Common use of Voluntary Redundancy Clause in Contracts

Voluntary Redundancy. We may offer you or seek expressions of interest for voluntary redundancy where a position or positions are no longer required. Voluntary redundancy may be refused where expressions of interest exceed the positions to be reduced or where we need to retain skills and expertise. Where there are more expressions of interest than required, a merit-based selection process will be used to determine who is to be offered redundancy. Where a redundancy is offered and accepted, your termination date will be determined by us in accordance with operational requirements. You will be provided 4 weeks' notice or payment in lieu. If you are aged over 45 with 5 or more years' service you will be entitled to 5 weeks' notice or payment in lieu of notice. Employees who are temporary/term contract, casual, apprentices or trainees are not eligible for redundancy.

Voluntary Redundancy. We may offer you or seek expressions of interest for voluntary redundancy where a position or positions are no longer required. Voluntary redundancy may be refused where expressions of interest exceed the t he positions to be reduced or where we need to retain skills and expertiseexpert ise. Where there are more expressions of interest than required, a merit-merit- based selection process will be used to determine who is to be offered redundancy. Where a redundancy is offered and accepted, your termination terminat ion date will be determined by us in accordance with operational requirements. You will be provided 4 weeks' notice or payment in lieu. If you are aged over 45 with 5 or more years' service service, you will be entitled ent it led to 5 weeks' notice or payment in lieu of notice. Employees who are temporary/temporary/ term contract, casual, apprentices apprent ices or trainees are not eligible for redundancy.