Process of Voluntary Resignation Sample Clauses

Process of Voluntary Resignation. Where there is mutual agreement to ask for volunteers, the following process will apply:
AutoNDA by SimpleDocs
Process of Voluntary Resignation. 2.1 Employees shall have five (5) work days following receipt of the notice to submit their application for Voluntary Resignation and Severance Payment. 2.2 The Employer will assess the level of interest and determine provisional acceptance, subject to operational requirements in accordance with this Memorandum. 2.3 Employees shall, within fifteen (15) work days following a meeting with a representative of Human Resources, indicate their decision with respect to voluntary resignation. The actual date of voluntary resignation will occur with the agreement of the Employer. Upon resignation, the employee will be entitled to the severance under this Memorandum. 2.4 Where the Employer reaches its reduction target through this voluntary method, the process ceases.
Process of Voluntary Resignation. Where there is mutual agreement to ask for volunteers, The Employer shall ask for volunteers according to the following process will apply: (a) Employees shall have five (5) work days following receipt of the notice to submit their Expression of Interest for Voluntary Resignation and Severance Payment. (b) The Employer will assess the level of interest and determine provisional acceptance, subject to operational requirements. (c) Employees shall, within fifteen (15) work days following a meeting with the Employer, indicate their decision with respect to voluntary resignation. The actual date of resignation will occur with the agreement of the Employer. Upon resignation, the employee will be entitled to the severance. (d) Where the Employer reaches its reduction target through this voluntary method, the process ceases.
Process of Voluntary Resignation. Where there is mutual agreement to ask for volunteers, the following process will apply: (a) Employees shall have five (5) work days following receipt of the notice to submit their Expression of Interest for Voluntary Resignation and Severance Payment. (b) The Employer will assess the level of interest and determine provisional acceptance, subject to operational requirements in accordance with this Memorandum. (c) Employees shall, within fifteen (15) five (5) work days following a meeting with the Employer, indicate their decision with respect to voluntary resignation. The actual date of resignation will occur with the agreement of the Employer. Upon resignation, the employee will be entitled to the severance under this Memorandum. (d) Where the Employer reaches its reduction target through this voluntary method, If all employees whose positions were declared redundant have been placed, the this process of voluntary resignation ceases. DRAFT
Process of Voluntary Resignation. Where, in a designated four month period, the conditions set out in paragraph 2 have been met, the following process will apply: (a) At approximately the beginning of the four month period, the Employer shall ask for volunteers from the same position classification title and office location as more fully set out in paragraph 3(a). The call for volunteers may later include further calls for voluntary resignation from a broader range of employees and position classification titles as also set out more fully in paragraph 3(a). (b) Employees shall have three (3) work days following receipt of the notice to submit their Expression of Interest for Voluntary Resignation and Severance Payment. (c) The Employer will assess the level of interest and determine provisional acceptance, subject to operational requirements in accordance with this Memorandum. (d) Employees shall, within two (2) work days following notification by the Employer of acceptance, indicate their decision with respect to voluntary resignation. The actual date of resignation will be determined by the Employer. Upon resignation, the employee will be entitled to the severance under this Memorandum. (e) If all employees whose positions were declared redundant in the designated four month period have been placed through this voluntary method, the process ceases.

Related to Process of Voluntary Resignation

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!