Redundancy Policy Sample Clauses

A Redundancy Policy clause outlines the procedures and criteria an employer will follow when roles become redundant within an organization. It typically details how affected employees will be identified, the consultation process, notice periods, and any severance or support offered, such as outplacement services. This clause ensures transparency and fairness in handling redundancies, helping to protect both the employer and employees by clarifying expectations and reducing the risk of disputes.
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Redundancy Policy. Introduction
Redundancy Policy. In the event that Council finds it necessary, following consultation with the Union to reduce its workforce through retrenchment/redundancy of employees, the following conditions will apply. (i) Employees who commenced prior to 1st April 1977, a) a severance payment of four (4) weeks pay will be made PLUS b) a service related payment of three (3) weeks per completed year of service will be made PLUS c) A gratuity payment will be paid in accordance with Council’s Policy. (ii) Employees who commenced after 1st April 1977 a) a severance payment of four (4) weeks pay will be made PLUS b) a service payment of four (4) weeks pay per year of service will be made with a cap of 52 weeks payment. For those employees who were employed prior to 1st December 1997 and who are disadvantaged by the cap of 52 weeks payment, as they have a greater entitlement than 52 weeks based on years of service, will be provided with a service related payment of 3 weeks per year unlimited. c) Employees with greater than 13 years of service as at 1st December 1997 will have the option of requesting 3 weeks per year of service in the future if their entitlement to service payment is greater than 52 weeks using this multiplier. d) Employees with less than 13 years service as at 1st December 1997 shall have an entitlement to a service payment of 4 weeks per year of service with a cap of 52 weeks. (iii) All employees a) It is agreed that the Retrenchment Flow Chart process will be applied to all positions that are identified as being redundant. b) For all employees at the date of being redundant, a payment of $400.00 per completed year of service will be made. Employees with six months or greater service will be eligible for pro-rata entitlements based on completed months of service. i.
Redundancy Policy. 20.1 Should the need arise, redundancy would be implemented initially on a voluntary basis and then if the need arises on the basis of last on first off by skill level commencing with the lower skill levels. 20.2 Employees with less than five years of service will be given two weeks notice of termination due to redundancy. 20.3 Employees with more than five years of service will be given four weeks notice of termination due to redundancy. 20.4 All employees will be entitled to receive severance pay consisting of: 20.4.1 Two weeks pay for each year of service up to 15 years service and pro rata for current year. 20.4.2 Two weeks pay on termination. 20.4.3 Leave loading of 17.5% on all untaken annual leave. 20.4.4 Untaken Long Service Leave after 5 years service. 20.4.5 Untaken sick leave on current year only 20.5 During the period of notice up to one day per week of paid leave will allowed to seek alternative employment. To receive payment for this leave, the employee will need to provide proof of attendance at an interview.
Redundancy Policy. (1) The University strives to provide secure employment for its staff. However, it recognises that operational changes, financial constraints, or organisational restructuring may occasionally necessitate workforce reductions. (2) Redundancy occurs when the University no longer requires employees to perform specific tasks or when it reduces or closes operations at a particular location. (3) In the event of potential redundancies, the University shall engage in meaningful consultation with affected employees and their representatives. Consultation shall begin promptly, addressing the reasons for redundancy, exploring alternative options, and implementing measures to minimise the number of employment losses. (4) If redundancies are unavoidable, a fair and transparent selection process shall be followed. Criteria may include, but are not limited to: (a) Skills, qualifications, and experience; (b) Performance records;
Redundancy Policy. This policy covers redundancy within KONE. KONE may, when circumstances arise, need to make some positions redundant. KONE will, however, make reasonable efforts to avoid it where possible. All redundancies will be handled in a fair, sympathetic and non discriminatory manner. Discrimination‌ No discrimination by age, sex, marital status, union status or ethnic background will be tolerated by either party under this Policy. Definition and application‌ Should a position become surplus to the requirements of KONE, that position will be declared redundant. Such surplus can eventuate because of mechanisation, technological change, market demands and/or changes in the organisational structures, systems or methods of KONE’s operations. Benefits under this Agreement will not apply to the following:-‌ 1. Normal resignation or retirement of an employee. 2. Termination of casual or temporary employees. 3. Dismissal of an employee.
Redundancy Policy. Subject to the terms and conditions of the Award, the criteria for terminating employees in a redundancy situation shall be: (a) All relevant legislation governing unfair dismissal, discrimination, etc. will be observed. (b) In determining which employee is to be retained in employment, the company will review what skill/classification needs it has and match those needs with skills possessed by the existing workforce. (c) Voluntary terminations will be considered. (d) All other things being equal, an employee’s length of service with the company will be taken into account. In the event of there being a dispute in relation to the application of this clause, the dispute resolution procedure in clause 3.3 shall apply.
Redundancy Policy. Westgate is committed to providing continuing employment for all of its staff. However, there may occur circumstances where this is not possible. Should Westgate lose a contract or otherwise need to reduce staff, its first course of action will be to attempt to locate continued employment for those affected employees, either within Westgate or at another transport company where continuity of employment is maintained. If appropriate employment cannot he found then, and only then, will the Redundancy Payment apply. Redundancy Payment In any bona fide redundancy situation the following formula shall apply: 1. One (l) weeks notice or payment in lieu thereof. 2. Four