Retrenchment definition

Retrenchment means the termination by the employer of the service of a worker for any reason whatsoever, otherwise than as a punishment inflicted by way of disciplinary action, but does not include—
Retrenchment means the discontinuance of a unit member with a tenured appointment or continuing contract from a position at any time or a probationary or fixed length appointment before the end of the specified term for bona fide financial or program reasons including temporary or permanent program suspension or elimination.
Retrenchment shall not include suspension, reduction in appointment or termination pursuant to Articles 7, 17, or 18 of this Agreement.

Examples of Retrenchment in a sentence

  • Retrenchment compensation, where applicable, is paid to its employees as per eligibility.

  • The Contractor / Bidder shall pay all terminal dues to his employees such as Notice pay, Gratuity, Retrenchment compensation etc.

  • Retrenchment Compensation with or without notice Wages Liability as the case may be.

  • Before winding up the site, the Contractor / Bidder shall pay all terminal dues to his employees such as Notice pay, Gratuity, Retrenchment compensation, etc.

  • Contractor shall also comply with the provisions of all the other acts, rules regulations such as Leave & Holidays, Retrenchment compensation, payment of Bonus, Gratuity Benefit, Medical Benefit etc.


More Definitions of Retrenchment

Retrenchment means the termination of employment of an employee whose position has become redundant.
Retrenchment. , in relation to a member, means dismissal from employment based on the operational requirements of the relevant employer;
Retrenchment means the process of terminating the employment of an employee in a redundant post;
Retrenchment means the laying off of any member of the bargaining unit pursuant to the provisions of Article X, X-A or X-B of this Agreement, respectively, and shall not mean termination.
Retrenchment means the termination of employment by the Employer of an Employee whose position has become redundant.
Retrenchment means the termination of employment of an employee working in a position that has been made redundant and Council cannot offer the employee any alternative position or, any alternative position offered by the Council cannot be accepted by the employee. Retrenchment may be voluntary or involuntary. However retrenchment does not occur in the following circumstances:
Retrenchment when used in Article 35, shall mean the termination of the employment of any academic or professional employee during any appointment, other than a temporary appointment which may be terminated at any time, as a result of financial exigency, reallocation of resources, reorganization of degree or curriculum offerings or requirements, reorganization of academic or administrative structures, programs or functions or curtailment of one or more programs or functions University-wide or at such level of organization of the University as a College, department, unit, program or such other level of organization of the University as the Chancellor, or designee, deems appropriate.