Common use of Calculation of Payments Clause in Contracts

Calculation of Payments. (i) Where an Eligible Employee’s employment is terminated, in accordance with this clause 26, prior to returning to work from parental leave, any severance pay (including notice) and any other amount owing to the Employee will be based on the higher of: A. the position the Eligible Employee held immediately before proceeding on parental leave; or B. in the case of an Eligible Employee who transferred to a safe job pursuant to subclause 70.14, the position they held immediately before such transfer; calculated at the hourly rate at the time the termination takes effect. An Eligible Employee works 30 hours a week (Job A) prior to transferring to a safe job which is at a lower pay rate and is for only 25 hours a week (Job B). A wage increase occurs during the parental leave. Redundancy is calculated on the basis of Job A’s rate of pay as increased during the period of parental leave and its greater number of hours per week. (ii) In the event that the Eligible Employee consents to the termination of employment due to redundancy during paid parental leave, the Eligible Employee will receive the full amount of paid parental leave and superannuation under subclauses 70.5 and 30.5.

Calculation of Payments. (i) Where an Eligible Employee’s employment is terminated, in accordance with this clause 26, prior to returning to work from parental leave, any severance pay (including notice) and any other amount owing to the Employee will be based on the higher of: A. the position the Eligible Employee held immediately before proceeding on parental leave; or B. in the case of an Eligible Employee who transferred to a safe job pursuant to subclause 70.1470.16, the position they held immediately before such transfer; calculated at the hourly rate at the time the termination takes effect. An Eligible Employee works 30 hours a week (Job A) prior to transferring to a safe job which is at a lower pay rate and is for only 25 hours a week (Job B). A wage increase occurs during the parental leave. Redundancy is calculated on the basis of Job A’s rate of pay as increased during the period of parental leave and its greater number of hours per week. (ii) In the event that the Eligible Employee consents to the termination of employment due to redundancy during paid parental leave, the Eligible Employee will receive the full amount of paid parental leave and superannuation under subclauses 70.5 70.7 and 30.5.

Calculation of Payments. (i) Where an Eligible Employee’s employment is terminated, in accordance with this clause 26, prior to returning to work from parental leave, any severance pay (including notice) and any other amount owing to the Employee will be based on the higher of: A. the position the Eligible Employee held immediately before proceeding on parental leave; or B. in the case of an Eligible Employee who transferred to a safe job pursuant to subclause 70.1470.14,70.16, the position they held immediately before such transfer; calculated at the hourly rate at the time the termination takes effect. An Eligible Employee works 30 hours a week (Job A) prior to transferring to a safe job which is at a lower pay rate and is for only 25 hours a week (Job B). A wage increase occurs during the parental leave. Redundancy is calculated on the basis of Job A’s rate of pay as increased during the period of parental leave and its greater number of hours per week. (ii) In the event that the Eligible Employee consents to the termination of employment due to redundancy during paid parental leave, the Eligible Employee will receive the full amount of paid parental leave and superannuation under subclauses 70.5 and 30.5.70.7 and 30.5.