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 (at company’s instigation) Exercisable for a period of 90 days following termination.

• The Company and representatives of the Unions will, with immediate effect, commence with consultation sessions to discuss all possible avoidance measures on or before 26 August 2004 viz, in accordance with the relevant Retrenchment Agreements.

• Executive Severance Pay Plan dated August 2011 as further described in the Termination, Retrenchment and Loss of Office Letter Agreement between the parties dated December 3, 2015 (the “Letter Agreement”), Xxxxx Xxxxxxxx (the “Executive”) intending to be legally bound, hereby irrevocably and unconditionally releases and forever discharges Kulicke and Xxxxx Industries, Inc.

• Site ID _____________ Number of Employees _________________ Description of the Program Magnitude of the retrenchment Retrenchment methods and procedures Compliance with local labor legislation Compensation provided to retrenched workers Assistance provided to retrenched workers, including outplacement services __________________________________________ 15 through company system, national system, other.

• Retrenchment is expected to be completed early this year.All-in sustaining cost guidance of $990 to $1,070 per ounce for 2018 reflects continued progress with initiatives to improve productivity and optimize performance across the sites.

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.