Voluntary Redundancies Sample Clauses
The Voluntary Redundancies clause outlines the process by which employees may choose to leave their employment in exchange for a redundancy package when an employer is reducing its workforce. Typically, this clause details the eligibility criteria for employees, the application procedure, and the terms of the redundancy payment or benefits offered. By providing a structured and transparent method for employees to volunteer for redundancy, the clause helps employers manage workforce reductions more amicably and can minimize the need for compulsory layoffs.
Voluntary Redundancies. 41.1. We may call for applications for voluntary redundancy at any time, including during consultation about major change as outlined in Section 6.
41.2. If we call for voluntary redundancies, we may consider, but do not have to accept any applications.
41.3. We will tell you the period of time in which you may apply for voluntary redundancy.
41.4. You must tell us if you want to apply for voluntary redundancy no later than the time indicated by us.
41.5. Where major change consultation is required, we will not advise on the outcomes of voluntary redundancy applications until after a final decision has been made.
41.6. If we accept your application for a voluntary redundancy, you may participate in the Placement Period in accordance with clause 49.2 a).
Voluntary Redundancies. 38.1. Telstra may call for applications for voluntary redundancy at any time, including during consultation about major change as outlined in Section 6.
38.2. If Telstra calls for voluntary redundancies, Telstra may consider, but does not have to accept any applications.
Voluntary Redundancies. For the period of this Agreement there will be no forced redundancies subject to this Agreement. Natural attrition, voluntary redundancies and redeployment will be used where organisational requirements determine that positions are no longer required.
Voluntary Redundancies. If the voluntary redundancy applications are called for, the Company will, on request, provide employees with indicative details of the value of their redundancy packages calculated to a particular point in time. The Company will also arrange for a presentation to interested employees from a reputable financial services organisation. Employees will also be able to make more detailed enquires by nominating to attend one on one sessions with the financial advisers, to be held on site.
Voluntary Redundancies. For the period of this Agreement there will be no forced redundancies. Where a position is identified as being redundant and the employee is offered and accepts a voluntary separation package (VSP), the minimum terms of that redundancy are as detailed below. Eight
Voluntary Redundancies. 15.3.1 Where a position is identified as being redundant and the employee chooses to access a voluntary separation package, (in accordance with 15.1.2 above) the terms of that redundancy are as detailed below.
15.3.2 Ten (10) weeks notice of termination or payment of the total weekly salary in lieu thereof.
Voluntary Redundancies. Where it is determined that redundancy will occur, the Employer will call for voluntary redundancy in the first instance. The Employer has discretion to accept or reject any application based on retaining the skills, knowledge and experience necessary to remain competitive. However, in applying such a right, the Employer recognizes the benefit of voluntary separation, rather than compulsory redundancies. The Employer will select the employees to be made redundant and those employees to be retained based on an assessment of the skills, knowledge and experience of employees in line with the future needs of the Employer. If there are insufficient nominees for a voluntary redundancy or those who nominate will disadvantage the competitiveness of the Employer through loss of skills, knowledge and experience should they leave, the Employer will consider other options and retain the discretion to make alternative employees redundant in line with the future needs of the Employer and the criteria contained in this clause.
Voluntary Redundancies. The Department may restructure workplaces for increased efficiency and effectiveness, and offer voluntary redundancy packages for excess staff where redeployment is not a viable option. Any voluntary redundancy offer will be made in accordance with relevant statutory, EBA, Award and any other applicable industrial relations requirements. Any targeted decrease in staffing through a redundancy program will be subject to agreement by the Treasurer through the Department of Treasury.
Voluntary Redundancies. Notice as stipulated in this clause, or payment in lieu thereof. 2 weeks pay for each completed year of service and pro rata to two weeks for the final uncompleted year of service. Full payment of all accrued annual leave entitlement including leave loading.
Voluntary Redundancies. (a)(i) notice as specified in this clause, or payment in lieu of that notice; and