LAY-OFF PAY. If an employee is laid off for a period that exceeds his right to recall as provided for in the seniority provisions of this agreement and that employee has a minimum of two (2) years' service with the Company he shall be paid two (2) weeks' pay based on eighty (80) hours at his then applicable rate of pay. Such an employee may elect to accept lay-off pay under the provisions of this Section before the end of his right to recall period, but in so doing shall forfeit all seniority rights accruing to him under this Agreement, by reason of his term of service with the Company.
LAY-OFF PAY. If an Employee is laid off for a period that exceeds his/her right to recall as provided for in the seniority provisions of this Agreement, he/she shall be entitled to the following grid as per his/her entitlement minus any notice given in lieu of pay: An Employee may elect to accept lay-off pay under the provisions of this section before the end of his right to recall period, but in so doing shall forfeit all seniority rights accruing to him/her under this Agreement, by reason of his term of service with the Employer.
LAY-OFF PAY. An Employee to be laid-off shall be given three months' notice, or three months' pay in lieu thereof. In addition, a laid-off Employee shall receive continuation of salary equal to one month of salary for each year of service (pro-rated for parts thereof), up to a maximum of 18 months of salary. The total pay-out shall not exceed 21 months of salary.
LAY-OFF PAY. If an employee is laid off for a period that exceeds his right to recall as provided for in the seniority provisions of this Agreement and that employee has a minimum of two (2) years' service with the Company he shall be paid two (2) weeks' pay based on eighty (80) hours at his then applicable rate of pay. Such an employee may elect to accept lay- off pay under the provisions of this Section before the end of his right to recall period, but in so doing shall forfeit all seniority rights accruing to him under this Agreement, by reason of his term of service with the Company. SEVERANCE PAY: In the event of amalgamation, permanent closure of the plant, or a department thereof, or automation, causing an employee to lose his employment with the Company, the Company hereby agrees to pay severance pay to such an employee provided the employee has a minimum two (2) years' service with the Company. Severance pay shall be two (2) week’s pay for each year of completed service and shall be based on an employee’s regular rate of pay at the date of his severance. In the event that part of the plant remains open or that an employee has lost his employment because of amalgamation or automation, an employee eligible to receive severance pay may elect to remain on the seniority list for possible recall. The Company shall hold the severance pay for such an employee for the period of his right to recall but during such period the employee may, subject to the same forfeiture provisions of Sub- section (a) of this Section, request and receive payment of such pay.
LAY-OFF PAY. An employee who is permanently laid off, or otherwise terminated (except for just cause) will receive severance pay or given notice in writing as set out below. From six (6) months to two (2) years of service – two (2) weeks severance or notice or combination up to two (2) weeks. For each additional year of service - one (1) week's severance or notice to a maximum of twelve (12) weeks for twelve (12) years of service. The above is payable after twelve (12) months of layoff, at which time the employee loses his or her right to recall. An employee can claim his/her severance after thirteen (13) consecutive weeks of layoff if he or she terminates employment and waives recall rights under the collective agreement. Years of service shall be interpreted to mean the total numbers of years of service between the date of employment and the date on which the employee's job ceases. The employee may elect to receive his severance pay either in a single lump sum, or in equal biweekly payments to be spread over as many weeks as are included in his or her severance pay allowance. Anytime an employee is paid severance they waive recall rights under the collective agreement.
LAY-OFF PAY. If an employee is laid off for a period that exceeds his right to recall as provided for in the seniority provisions of this agreement, he shall be entitled to the following grid as per his entitlement:
LAY-OFF PAY. If an Employee is laid off for a period that exceeds his/her right to recall as provided for in the seniority provisions of this Agreement, he/she shall be entitled to the following grid as per his/her entitlement minus any notice given in lieu of pay: More than three (3) months but less than two (2) years: 1 week pay or notice Two (2) years but less than four (4) years: 3 weeks’ pay or notice Four (4) years but less than six (6) years: 5 weeks’ pay or notice Six (6) years but less than eight (8) years: 6 weeks’ pay or notice Eight (8) years but less than ten (10) years: 7 weeks’ pay or notice Ten (10) years or more: 10 weeks’ pay or notice An Employee may elect to accept lay-off pay under the provisions of this section before the end of his right to recall period, but in so doing shall forfeit all seniority rights accruing to him/her under this Agreement, by reason of his term of service with the Employer.
LAY-OFF PAY. Any xxxxxxx being laid off, not having been notified at least one
LAY-OFF PAY. An employee who has at least two (2) years service with the Company may elect to accept lay-off pay under the provisions of this Section using the calculation provisions of Article
LAY-OFF PAY. An employee who has at least twelve (12) months service with the Company may elect to accept lay-off pay under the provisions of this Section using the calculation provisions of Article 15.14 before the end of his right to recall period. In so doing he shall forfeit all seniority rights accruing to him under this Agreement. At no time shall this amount be less than that provided by the Employment Standards Act of British Columbia.
