Layoffs and Severance Pay. Layoffs shall occur only at 12:00 noon and at 4:30 p.m. Upon being laid off, each employee shall receive severance pay of one (1) hour at the regular hourly rate.
Appears in 12 contracts
Samples: Commercial Collective Agreement, Collective Agreement, Commercial Collective Agreement
Layoffs and Severance Pay. Layoffs shall occur only at 12:00 noon and at 4:30 p.m. Upon being laid off, each employee shall receive severance pay of one two (12) hour hours at the regular hourly rate. This clause does not include a temporary layoff of five (5) days or less. If not rehired within five (5) days, the employer must pay the two (2) hours' severance pay plus vacation pay.
Appears in 4 contracts
Samples: Labour Agreement, Labour Agreement, Labour Agreement
Layoffs and Severance Pay. Layoffs shall occur only at 12:00 noon and at 4:30 p.m. Upon being laid off, each end of the day. Each employee shall receive severance pay two (2) hours notice of layoff or receive one (1) hour pay in lieu of such notice at the his regular hourly raterate of pay.
Appears in 1 contract
Samples: Collective Agreement
