Layoff Allowance definition
Examples of Layoff Allowance in a sentence
This one-time Layoff Allowance Bank will be available to the employee regardless of the number of times the individual is laid off.
However, the total number of Layoff Allowance hours available shall not exceed the original Layoff Allowance Bank established on June 1, 2008 and such Bank shall not be renewable.
The Layoff Allowance Bank will be reduced by forty (40) hours per week of layoff regardless of the unemployment compensation offset.
A UWUA represented employee on the payroll on June 1, 2008, will have a one- time Layoff Allowance Bank (up to a maximum of 1040 hours) as of June 1, 2008.
Employees laid off in accordance with this Agreement shall be granted lay-off allowance under the Lay-off Allowance Plan.
The Lay-off Allowance Plan becomes operative, at the time the employee qualifies for Employment Insurance entitlement.
An employee’s total lay-off allowance entitlement Service on Date of Less than 1 8 years but less than 9 9 years but less than years but than 1 years but less than years but less than years but less than years but less than Lay-off Allowance Entitlement 8 weeks weeks weeks weeks weeks weeks weeks weeks weeks weeks weeks Three weeks additional pay for each full year of service in excess of fourteen years of service.
Employees who fail to meet the medical qualification standards as set by the Company using the guidelines of the EJTA, job description, and guidance of the UT-Battelle, LLC medical provider, and are subject to medical termination, shall qualify for Layoff Allowance in accordance with the schedule above.
Layoff Allowance will be paid on a weekly basis, until such Layoff Allowance is exhausted.
Layoff Allowance Eligibility Schedule Less than 3 months No allowance 3 months but less than 1 year 1 week (or 40 hours) 1 year but less than 3 years 1Y:z weeks (or 60 hours) 3 years but less than 5 years 2Y..