Common use of Voluntary Separation Package Clause in Contracts

Voluntary Separation Package. Should an employee elect to take a voluntary separation package, such package shall comprise: • 10 weeks’ notice of termination or payment of total weekly salary in lieu thereof • 3 weeks of total weekly salary as severance payment for each year of service in Local Government as severance payment • An amount representing 10% of total annual salary for the purpose of outplacement counselling • Pro rata long service leave shall be paid whether or not the employee has attained 7 years service.

Appears in 2 contracts

Sources: Enterprise Agreement, Enterprise Bargaining Agreement

Voluntary Separation Package. Should an employee Employee elect to take a voluntary separation package, such package shall comprise: • 10 weeks’ : 12.3.1 Ten weeks notice of termination or payment of total weekly salary in lieu thereof • 3 thereof; 12.3.2 Four weeks of total weekly salary as severance payment for each year of service in Local Government as severance payment • Local 12.3.3 An amount representing 10% of total annual salary for the purpose of outplacement counselling • Pro purposes of 12.3.4 Pro-rata long service leave Long Service Leave shall be paid whether or not the employee Employee has attained 7 seven (7) years service.

Appears in 1 contract

Sources: Enterprise Agreement