Notice of Layoff and Severance Requirements. Employees subject to layoff are entitled to layoff notice or pay in lieu of notice at the Employer’s discretion as follows: (1) after three consecutive months of employment, one weeks’ notice or pay in lieu of notice; (2) after 12 consecutive months of employment, two weeks' notice or pay in lieu of notice; (3) after three consecutive years of employment, three weeks' notice or pay in lieu of notice, plus one additional week for each additional completed year of employment up to a maximum total of eight weeks' notice or pay in lieu of notice; or (4) a combination of notice and pay in lieu of notice equivalent to the amount stipulated in (1) through (3) above. The amount the Employer is liable to pay is calculated by totalling the employee’s weekly wages during the last eight weeks in which the employee worked; dividing the total by eight and multiplying the result by the number of weeks wages the Employer is liable to pay.
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement
Notice of Layoff and Severance Requirements.
(a) Employees subject to layoff are entitled to layoff notice or pay in lieu of notice at the Employer’s discretion as follows:
(1) after three consecutive months of employment, one weeks’ notice or pay in lieu of noticelieu;
(2) after 12 consecutive months of employment, two weeks' notice or pay in lieu of noticelieu;
(3) after three consecutive years of employment, three weeks' notice or pay in lieu of noticelieu, plus one additional week for each additional completed year of employment service up to a maximum total of eight weeks' notice or pay in lieu of noticelieu; or
(4) a combination of notice and pay in lieu of notice equivalent to the amount stipulated in (1) through (3) above. .
(b) The amount the Employer is liable to pay is calculated by totalling the employee’s weekly wages during the last eight weeks in which the employee worked; dividing the total by eight and multiplying the result by the number of weeks wages the Employer is liable to pay.
Appears in 1 contract
Samples: Collective Agreement
Notice of Layoff and Severance Requirements. (a) Employees subject to layoff are entitled to layoff notice or pay in lieu of notice at the Employer’s discretion as follows:
(1) after three consecutive months of employment, one weeks’ notice or pay in lieu of noticelieu;
(2) after 12 consecutive months of employment, two weeks' notice or pay in lieu of noticelieu;
(3) after three consecutive years of employment, three weeks' notice or pay in lieu of noticelieu, plus one additional week for each additional completed year of employment service up to a maximum total of eight weeks' notice or pay in lieu of noticelieu; or
(4) a combination of notice and pay in lieu of notice equivalent to the amount stipulated in (1i) through (3iii) above. .
(b) The amount the Employer is liable to pay is calculated by totalling the employee’s weekly wages during the last eight weeks in which the employee worked; dividing the total by eight and multiplying the result by the number of weeks wages the Employer is liable to pay.
Appears in 1 contract
Samples: Collective Agreement