Common use of Redundancy Pay Clause in Contracts

Redundancy Pay. A redundant employee shall receive redundancy/severance payments, calculated as follows, in respect of all Continuous Service (as defined) with the employer. Period of continuous service Severance pay Less than 1 year Nil 1 year and less than 2 years 4 weeks’ pay 2 years and less than 3 years 6 weeks’ pay 3 years and less than 4 years 7 weeks’ pay 4 years or more 8 weeks’ pay "Weeks' pay" means the ordinary time rate of pay at the time of termination for the employee concerned.

Redundancy Pay. A redundant employee shall receive redundancy/severance payments, calculated as follows, in respect of all Continuous Service (as defined) with the employer. employer Period of continuous service Severance pay Less than 1 year Nil 1 year and less than 2 years 4 weeks’ ' pay 2 years and less than 3 years 6 weeks’ ' pay 3 years and less than 4 years 7 weeks’ ' pay 4 years or more 8 weeks’ pay "Weeks' pay" means the ordinary time rate of pay at the time of termination for the employee concerned.

Redundancy Pay. A redundant employee 33.3.1 In addition to the Notice of Termination provisions contained in sub-clause 33.2, a permanent Employee shall receive redundancySeverance/severance payments, calculated as follows, Redundancy Pay for each completed year of service with the employer in respect accordance with the following schedule: Period of all Continuous Service (as defined) with the employer. Employer upon Termination Severance/Redundancy Pay Period of continuous service Severance pay Less than At least 1 year Nil 1 year and but less than 2 years 4 weeks’ pay weeks At least 2 years and but less than 3 years 6 weeks’ pay weeks At least 3 years and but less than 4 years 7 weeks’ pay weeks Greater than 4 years or more 8 2 weeks for each completed year of service with the Employer up to a maximum of 52 weeks’ pay "Weeks' pay" means the ordinary time rate of pay at the time of termination for the employee concerned.

Redundancy Pay. A redundant employee shall receive redundancy/severance payments, calculated as follows, in respect of all Continuous Service (as defined) with the employer. Period of continuous service Severance pay Less than 1 year Nil 1.75 hours per pay completed week of service up to a maximum of 2 weeks' pay 1 year and less than 2 years 4 2 weeks’ pay 2 years and less than 3 years 6 4 weeks’ pay 3 years and less than 4 years 7 6 weeks’ pay 4 years or more and less than 5 years 8 weeks’ pay "Weeks' 5 years and less than 6 years 10 weeks’ pay 6 years and less than 7 years 12 weeks’ pay 7 years and less than 8 years 14 weeks’ pay 8 years or more 16 weeks’ pay" means the ordinary time rate of pay at the time of termination for the employee concerned.

Redundancy Pay. A redundant employee shall receive redundancy/severance payments, calculated as follows, in respect of all Continuous Service (as defined) with the employer. Period of continuous service Severance pay Less than 1 year Nil 1.75 hours per pay completed week of service up to a maximum of 2 weeks' pay 1 year and less than 2 years 4 2 weeks’ pay 2 years and less than 3 years 6 4 weeks’ pay 3 years and less than 4 years 7 6 weeks’ pay 4 years or and more 8 weeks’ pay "Weeks' pay" means the ordinary time rate of pay at the time of termination for the employee concerned.

Redundancy Pay. A redundant employee shall receive redundancy/severance payments, calculated as follows, in respect of all Continuous Service (as defined) with the employer. employer Period of continuous service Severance pay Less than 1 year Nil 1 year and less than 2 years 4 weeks’ pay 2 years and less than 3 years 6 weeks’ pay 3 years and less than 4 years 7 weeks’ pay 4 years or more 8 weeks’ pay "Weeks' pay" means the ordinary time rate of pay at the time of termination for the employee concerned.

Redundancy Pay. A redundant employee shall receive redundancy/severance payments, calculated as follows, in respect of all Continuous Service (as defined) with the employer. Period of continuous service Severance pay Less than 1 year Nil 1.75 hours per pay completed week of service up to a maximum of 2 weeks' pay 1 year and less than 2 years 4 2 weeks’ ` pay 2 years and less than 3 years 6 4 weeks’ ` pay 3 years and less than 4 years 7 6 weeks’ ` pay 4 years or and more 8 weeks’ pay "Weeks' ` pay" means the ordinary time rate of pay at the time of termination for the employee concerned.