Compulsory Redundancy definition

Compulsory Redundancy applies when changes imposed by the company result in an employee's position no longer existing and where no suitable comparable alternative position is available.
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Examples of Compulsory Redundancy in a sentence

  • Executives who are made Compulsorily Redundant shall receive the Compulsory Redundancy terms in full and final settlement of all claims for wrongful dismissal (if any).

  • The Compulsory Redundancy Arrangements are outlined in Schedule 2 to this Agreement.

  • For the avoidance of doubt the Compulsory Redundancy terms together with any payment made in respect of payment in lieu of notice in accordance with paragraph 6 below are paid in full and in full and final settlement of all claims for statutory redundancy pay, wrongful dismissal or breach of contract (if any).

  • Your accrued pension will be revalued, as required by law, from the date you ceased to accrue benefits under the Final Salary Schemed up to the date of your Compulsory Redundancy.

  • Where the Company considers that Compulsory Redundancy is unavoidable, the terms for any Compulsory Redundancies deemed necessary by the Company will be those which apply in this Schedule in either Voluntary Early Retirement (paragraph 3) or Voluntary Redundancy (paragraph 4) depending on the age of the Executive and his or her membership of the Company’s Pension Fund.

  • Subject to the Pay Calculation contained at Schedule 2 (Compulsory Redundancy Arrangements) and without affecting salary for superannuation purposes, this salary is the employee’s basic periodic rate of pay for all purposes of this Agreement while operating on the A380, except for the calculation of overtime penalty rates and additional hourly pay which is as set out at 7.3 below.

  • The Executive's accrued pension will be revalued, as required in law; from the date he ceased to accrue benefits under the Final Salary Scheme up to the date of his Compulsory Redundancy.

Related to Compulsory Redundancy

  • Compulsory arbitration means the procedure whereby parties involved in a labor dispute

  • Redundancy means a situation where an employee ceases to be employed by the employer other than for reasons of misconduct or refusal of duty. Redundant has a corresponding meaning.

  • Compulsory-school-age child means a child who has attained or will attain the age of six (6) years on or before September 1 of the calendar year and who has not attained the age of seventeen (17) years on or before September 1 of the calendar year; and shall include any child who has attained or will attain the age of five (5) years on or before September 1 and has enrolled in a full-day public school kindergarten program. A child, five (5) years of age, who enrolls in public kindergarten, will have to abide by the same guidelines as outlined in the §37-13-91.

  • Compulsory License means, with respect to a Licensed Product in a country or territory, a license, or rights granted to a Third Party by a governmental agency within such country or territory to sell or offer for sale such Licensed Product in such country or territory under any Patents or Know-How owned or controlled by either Party or its Affiliates, without direct or indirect authorization from such Party or its Affiliates.

  • Compulsory school age means the period of a child’s life from the time the child enters school, which may be no later than at the age of eight (8) years, until the age of 17 years or graduation from high school, whichever occurs first.