Common use of Redundancy / Severance Clause in Contracts

Redundancy / Severance. a) Subject to Subclause (c) and (d) hereof, employees shall be entitled to a severance payment of $55.00 per completed week of service. This payment shall be increased to $60.00 per completed week of service from 1 July 2009. b) The severance payment shall accrue weekly and be paid out to the employee at the completion of the employee's term on the project. c) An employee who terminates their employment before the completion of four weeks continuous service shall not be entitled to the provisions of this clause. d) This provision does not apply to apprentices.

Appears in 3 contracts

Sources: Employer Greenfields Agreement, Employer Greenfields Agreement, Employer Greenfields Agreement

Redundancy / Severance. (a) Subject to Subclause sub-clauses (c) and (d) hereof, employees Employees shall be entitled to a severance payment of $55.00 per completed week of service. This payment shall be increased to $60.00 per completed week of service from 1 July 2009. (b) The severance payment shall accrue weekly and be paid out to the employee Employee at the completion of the employeeEmployee's term on the projectProject. (c) An employee Employee who terminates their employment before the completion of four (4) weeks continuous service shall not be entitled to the provisions of this clause. (d) This provision does not apply to apprentices.

Appears in 1 contract

Sources: Collective Agreement

Redundancy / Severance. a) 9.1 Subject to Subclause sub-clauses (c9.3) and (d9.4) hereof, employees shall be entitled to a severance payment of $55.00 per completed week of service. This payment shall be increased to $60.00 per completed week of service from 1 July 2009. b) 9.2 The severance payment shall accrue weekly and be paid out to the employee at the completion of the employee's ’s term on the projectProject. c) 9.3 An employee who terminates their employment before the completion of four (4) weeks continuous service service, shall not be entitled to the provisions of this clause. d) 9.4 This provision does not apply to apprentices.

Appears in 1 contract

Sources: Employer Greenfields Agreement

Redundancy / Severance. a) Subject to Subclause subclauses (cb) and (dc) hereof, employees shall be entitled to a severance payment of $55.00 65.00 per completed week of service. This payment shall be increased amount will increase to $60.00 per completed week of service 75.00 from the first pay period commencing on or after 1 July 2009April 2013, and to $80.00 from the first pay period commencing on or after 1 April 2015. b) The severance payment shall accrue weekly and be paid out to the employee at the completion of the employee's ’s term on the projectProject. c) An employee employee, who terminates their employment before the completion of four weeks continuous service shall not be entitled to the provisions of this clause. d) This provision does not apply to apprentices.four

Appears in 1 contract

Sources: Cepu Greenfields Agreement

Redundancy / Severance. (a) Subject to Subclause sub-clauses (c) and (d) hereof, employees Employees shall be entitled to a severance payment of $55.00 per completed week of service. This payment shall be increased to $60.00 per completed week of service from 1 July 2009. (b) The severance payment shall accrue weekly and be paid out to the employee Employee at the completion of the employeeEmployee's term on the projectProject. (c) An employee Employee who terminates their employment before the completion of four (4) weeks continuous service shall not be entitled to the provisions of this clause. (d) This provision does not apply to apprentices.

Appears in 1 contract

Sources: Employer Greenfields Agreement