Redundancy Pay Entitlement. Meetings will be held to discuss alternative options before redundancy occurs. Attempts to find alternative employment will be made before retrenchments occur. The selection for redundancy shall be in accordance with the following steps, in order of priority ;
Redundancy Pay Entitlement. In addition to the period of notice prescribed for ordinary termination an employee whose employment is terminated for reasons of redundancy shall be entitled (subject to Appendix One to redundancy pay in accordance with the provisions of the National Employment Standards but as if the following Table was substituted for the Table contained in sub-section 119(2) of the Fair Work Act 2009. Period of continuous service Severance Payment Less than one year Nil 1 year but less than 2 years 4 week’s pay 2 years but less than 3 years 6 week’s pay 3 years but less than 4 years 7 week’s pay 4 years but less than 5 years 8 week’s pay 5 years but less than 6 years 10 week’s pay 6 years but less than 7 years 11 week’s pay 7 years but less than 8 years 14 week’s pay 9 years but less than 10 years 16 week’s pay 10 years but less than 11 years 17 week’s pay 11 years but less than 12 years 18 week’s pay 12 years but less than 13 years 19 week’s pay 13 years but less than 14 years 20 week’s pay 14 years but less than 15 years 21 week’s pay 15 years but less than 16 years 22 week’s pay 16 years but less than 17 years 23 week’s pay 17 years but less than 18 years 24 week’s pay 18 years but less than 19 years 25 week’s pay 19 years but less than 20 years 26 week’s pay 20 years but less than 21 years 27 week’s pay 21 years but less than 22 years 28 week’s pay 22 years but less than 23 years 29 week’s pay 23 years and over 30 week’s pay If at the date of termination the employee is over 45 years of age, the employee will be entitled to a lump sum amount of severance pay in addition to that tabulated above, as follows : Period of Continuous Service Additional Severance Payment Less than 5 years Nil 5 years but less than 10 years 4 week’s pay 10 years but less than 15 years 8 week’s pay 15 years and over 12 week’s pay
Redundancy Pay Entitlement. (a) An employee will be entitled to redundancy pay in accordance with the table below. For any period of service greater than 3 years, the employee will be entitled to 3 weeks’ pay for each completed year of service up to a maximum of 52 weeks’ pay (plus accrued annual leave, leave loading and RDOs). Period of Continuous Service Entitlement if Made Redundant Less than 1 years’ service 1 week At least 1 year but less than 2 years 4 weeks At least 2 years but less than 3 years 6 weeks
