Common use of Enhanced Severance Payments Clause in Contracts

Enhanced Severance Payments. (a) Employees who have completed ninety (90) days employment will receive 54 hours pay. (b) Employees with one year seniority will received 108 hours pay. (c) For each completed year of seniority, the employee will receive an additional 54 hours pay. (d) Severance will not exceed the equivalent of 810 hours pay.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

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Enhanced Severance Payments. (a) Employees who have completed ninety (90) days employment will receive 54 60 hours pay. (b) Employees with one year seniority will received 108 120 hours pay. (c) For each completed year of seniority, the employee will receive an additional 54 60 hours pay. (d) Severance will not exceed the equivalent of 810 900 hours pay.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

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