Common use of Notice and Severance Pay Clause in Contracts

Notice and Severance Pay. Where the Association is to lay off a regular employee, it will provide two (2) weeks’ notice. The Association may at its discretion provide additional notice time. The employee during this two (2) week period will determine the following: i) If the employee would like to displace an employee in accordance with the provisions of article 7.02; or ii) Be placed on the layoff list for recall. Employees on the layoff list will be offered available temporary shifts on the basis of seniority, provided the employee has the qualifications, skills and demonstrated ability to do the job; or iii) Accept severance pay, thereby terminating their employment. Notwithstanding Article 7.02, severance pay shall be equivalent to one (1) week for each full year of service completed since the commencement of the employee’s seniority date to a maximum of twenty-eight (28) weeks. The amount of any severance payment will be reduced by any additional notice time provided by the Association and taken by the employee who exceeds as noted above, the two (2) week notice period. An employee may choose to receive a severance payment while on layoff awaiting recall. Employees who do not return to work within the appropriate time frame as set out in 4.03(d) will be entitled to severance pay, the calculation taking into account any additional notice time that may have occurred.

Notice and Severance Pay. Where the Association is to lay off a regular employee, it will provide two (2) weeks’ weeks notice. The Association may at its discretion provide additional notice time. The employee during this two (2) week period will determine the following: i) If the employee she would like to displace an employee in accordance with the provisions of article 7.02; or ii) Be placed on the layoff list for recall. Employees on the layoff list will be offered available temporary shifts on the basis of seniority, provided the employee she has the qualifications, skills and demonstrated ability to do the job; or iii) Accept severance pay, thereby terminating their her employment. Notwithstanding Article 7.02, severance pay shall be equivalent to one (1) week for each full year of service completed since the commencement of the employee’s her seniority date to a maximum of twenty-eight (28) weeks. The amount of any severance payment will be reduced by any additional notice time provided by the Association and taken by the employee who that exceeds as noted above, the two (2) week notice period. An employee may choose to receive a severance payment while on layoff awaiting recall. Employees who that do not return to work within the appropriate time frame as set out in 4.03(d) will be entitled to severance pay, the calculation taking into account any additional notice time that may have occurred.

Notice and Severance Pay. Where the Association is to lay off a regular employee, it will provide two (2) weeks’ ' notice. The Association may at its discretion provide additional notice time. The employee during this two (2) week period will determine the following: i) If the employee would like to displace an employee in accordance with the provisions of article 7.02; or ii) Be placed on the layoff list for recall. Employees on the layoff list will be offered available temporary shifts on the basis of seniority, provided the employee has the qualifications, skills and demonstrated ability to do the job; or iii) Accept severance pay, thereby terminating their employment. Notwithstanding Article 7.02, severance pay shall be equivalent to one (1) week for each full year of service completed since the commencement of the employee’s 's seniority date to a maximum of twenty-eight (28) weeks. The amount of any severance payment will be reduced by any additional notice time provided by the Association and taken by the employee who exceeds as noted above, the two (2) week notice period. An employee may choose to receive a severance payment while on layoff awaiting recall. Employees who do not return to work within the appropriate time frame as set out in 4.03(d) will be entitled to severance pay, the calculation taking into account any additional notice time that may have occurred.