Retrenchment benefit. An employer must pay an employee who is dismissed for reasons based on the employer's operational requirements, severance pay, equal to at least one week's remuneration for each completed year of continuous service with that employer, unless the employer has been exempted from the provisions of section 196 (1) of the Act by the Minister.
Retrenchment benefit. 6.2.17 A Staff Member who is retrenched will be entitled to the following payments:
Retrenchment benefit. (1) In the event of a situation of redundancy, the Company shall inform the Union, in writing, one (1) month in advance before retrenchment notice is given to the affected employees.
Retrenchment benefit. (1) In the event that the Company intends to retrench any employees due to redundancy or reorganisation, the Company shall inform the Union in writing of such impending retrenchments at least one month before the retrenchment notices are given to the affected employees.
Retrenchment benefit. (1) An employee shall be paid a retrenchment benefit on the termination of service on the ground of bona fide redundancy or because the Club ceases business or the Club is placed under receivership, judicial management or on the grounds of winding- up or liquidation whether voluntarily or involuntarily at the following rate: One (1) month’s last drawn salary for each year of continuous service with the Club, up to a maximum of twenty-five (25) years of service, and a proportionate part thereof for any incomplete year of service.
Retrenchment benefit. (1) In the event of redundancy or because the Club ceases business or the Club is placed under receivership, judicial management or by reason of re-organisation, or on grounds of winding up or liquidation whether voluntarily or involuntarily, the Club shall pay a retrenchment benefit to all affected employees at the following rate:
Retrenchment benefit. (1) Subject to the provisions of section 45 of the Employment Act and sub-clause (2) below, an employee shall be paid a retrenchment benefit on the termination of his service on grounds of bona fide redundancy or by reason of any reorganisation, liquidation or voluntary or involuntary winding up at the rate of one month's last drawn basic salary for each year of continuous service with the Hotel, subject to a maximum of 25 months’ basic salary, and a proportionate part thereof for any incomplete year of service from the date of joining the company.
Retrenchment benefit. 12.4 SACTWU’s HIV/AIDS Project ..............................................................................
