Common use of Calculation of Severance Allowance Clause in Contracts

Calculation of Severance Allowance. A) Proportionate payment shall be made to eligible employees for periods of service of less than two (2) years. The proportionate payment shall be calculated on the following basis: Hours paid * (excluding overtime) in the two year period x 1 week’s pay 1879.2** x 2 ** In the calculation of severance allowance, hours worked up to the first pay period prior to September 30, 1993 will be based on 1957.5. B) Years of service for severance allowance purposes for part-time employees shall be calculated on the following basis: * Includes leave without pay up to twenty (20) work days. (Reference Article 37 – Leave of Absence – General.) C) Periods of service cannot be used more than once for calculating severance allowance.

Appears in 4 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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Calculation of Severance Allowance. ‌ (A) Proportionate payment shall be made to eligible employees for periods of service of less than two (2) years. The proportionate payment shall be calculated on the following basis: Hours paid * (excluding overtime) in the two year period x 1 week’s pay 1879.2** x 2 ** In the calculation of severance allowance, hours worked up to the first pay period prior to September 30, 1993 will be based on 1957.5. Hours worked between the first pay period prior to September 30, 1993 and the first pay period prior to April 1, 2013 will be based on 1879.2 hours. (B) Years of service for severance allowance purposes for part-time employees shall be calculated on the following basis: * Includes leave without pay up to twenty (20) work days. (Reference Article 37 – Leave of Absence – General.) (C) Periods of service cannot be used more than once for calculating severance allowance.

Appears in 3 contracts

Samples: Provincial Collective Agreement, Provincial Collective Agreement, Provincial Collective Agreement

Calculation of Severance Allowance. (A) Proportionate payment shall be made to eligible employees for periods of service of less than two (2) years. The proportionate payment shall be calculated on the following basis: Hours paid paid* (excluding overtime) in the two year period x 1 week’s pay 1879.21950** x 2 ** In the calculation of severance allowance, hours worked up to the first pay period prior to September 30, 1993 will be based on 1957.5. Hours worked between the first pay period prior to September 30, 1993 and the first pay period prior to April 1, 2013 will be based on 1879.2 hours. (B) Years of service for severance allowance purposes for part-time employees shall be calculated on the following basis: * Includes leave without pay up to twenty (20) work days. (Reference Article 37 – Leave of Absence – General.) (C) Periods of service cannot be used more than once for calculating severance allowance.

Appears in 3 contracts

Samples: Provincial Collective Agreement, Provincial Collective Agreement, Provincial Collective Agreement

Calculation of Severance Allowance. (A) Proportionate payment shall be made to eligible employees for periods of service of less than two (2) years. The proportionate payment shall be calculated on the following basis: Hours paid paid* (excluding overtime) in the two year period x 1 week’s pay 1879.2** x 2 ** In the calculation of severance allowance, hours worked up to the first pay period prior to September 30, 1993 will be based on 1957.5. (B) Years of service for severance allowance purposes for part-time employees shall be calculated on the following basis: Total hours paid* (excluding overtime) 1879.2** * Includes leave without pay up to twenty (20) work days. (Reference Article 37 - Leave of Absence – - General.) (C) Periods of service cannot be used more than once for calculating severance allowance.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

Calculation of Severance Allowance. (A) Proportionate payment shall be made to eligible employees for periods of service of less than two (2) years. The proportionate payment shall be calculated on the following basis: Hours paid paid* (excluding overtime) in the two year period x 1 week’s pay 1879.2** x 2 ** In the calculation of severance allowance, hours worked up to the first pay period prior to September 30, 1993 will be based on 1957.5. (B) Years of service for severance allowance purposes for part-time employees shall be calculated on the following basis: * Includes leave without pay up to twenty (20) work days. (Reference Article 37 – Leave of Absence – General.) (C) Periods of service cannot be used more than once for calculating severance allowance.

Appears in 2 contracts

Samples: Provincial Collective Agreement, Provincial Collective Agreement

Calculation of Severance Allowance. ‌ (A) Proportionate payment shall be made to eligible employees for periods of service of less than two (2) years. The proportionate payment shall be calculated on the following basis: Hours paid paid* (excluding overtime) in the two year period x 1 week’s pay 1879.21950** x 2 ** In the calculation of severance allowance, hours worked up to the first pay period prior to September 30, 1993 will be based on 1957.5. Hours worked between the first pay period prior to September 30, 1993 and the first pay period prior to April 1, 2013 will be based on 1879.2 hours. (B) Years of service for severance allowance purposes for part-time employees shall be calculated on the following basis: * Includes leave without pay up to twenty (20) work days. (Reference Article 37 – Leave of Absence – General.) (C) Periods of service cannot be used more than once for calculating severance allowance.

Appears in 2 contracts

Samples: Provincial Collective Agreement, Provincial Collective Agreement

Calculation of Severance Allowance. (A) Proportionate payment shall be made to eligible employees for periods of service of less than two (2) years. The proportionate payment shall be calculated on the following basis: Hours paid paid* (excluding overtime) in the two year period x 1 week’s 's pay 1879.2** x 2 ** In the calculation of severance allowance, hours worked up to the first pay period prior to September 30, 1993 will be based on 1957.5. (B) Years of service for severance allowance purposes for part-time employees shall be calculated on the following basis: * Includes leave without pay up to twenty (20) work days. (Reference Article 37 Leave of Absence – General.) (C) Periods of service cannot be used more than once for calculating severance allowance.

Appears in 1 contract

Samples: Collective Agreement

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Calculation of Severance Allowance. (A) Proportionate payment shall be made to eligible employees for periods of service of less than two (2) years. The proportionate payment shall be calculated on the following basis: Hours paid * (excluding overtime) in the two year period x 1 week’s pay 1879.2** x 2 ** In the calculation of severance allowance, hours worked up to the first pay period prior to September 30, 1993 will be based on 1957.5. (B) Years of service for severance allowance purposes for part-time employees shall be calculated on the following basis: Total hours paid* (excluding overtime) 1879.2** * Includes leave without pay up to twenty (20) work days. (Reference Article 37 - Leave of Absence – - General.) (C) Periods of service cannot be used more than once for calculating severance allowance.

Appears in 1 contract

Samples: Collective Agreement

Calculation of Severance Allowance. ‌ (A) Proportionate payment shall be made to eligible employees for periods of service of less than two (2) years. The proportionate payment shall be calculated on the following basis: Hours paid * (excluding overtime) in the two year period x 1 week’s pay 1879.2** x 2 ** In the calculation of severance allowance, hours worked up to between the first pay period prior to September 30, 1993 and the first pay period prior to April 1, 2013 will be based on 1957.51879.2 hours. (B) Years of service for severance allowance purposes for part-time employees shall be calculated on the following basis: * Includes leave without pay up to twenty (20) work days. (Reference Article 37 – Leave of Absence – General.) (C) Periods of service cannot be used more than once for calculating severance allowance.

Appears in 1 contract

Samples: Provincial Collective Agreement

Calculation of Severance Allowance. (A) Proportionate payment shall be made to eligible employees for periods of service of less than two (2) years. The proportionate payment shall be calculated on the following basis: Hours paid * (excluding overtime) in the two year period x 1 week’s pay 1879.2** 1950 x 2 ** In the calculation of severance allowance, hours worked up to the first pay period prior to September 30, 1993 will be based on 1957.5. Hours worked between the first pay period prior to September 30, 1993 and the first pay period prior to April 1, 2013 will be based on 1879.2 hours. (B) Years of service for severance allowance purposes for part-time employees shall be calculated on the following basis: * Includes leave without pay up to twenty (20) work days. (Reference Article 37 – Leave of Absence – General.) (C) Periods of service cannot be used more than once for calculating severance allowance.

Appears in 1 contract

Samples: Collective Agreement

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