Common use of Layoff Allowance Clause in Contracts

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.

Appears in 2 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement

Layoff Allowance. Laid off employees shall receive allowance of one weeks week's pay for each full year of service with a minimum of 2 weeks pay, to with a maximum of six eight (6) 8) weeks pay, pay to be paid bi-weekly, weekly so long as the layoff continues, provided that the employee is on indefinite, involuntary layoff where no reasonable offer of employment has been mademade or on a voluntary layoff offered by the Employer.

Appears in 2 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement

Layoff Allowance. Laid off employees shall receive allowance of one weeks week of pay for each full year of service with a minimum of 2 weeks of pay, to a maximum of six (6) 8 weeks of 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 mademade or on a voluntary layoff offered by the Employer.

Appears in 1 contract

Sources: Collective Bargaining Agreement