • Six weeks further employment or payment in lieu thereof at the discretion of the University plus • A sum calculated at the rate of two weeks’ salary, which shall include work related allowances, for each completed year of service with the University or part thereof, to a maximum entitlement of 52 weeks’ salary plus • Payment on a pro-rata basis for long service leave calculated on completed years of service or part thereof, less any period(s) of long service leave already taken plus Other leave entitlements and loadings payable on termination. The benefits in this subclause are in lieu of any notice period prescribed in subclause 11 of this Schedule. An employee who has worked different modes of employment on a continuous basis (e.g. full-time, part- time or casual), will have the equivalent full-time years of service used in the calculation of their redundancy benefit. For example, where an employee has served for ten years, eight years on a full-time basis and two years on a 50% part-time basis, this service will equate to nine years full-time service.
Redundancy Package i Employees whose position is deemed redundant and are not successfully redeployed shall on termination be, in addition to any payment in lieu of notice, paid a special lump sum redundancy package in full settlement of all employment related claims calculated as follows: - Seven weeks salary for the first full year of service, or pro-rata for those with less than one full year of service. - Three weeks salary for each subsequent year of continuous service. - Plus a pro-rata payment of each completed month of service. - The maximum payment under this policy shall be 90 weeks' pay.
Redundancy Package. An employee who is to be retrenched as a result of an office or a position being abolished shall be entitled to the following package on retrenchment:
