Notice options. 6.3.1 Employees who receive a surplus status notice have a minimum period of thirty (30) days to consider the options below before making a decision. 6.3.2 The employee must present their choice in writing; note that once an option has been chosen, it cannot be altered. 6.3.3 The options are: (a) during the notice period, the employee remains on the payroll and occupies a position similar to his former position, based on the operational requirements of the NFB; or (b) during the notice period, the employee remains on the payroll but is not required to report for work. She continues to receive her salary and benefits; or (c) the employee immediately receives a lump sum in lieu of notice. He will receive: a lump sum equivalent to his regular pay for the entire period of notice; severance pay for lay-off in accordance with the provisions of the collective agreement; and all other benefits provided for in the collective agreement. At the employee’s request, the lump sum shall be issued in one (1) or two (2) payments over a maximum period of two (2) years.
Appears in 3 contracts
Samples: Collective Bargaining Agreement, Collective Agreement, Collective Agreement
Notice options. 6.3.1 Employees who receive a surplus status notice have a minimum period of thirty (30) days to consider the options below before making a decision.
6.3.2 The employee must present their choice in writing; note that once an option has been chosen, it cannot be altered.
6.3.3 The options are:
(a) during the notice period, the employee remains on the payroll and occupies a position similar to his former position, based on the operational requirements of the NFB; or
(b) during the notice period, the employee remains on the payroll but is not required to report for work. She continues to receive her salary and benefits; or
(c) the employee immediately receives a lump sum in lieu of notice. He will receive: a lump sum equivalent to his regular pay for the entire period of notice; severance pay for lay-off in accordance with the provisions of the collective agreement; and all other benefits provided for in the collective agreement. At the employee’s request, the lump sum shall be issued in one
(1) or two (2) payments over a maximum period of two (2) years.
Appears in 2 contracts
Samples: Collective Agreement, Collective Bargaining Agreement
