Redundancy Pay. 22.9 A redundant employee will receive redundancy/severance payments, calculated as follows, in respect of all continuous service (as defined by this Agreement) with the employer. Period of continuous service with the employer Redundancy/severance pay 1 year or more but less than 2 years 2.4 weeks’ pay plus, for all service in excess of 1 year, 1.75 hours pay per completed week of service up to a maximum of 4.8 week’s pay 2 years or more but less than 3 years 4.8 weeks’ pay plus, for all service in excess of 2 years, 1.6 hours pay per completed week of service up to a maximum of 7 week’s pay 3 years or more but less than 4 years 7 weeks’ pay plus, for all service in excess of 3 years, 0.73 hours pay per completed week of service up to a maximum of 8 week’s pay 4 years or more 8 weeks’ pay Provided that an employee employed for less than twelve months will be entitled to a redundancy/severance payment of 1.75 hours per week of service if, and only if, redundancy is occasioned otherwise than by the employee.
Redundancy Pay. (a) In addition to the period of notice prescribed for ordinary termination, an Employee whose employment is terminated by reason of redundancy, shall be entitled to the following amount of redundancy pay in respect of a continuous period of service, subject to the operation of clause 19.5(d): Period of continuous service Severance pay 1 year 4 weeks’ pay 2 years 6 weeks’ pay 3 years 7 weeks’ pay 4 years 8 weeks’ pay 5 years 10 weeks’ pay 6 years 11 weeks’ pay 7 years 13 weeks’ pay 8 years 14 weeks’ pay 9 years 16 weeks’ pay 10 years and over 12 weeks’ pay
Redundancy Pay. (a) An employee whose employment is terminated by reason of redundancy is entitled to the following amount of redundancy pay in respect of a period of continuous service: Period of continuous service Redundancy 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 and less than 5 years 8 weeks' pay 5 years and less than 6 years 10 weeks' pay 6 years and less than 7 years 11 weeks' pay 7 years and less than 8 years 13 weeks' pay 8 years and less than 9 years 14 weeks' pay 9 years or more 16 weeks' pay 10 years or over 18 weeks pay * Week's pay is defined in 3.4.l(d).
Redundancy Pay. 2.8.1 In the event that the contract of a teacher is terminated by a board of education pursuant to Section 210(1)(b) of The Education Act, 1995, the teacher shall be entitled to receive a lump sum payment of an amount determined:
Redundancy Pay a) An employee is entitled to redundancy pay if the employee’s employment is terminated:
Redundancy Pay. 12.3.1 In addition to the period of notice prescribed for ordinary termination, an employee whose employment is terminated by reason of redundancy, shall be entitled to the following amount of redundancy pay in respect of a continuous period of service: Period of continuous service Redundancy pay At completion of one year 4 week’s pay At completion of two years 6 week’s pay At completion of three years 7 week’s pay At completion of four years 8 week’s pay
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. Where the Employer decides to terminate an Employee’s employment and the Employee cease to work for the Employer because the Employer has made the Employee’s position redundant then, as well as notice or payment in place of notice, the Employer will pay the Employee a redundancy payment according to the following table: Employee’s period of continuous service with the employer on termination Redundancy pay At least 1 year but less than 2 years 4 weeks At least 2 years but les than 3 years 6 weeks At least 3 years but less than 4 years 7 weeks At least 4 years but less than 5 years 8 weeks At least 5 years but less than 6 years 10 weeks At least 6 years but less than 7 years 11 weeks At least 7 years but less than 8 years 13 weeks At least 8 years but less than 9 years 14 weeks At least 9 years but less than 10 years 16 weeks At least 10 years 12 weeks
Redundancy Pay. (a) In addition to the period of notice prescribed for ordinary termination, an employee whose employment is terminated by reason of redundancy, shall be entitled to the following amount of redundancy pay in respect of a continuous period of service: Period of continuous service Severance pay
Redundancy Pay a) This subclause shall apply where an employee is terminated due to voluntary redundancy. A council shall be exempt from the operation of this subclause where the employee concerned has been offered, but has refused to accept, an alternative position within the council's organisation structure of comparable skill and accountability levels and remuneration no less than the position previously held by the employee.
