Common use of Severance Pay Entitlements Clause in Contracts

Severance Pay Entitlements. Where an employee is entitled to severance payment, the following will apply: Length of continuous service Severance pay 2 years or more to less than 3 years 4 weeks pay 3 years or more to less than 4 years 5 weeks pay 4 years and over 6 weeks pay

Severance Pay Entitlements. Where an employee is entitled to a severance paymentpayment in accordance with paragraph 11.7(a) above, the following payments will apply: Length of continuous service Continuous Service Severance pay Up to the completion of 2 years or more to less than 3 years 4 weeks pay 2 years and up to the completion of 3 years or more 5 weeks pay 3 years and up to less than the completion of 4 years 5 7 weeks pay 4 years and over 6 8 weeks pay

Severance Pay Entitlements. Where an employee is entitled to severance payment, the following will apply: Length of continuous service Severance pay 2 years or more to less than 3 years 4 weeks pay 3 years or more to less than 4 years 5 weeks pay 4 years and over 6 weeks paypay PART D - HOURS OF WORK AND RELATED MATTERS