Common use of Period of Service Required Notice Clause in Contracts

Period of Service Required Notice. Up to 1 completed year 1 week 1 to up to 3 completed years 2 weeks 3 to up to 5 completed years 3 weeks Over 5 completed years 4 weeks Employees aged 45 or more, with at least 2 years service at the time of the giving of notice will be entitled to an additional weeks notice by the Company. The Company, at its discretion, may elect to pay wages in lieu of the Employee working such required notice, or part thereof. Where an Employee fails to provide the required notice, the Company may withhold monies from the Employee’s final payment. A week’s pay means 38 hours at the Employee’s ordinary rate of pay without any allowances. When employment is terminated, the Company will pay the Employee any wages owed and any other entitlements, by electronic funds transfer into the Employee’s bank account on the next payroll run following the Employees last day of work. Where possible and practicable, termination payments will be transferred on the day of termination of employment. Note – Notice in accordance with this clause is not required where an Employee is summarily dismissed as a result of serious or wilful misconduct.

Period of Service Required Notice. Up to 1 completed year 1 week 1 to up to 3 completed years 2 weeks 3 to up to 5 completed years 3 weeks Over 5 completed years 4 weeks Employees aged 45 or more, with at least 2 years years’ service at the time of the giving of notice will be entitled to an additional weeks weeks’ notice by the Company. The Company, at its discretion, may elect to pay wages in lieu of the Employee working such required notice, or part thereof. Where an Employee fails to provide the required notice, the Company may withhold monies from the Employee’s final payment. A week’s pay means 38 hours at the Employee’s ordinary rate of pay without any allowances. When employment is terminated, the Company will pay the Employee any wages owed and any other entitlements, by electronic funds transfer into the Employee’s bank account on the next payroll run following the Employees last day of work. Where possible and practicable, termination payments will be transferred on the day of termination of employment. Note – Notice in accordance with this clause is not required where an Employee is summarily dismissed as a result of serious or wilful misconduct.