Voluntary Separation Packages Sample Clauses
Voluntary Separation Packages. An employee entitled to a Voluntary Separation Package arising from Clause 10.4.4 may elect one of two options:
10.6.1 Immediate Pay Out
a. Under this arrangement an employee will receive:
Voluntary Separation Packages. The parties further acknowledge that changes to staffing levels, including the offering of VSPs, has a significant effect on employees because it has the potential to lead to, amongst other things: • The alteration in required skills of ongoing employees and potential retraining; • The alteration of workloads and/or hours of work for ongoing employees; • The potential diminution of job opportunities or promotional opportunities; and • The possible redeployment of employees. Nothing in this Appendix is intended to remove or limit the operation of Clause 10, Consultative Processes or Clause 11, Grievance and Dispute Avoidance Procedures contained in the Agreement. PROCEDURE
1. Seriously considering changes to workforce composition of weekly paid workforce
Voluntary Separation Packages. (VSPs)
11.5.3.1 An employee whose position has become redundant may make application for a VSP, the provision of which will be by the approval of the CEO. Where an employee accesses a VSP, it shall be paid in accordance with this Clause or as per any written agreement, mutually agreed between the CEO and the employee. Subject to this Agreement, VSPs will (subject to any written agreement mutually agreed between the CEO and the employee) consist of the following four separate components:
a. Equivalent of three (3) months remuneration;
b. A redundancy payment at a rate of three weeks’ remuneration per year of continuous service within Local Government and 25% of one week’s remuneration per completed month of the remainder, to a maximum payment of this component of two (2) years remuneration;
c. A payment of the equivalent of 10% of the employee’s annual remuneration for outplacement counselling to assist the employee to find alternative employment. This amount may be incorporated into the employee’s overall redundancy pay following negotiation between the employee and the Council; and
d. Pro-rata long service leave will be paid regardless of whether or not seven years of service has been attained.
11.5.3.2 All of the above VSP components, together with any other entitlements under this Agreement, will be made by the one overall payment upon the employee leaving the employ of the Council and will be conditional upon the following:-
a. The employee formally resigning from all positions in which the employee is employed by the Council;
b. The employee having notified the Human Resource Manager of every injury or disability which the employee could reasonably be aware of and believes were, or could possibly have been sustained by them during the period of their employment with the Council;
c. The employee not suffering any work related injury between the date of agreeing to the VSP and the time at which the employee commences their journey home on that final day of employment with the Council;
d. The employee not having any outstanding claim for income maintenance pursuant to the Workers’ Rehabilitation and Compensation Act 1986 (SA); and
e. The CEO has the right to amend the amount payable to the employee due to a financial or clerical error in calculating the VSP.
11.5.3.3 However, if the amount payable to the employee is less than they were previously advised, the employee has the right to withdraw from accessing the VSP.
11.5.3.4 Where an employee, who has a...
Voluntary Separation Packages. At any time during the life of Schedule D, the University may make a general call for Voluntary Separations across the entire University or a substantial part based on occupation or organisational structure, or an early retirement scheme.
Voluntary Separation Packages. Where the Company identifies redundant positions and offers voluntary separation packages (VSPs) to Transferred Employees in accordance with the ECRD Act, those VSPs will be offered first to any volunteers occupying those positions subject to the need to retain critical skills within the business. If there are insufficient volunteers, the provisions of the ECRD Act otherwise apply.
Voluntary Separation Packages. 21.4.1 The City of ▇▇▇▇▇▇▇ ▇▇▇▇▇ reserves the right to offer Voluntary Separation
21.4.2 These packages may be offered prior to any position(s) being identified as lost. 21.
Voluntary Separation Packages. (VSP) An employee may seek a VSP at any stage of the process. At all times any VSP will be mutually agreed by the parties to this Agreement.
6.3 Co-operative Work Review The purpose of the Co-operative Work Review is to promote and continuously develop a culture within Council which is aimed at employees and management working together cooperatively to improve organisational effectiveness and service delivery. Management and employee representatives involved in such review processes and the review arrangements will be by agreement between the Chief Executive Officer and the employees within the particular work group. Before any review commences, Council will advise the ASU of details of the review, including the work groups involved, the process to be used and any other relevant details. The process should consider the following issues within the first 12 months of the Agreement and wherever possible implementation of agreed changes arising from the review should occur at the earliest practicable date: 6.
3.1 To consider means whereby services provided by Council can be improved.
Voluntary Separation Packages. Whilst the preferred method of responding to a need to reduce employee numbers is through natural attrition and redeployment without the need for recourse to redundancies the parties recognise that, on occasions, management and employees may agree to a Voluntary Redundancy. Should management and an employee agree to a Voluntary Redundancy, then the Voluntary Separation Package (VSP) will be:-
Voluntary Separation Packages. Should such a situation arise, the company would advise all relevant Associates it is seeking volunteers for a separation package. An Associate who wishes to access this voluntary separation package would need to advise the company in writing that they wish to access it. Access to the package will be subject to the company’s discretion which will be based on their assessment of skills, competencies, responsibilities and positions held of the Associates applying. The voluntary separation package comprises:
Voluntary Separation Packages. 38.01 The parties agree that voluntary separation and/or early retirement incentive programs are useful in assisting the Company as it makes staffing decisions. Where the Company introduces a voluntary separation and/or early retirement incentive program the Company will review the details of the voluntary program with the Union prior to its introduction In addition, whenever possible at least 48 hours prior to announcement of a specific offer of a voluntary program to a specified group of employees, the Company will review with the Union the functions and locations potentially impacted, the relevant timelines, as well as the approximate target reduction being sought.
