Severance Pay Entitlement. 11.6.1.1 All permanent regular employees shall be entitled to severance pay should their employment be terminated by the employer in accordance with Article 11, (Reduction, Severance Pay and Recall).
Severance Pay Entitlement. Severance pay will be granted to full time employees who are laid-off. This pay will be as follows:
Severance Pay Entitlement. Where The Company decides the job an employee has been doing is no longer to be performed by anyone, and this is not due to the ordinary and customary turnover of labour, and that decision leads to the termination of employment of the employee, the employee is entitled to a severance payment as follows: If an employee is under 45 years of age, the following scale: YEARS OF SERVICE ENTITLEMENT Less than 1 year Nil 1 year and less than 2 years 4 weeks 2 years and less than 3 years 7 weeks 3 years and less than 4 years 10 weeks 4 years and less than 5 years 12 weeks 5 years and less than 6 years 14 weeks 6 years and over 16 weeks Where an employee is 45 years of age or over, the following scale: YEARS OF SERVICE ENTITLEMENT Less than 1 year Nil 1 year and less than 2 years 5 weeks 2 years and less than 3 years 8.75 weeks 3 years and less than 4 years 12.5 weeks 4 years and less than 5 years 15 weeks 5 years and less than 6 years 17.5 weeks "Weeks' pay" means the ordinary time rate of pay for the employee concerned. The severance payments are in addition to notice of termination.
Severance Pay Entitlement. Severance pay shall be paid to employees who are terminated because of changes in administrative procedures, automation, consolidation or suspension of business. The amount of severance pay shall be one (1) month at the employee’s current, regular, salary for each year of service, to a maximum of five (5) months.
Severance Pay Entitlement. (a) Subject to the other provisions of this clause, and employee who is terminated due to redundancy will be entitled to the following amount of severance pay in respect of a period of service: Period of continuous service (excluding any period of engagement as a casual (where a casual loading was paid) prior to becoming a permanent employee) Employee is under 45 years of age Employee is 45 year of age or older Less than one year Xxx Xxx 1 year and less than 2 years 4 weeks’ pay 5 weeks’ pay 2 years and less than 3 years 7 weeks’ pay 8.75 weeks’ pay 3 years and less than 4 years 10 weeks’ pay 12.5 weeks’ pay 4 years and less than 5 years 12 weeks’ pay 15 weeks’ pay 5 years and less than 6 years 14 weeks’ pay 17.5 weeks’ pay 6 years and over 16 weeks’ pay 20 weeks’ pay
Severance Pay Entitlement. All regular employees discharged, displaced or laid off from their regular job because of elimination of positions, shall be entitled to choose severance pay as follows:
Severance Pay Entitlement. (a) Subject to subclauses 18.6(b) and 18.6(c) below, where the employment of an employee on a CCFRC is terminated in accordance with subclauses 18.4(a)(i) or (ii) above, the employee will be paid a severance payment in accordance with the following table: Length of Continuous Service Severance payment Less than 1 year 0 week’s pay 1 year but less than 2 years 4 weeks’ pay 2 years but less than 3 years 6 weeks’ pay 3 years but less than 4 years 7 weeks’ pay 4 years and less than 10 years 8 weeks’ pay 10 years or more 2 weeks for each completed year of service
Severance Pay Entitlement. Except as provided by Section 6(c), Executive will not be entitled to Severance Pay if her Employment terminates before the occurrence of a Change in Control (as defined in Section 6). However, if, within two (2) years after a Change in Control: (A) the Company terminates Executive's Employment other than for "Cause" (as defined in (a) below) or due to "Permanent Disability" (as defined in (b) below), or (B) Executive terminates her Employment for Good Reason (as defined in (c) below), the Corporation will pay Executive Severance Pay (as defined in Section 4 below). Executive will not be entitled to Severance Pay under any circumstances if the Corporation terminates her Employment for Cause or due to Disability, or if Executive resigns other than for Good Reason, even if such termination of the Employment occurs within two (2) years after a Change in Control.
Severance Pay Entitlement. 12.2.1 Where the Company decides the job an employee has been doing is no longer to be preformed by anyone, and this is not due to the ordinary and customary turnover of labour and that decision leads to the termination of employment of the employee, the employee is entitled to a severance payment as follows: If an employee is under 45 years of age, the following scale: Years of service Entitlement Less than 1 year Nil 1 year and less than 2 years 4 weeks 2 years and less than 3 years 7 weeks 3 years and less than 4 years 10 weeks 4 years and less than 5 years 12 weeks 5 years and less than 6 years 14 weeks 6 years and over 16 weeks Where an employee is 45 years of age or over, the following scale Years of service Entitlement Less than 1 year Nil 1 year and less than 2 years 5 weeks 2 years and less than 3 years 8.75 weeks 3 years and less than 4 years 12.5 weeks 4 years and less than 5 years 15 weeks 5 years and less than 6 years 17.5 weeks "Weeks' pay" means the ordinary all inclusive base rate of pay for the employee concerned. The severance payments are in addition to notice of termination. Provided that such rates shall exclude where applicable: • Overtime • Penalty rates • Disability allowances • special rates • fares and travelling allowances • Bonuses and any other ancillary payments of a like nature Employees will be paid out at their normal all inclusive rate
Severance Pay Entitlement
