Voluntary Exit Option Sample Clauses

Voluntary Exit Option. If after making offers of early retirement, individual layoff notices are still required, prior to issuing those notices the Hospital will offer a voluntary early exit option in accordance with the following conditions:
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Voluntary Exit Option. 20.7.1 Subject to the conditions outlined in Article 20.7, an employee who has not received notice of lay-off may offer to be declared surplus and give up his or her job for possible redeployment of an employee who has received notice of lay-off provided the position meets the criteria set out in Article
Voluntary Exit Option and Absence Due to Leave of Absence Where a non-surplus employee is away on an approved leave of absence other than due to illness/injury, he/she may apply for the voluntary exit option. The employee’s job will be considered for matching to a surplus employee while on an approved leave. If a surplus employee is assigned to the volunteer’s job, the volunteer’s employment and leave of absence will be terminated on the date the surplus employee reports for duty and the volunteer will be eligible for voluntary exit payments.
Voluntary Exit Option. If after making offers of early retirement, individual layoff notices are still required, prior to issuing those notices the Hospital will offer a voluntary early exit option in accordance with the following conditions: The Hospital will first make offers in the classifications within where layoffs would otherwise occur. If more employees than are required are interested, the Hospital will make its decision based on seniority. If insufficient employees in the department affected accept the offer, the Hospital will then extend the offer to employees in the same classification in other departments. If more employees than are required are interested, the Hospital will make its decision based on seniority. In no case will the Hospital approve an employee’s request under and above for a voluntary early exit option, if the employees remaining are not qualified to perform the available work. The number of voluntary early exit options the Hospital approves will not exceed the number of employees in that classification who would otherwise be laid off. The last day of employment for an employee who accepts a voluntary early exit option will be at the Hospital’s discretion and will be no earlier than thirty (30) calendar days immediately following the employee’s written acceptance of the offer. An employee who elects a voluntary early exit option shall receive, following completion of the last day of work, a separation allowance of two
Voluntary Exit Option and receive an actuarially unreduced pension or, as a result of the application of paragraph 2 (a), will become entitled to receive an actuarially unreduced pension. Employees who are entitled to the amounts specified in Article 20.3 (Separation Allowance) shall receive the greater of those am ounts or the amount specified in this paragraph. (For the sake of clarity, it is understood that a person who resigns pursuant to Article 20.3 (Separation Allowance) shall be considered to be laid off for the purpose of this paragraph.) This paragraph will not apply to employees described in paragraph 1 who are transferred to a new employer or, subject to 1(b), who decline a transfer to a new employer.
Voluntary Exit Option. An employee who has not received notice of lay off may offer to be laid off in place of a more junior employee. The Employer retains the sole discretion to accept this offer. If the employee’s offer is accepted he will be deemed to have been laid off on the date provided to the junior employee, or such earlier date as may be agreed, in which case notice of lay off is not applicable to the employee, but severance pay is so applicable.
Voluntary Exit Option. 14.8.1 Subject to the conditions outlined in this Article, an employee who has not received notice of lay-off , the VEO employee, may offer to be declared surplus and give up his / her job for possible redeployment of an employee who has received notice of lay-off, the surplus employee, provided that:
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Voluntary Exit Option. If after making offers of early retirement, individual layoff notices are still required, prior to issuing those notices the Hospital will offer a voluntary early exit option in accordance with the following conditions: The Hospital will first make offers in the classifications within where layoffs would otherwise occur. If more employees than are required are interested, the Hospital will make its decision based on seniority. i If insufficient employees in the department affected accept the offer, the Hospital will then extend the offer to employees in the same classification in other departments. If more employees than are required are interested, the Hospital will make its decision based on seniority. In no case will the Hospital approve an employee’s request under and above for a voluntary early exit option, if the employees remaining are not qualified to perform the available work. The number of voluntary early exit options the Hospital approves will not exceed the number of employees in that classification who would otherwise be laid off. The last day of employment for an employee who accepts a voluntary early exit option will be at the Hospital’s discretion and will be no earlier than thirty (30) calendar days immediately following the employee’s written acceptance of the offer. An employee who elects a voluntary early exit option shall receive, following completion of the last day of work, a separation allowance of two (2) weeks’ salary for each year of service, to a maximum of fifty-two (52) weeks’ pay. A full-time employee who has completed one year of service and whose lay-off is permanent, or who is laid off for twenty-six (26) weeks in any fifty-two (52) week period, and who has not elected to receive a severance payment under either (a) or of this Article, STANDARD Central Guide Document October shall be entitled to severance pay equal to the greater of two (2) weeks’ pay, or one (1) week’s pay per year of service to a maximum of twenty-six
Voluntary Exit Option a) Before any Notices of Layoff are issued, the Employer will identify potential vacancies by canvassing employees in the Bargaining Unit in the affected salary grid or below to determine whether any of those employees wish to voluntarily terminate employment with the Employer. The Employer will provide an irrevocable Letter of Intent to any interested employee. Employees wishing to take Voluntary Exit shall sign the irrevocable Letter of Intent within five (5) business days. The Letter of Intent will be in effect for thirty (30) calendar days from the date of the letter.
Voluntary Exit Option. Before issuing notice of long-term layoff pursuant to Article 13, CAMH will offer voluntary exit options to a sufficient number of employees in the same classification in order of seniority to the extent that the maximum number of employees in either full-time or part-time status who elect a voluntary exit option is equivalent to the number of employees who would otherwise be subject to layoff under Article 13. An employee who elects a voluntary exit option shall receive, following completion of the last day of work, a voluntary exit option of two (2) weeks’ salary for each year of service, to a maximum ceiling of fifty-two (52) weeks’ pay. An employee who elects a voluntary exit option shall have no other entitlements than those listed above and specifically shall have no entitlements under the termination or severance provisions of Ontario’s Employment Standards Act.
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