Layoff Allowance Sample Clauses

Layoff Allowance. (a) The accumulation of service for the purpose of calculating a layoff allowance shall continue after March 31, 2016 for all employees.
AutoNDA by SimpleDocs
Layoff Allowance. A. It is expected that a support staff employee will be entitled to a minimum of two weeks layoff allowance regardless of the years of completed full-time service. Employees who are laid off will be granted layoff allowance according to the schedule below: Years of Service Weeks of Layoff Allowance Years of Service Weeks of Layoff Allowance 0 - less than 3 years 2 weeks 3 - less than 4 years 3 weeks 4 - 5 years 4 weeks 5 - 6 years 5 weeks 6 - 7 years 6 weeks 7 - 8 years 7 weeks 8 - 9 years 8 weeks 9 - 10 years 9 weeks 10 - 11 years 10 weeks 11 - 12 years 11 weeks 12 - 13 years 12 weeks 13 - 14 years 13 weeks 14 - 15 years 14 weeks 15 - 16 years 15 weeks 16 - 17 years 16 weeks 17 - 18 years 17 weeks 18 - 19 years 18 weeks 19 - 20 years 19 weeks 20 - 21 years 20 weeks 21 - 22 years 21 weeks 22 - 23 years 22 weeks 23 - 24 years 23 weeks 24 - 25 years 24 weeks Over 26 years 26 weeks Employees will be deemed to have one year of service for every 12 completed months of full-time employment. Two completed months of regular part time employment will be deemed to equal one month of full time employment. Three completed months of casual employment for casual or temporary employees who become permanent employees (as provided in Article 1, Section E or F) will be deemed to equal one month of full time employment. The total allowance will be calculated based upon the total number of months derived from this formula.
Layoff Allowance. Employees who are laid off will be paid a layoff allowance based on their seniority and their base weekly wage rate in effect at the time of the layoff, in accordance with the following: LENGTH OF SERVICE LAYOFF ALLOWANCE 13 - 24 Months 2 Weeks of pay 25 - 47 Months 3 Weeks of pay 48 - 59 Months 4 Weeks of pay 60 - 71 Months 6 Weeks of pay 72 Months or More 8 Weeks of pay Note: Part-time employees will receive a prorated amount based on the rules identified in Section 9.16.
Layoff Allowance. 7.12.1 Subject to the conditions specified, employees participating in XXXX who are laid off by the Board shall receive an allowance based on the following formula: After 10 years’ service: 1 months’ salary After 15 years’ service: 2 months' salary After 20 years’ service: 3 months' salary Payment of this allowance is subject to Article 7 - Layoff and Recall and is based on the following conditions:
Layoff Allowance. A laid off employee will receive termination pay in accordance with the terms of the Citizen’s Communications plan or policy governing separation pay as of the effective date of the employee’s layoff, as such plan may be amended by the Company from time to time.
Layoff Allowance. Employees who are laid off will be paid a layoff allowance based on their seniority and their base weekly wage rate in effect at the time of the layoff, in accordance with the following: LENGTH OF SERVICE LAYOFF ALLOWANCE 13 - 24 Months 2 Weeks of pay 25 - 47 Months 3 Weeks of pay 48 - 59 Months 4 Weeks of pay 60 - 71 Months 6 Weeks of pay 72 – 83 Months 8 Weeks of pay 84 Months or More 10 Weeks of pay Note: Part-time employees will receive a prorated amount based on the rules identified in Section 9.17.
Layoff Allowance. A laid off employee will receive termination pay based on years of service in accordance with the following schedule: Years of Service Base Pay Severance Amount 2 6 weeks 3 7 weeks 4 8 weeks 6 10 weeks 7 11 weeks 8 12 weeks 9 13 weeks 10 14 weeks 11 15 weeks 12 16 weeks 14 18 weeks 15 19 weeks 16 20 weeks 18 22 weeks 19 23 weeks 20 24 weeks 21 25 weeks 22 or more 26 weeks
AutoNDA by SimpleDocs
Layoff Allowance. (a) When a permanent employee having continuous service of five (5) years or more is laid off, the Employer shall pay such an employee a layoff allowance equal to five (5) days' pay for each year of continuous service but not exceeding one hundred and twenty-five (125) days' pay at the employee's regular rate of pay. Such allowance for part-time employees will be pro-rated on the basis of time worked in relation to the hours normally worked by a full- time employee.
Layoff Allowance. Laid off employees shall receive allowance of one weeks pay for each full year of service with a minimum of 2 weeks pay, to a maximum of six (6) weeks pay, to be paid bi-weekly, so long as the layoff continues, provided that the employee is on indefinite, involuntary layoff where no reasonable offer of employment has been made.
Layoff Allowance. Section 1. SCHEDULE Layoff allowance for an employee terminated from the pay- roll on account of reduction in force or because of occupa- tional or non-occupational disability shall be in accordance with the following schedule: Company Service Credit Allowance Less than 12 weeks No allowance At least 12 weeks - But less than 1 year Same proportion of 1 weekʼs pay as completed months of service are of 12 months At least 1 years – But less than 3 years 1 week (or 40 hours) At least 3 years – But less than 5 years 2 weeks (or 80 hours) At least 5 years – But less than 7 years 3 weeks (or 120 hours) At least 7 years – But less than 10 years 4 weeks (or 160 hours) At least 10 years –But less than 11 years 6 weeks (or 240 hours) At least 11 years or more Same as for 10 years plus 1 week (or 40 hours) for each added year of service
Time is Money Join Law Insider Premium to draft better contracts faster.