Redundancy Payment Sample Clauses

Redundancy Payment. 27.21.1 If you were last engaged before 6 April 1990 you are paid under Scale 1 (but a minimum of Scale 2 applies). If you were engaged after that you are paid under scale 2.
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Redundancy Payment. (1) In the event that the employer and employee agree on transferring from the redundancy payment provisions of the Austrian Act on Salaried Employment/Redundancy Payment Act to the BMVG (Company Employee Severance Funds Act), both the employer and the employee are entitled to withdraw from the transfer agreement within one month from the signing of the agreement without providing any reasons. This does not apply if the transfer agreement is governed by a company agreement according to Art. 97 (1) 26 of the Austrian Labour Constitution Act (ArbVG) (determination of framework conditions for the transfer to the redundancy payment provisions of the BMVG).
Redundancy Payment. (a) Where employment is terminated because of redundancy, an Employee will be entitled to four (4) weeks’ redundancy pay for between the first and second years of service (in accordance with the NES) and then, three (3) weeks per year of continuous service thereafter, at the Permanent Employee’s current Aggregate Salary and pro-rata for completed months.
Redundancy Payment. In the event that an employee is made redundant they are entitled to redundancy payments as per the following provisions. Payment will be based on the following: • One months notice of redundancy or payment in lieu of notice; and • 10 percent of total ordinary pay for the preceding 12 months; and
Redundancy Payment. Employees shall receive redundancy pay of four (4) weeks ordinary pay for each completed year of service plus a pro-rata amount of one-third (1/3) of a week’s ordinary pay for each completed month of service rendered in the employee’s final year of employment.
Redundancy Payment. Any payment made in accordance with the terms of the Civil Service Compensation Scheme in force as at the Commencement Date and applicable to Public Sector Employees Relevant Transfer: has the meaning ascribed to it in clause 1.1 of this agreement. Retained Employees: those employees employed by the Service Provider immediately prior to the Service Transfer Date and who after the Service Transfer Date will provide the Services in addition to the Transferring Employees and any New Employees .
Redundancy Payment. 68.1 An employee must have 12 months’ continuous service with AgriFutures to qualify for a redundancy payment.
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Redundancy Payment. If you are a permanent staff member ACC will make a redundancy payment as follows: 3 months base salary; Note The total amount paid to staff members under these provisions shall not exceed $43,260. The redundancy payment will be made in a lump sum and taxed at the appropriate rate as stipulated under the Income Tax Act 1976 and amendments. The redundancy payment will be payable in the pay period following the date of termination. The payment to be made will be contingent on you remaining at work and performing your normal duties until the expiry of the period of notice, unless the appropriate General Manager approves otherwise. The date of termination is your last day of work.
Redundancy Payment. 71.9.1 A redundancy payment will comprise (A) + (B) + (C) + (D) + (E) as prescribed in Table 1 of this Clause 71.9, provided that (A) + (B) + (C) will not exceed 82 weeks in total.
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