Redundancy Payment. 27.21.1 If you were last engaged before 6 April 1990 you are paid under Scale 1 (but a minimum of Scale 2 applies). If you were engaged after that you are paid under scale 2.
Redundancy Payment. (1) In the event that the employer and employee agree on transferring from the redundancy payment provisions of the Austrian Act on Salaried Employment/Redundancy Payment Act to the BMVG (Company Employee Severance Funds Act), both the employer and the employee are entitled to withdraw from the transfer agreement within one month from the signing of the agreement without providing any reasons. This does not apply if the transfer agreement is governed by a company agreement according to Art. 97 (1) 26 of the Austrian Labour Constitution Act (ArbVG) (determination of framework conditions for the transfer to the redundancy payment provisions of the BMVG).
Redundancy Payment. (a) Where employment is terminated because of redundancy, an Employee will be entitled to redundancy pay in accordance with the NES for between the first and second years of service, and then three weeks’ pay for each year of service thereafter up to a maximum of 70 weeks’ pay.
Redundancy Payment. In the event that an employee is made redundant they are entitled to redundancy payments as per the following provisions. Payment will be based on the following: • One months notice of redundancy or payment in lieu of notice; and • 10 percent of total ordinary pay for the preceding 12 months; and
Redundancy Payment. Employees shall receive redundancy pay of four (4) weeks ordinary pay for each completed year of service plus a pro-rata amount of one-third (1/3) of a week’s ordinary pay for each completed month of service rendered in the employee’s final year of employment.
Redundancy Payment. Any payment made in accordance with the terms of the Civil Service Compensation Scheme in force as at the Commencement Date and applicable to Public Sector Employees Relevant Transfer: has the meaning ascribed to it in clause 1.1 of this agreement. Retained Employees: those employees employed by the Service Provider immediately prior to the Service Transfer Date and who after the Service Transfer Date will provide the Services in addition to the Transferring Employees and any New Employees .
Redundancy Payment. 68.1 An employee must have 12 months’ continuous service with AgriFutures to qualify for a redundancy payment.
Redundancy Payment. 52.6.1 A redundancy payment will comprise (A) + (B) + (C) + (D), plus the remaining balance of notice period (if any), as prescribed in Table 1 of this Clause 52.6.1, provided that (A) + (B) will not exceed 70 weeks in total.
Redundancy Payment. The Company will make the following payments to employees who are made redundant: • Employees with less than 3 years service will receive eight (8) weeks notice or payment in lieu thereof. • Payment of five (5) weeks pay in lieu of notice if the employee is not required to remain on duty for the duration of the notice period. • Severance payment of four (4) weeks pay per year of service calculated to the nearest completed week. Severance payments will be capped in the following manner. o Employees with less than 20 years service employed at the date of lodgement of this Agreement will have their severance benefit capped at 80 weeks (20 years service). o Employees employed at the date of lodgement of this Agreement with more than 20 years service will not have their severance benefit capped. o All new employees from the date of lodgement of this Agreement will have their severance benefit capped at 52 weeks (13 years service). • Payment of all accrued long service leave entitlements. (no qualifying period of service to apply). • Payment of all accumulated sick leave. • Payment of all accumulated annual leave entitlements and 17.5% loading. Shift workers will receive the average shift premium or the 17.5% loading, whichever is the greater. • Superannuation will be paid out in accordance with the relevant fund requirements. • All of the above payments relating to wages or "weeks pay" will be paid at the "all purpose" rate. • The notice payments are inclusive of the notice requirements in clause 17.
Redundancy Payment. 3.1. An Employee, whose employment is terminated by reason of redundancy will be entitled to the redundancy payment provided in table 1 below, based on the Employee’s salary rate at the date of cessation of employment and any variation(s) in service fraction over the total period of employment. Table 1 - Redundancy Payment Period of Continuous Service Redundancy Pay Less than 1 year Nil 1 year and less than 2 years 4 weeks 2 years and less than 3 years 6 weeks 3 years and less than 4 years 7 weeks 4 years and less than 5 years 8 weeks 5 years and less than 6 years 10 weeks 6 years and less than 7 years 11 weeks 7 years and less than 8 years 13 weeks 8 years and less than 9 years 14 weeks 9 years and less than 10 years 16 weeks 10 years and over 18 weeks
