Common use of Redundancy benefit Clause in Contracts

Redundancy benefit. Where the provisions of this clause provide for less than the National Employment Standards (NES), the NES will prevail. (i) An excess employee who agrees to be voluntarily retrenched (including with an early separation offer) and whose employment is terminated by the delegate under s.29 of the Public Service Act 1999 on the grounds they are excess to requirements is entitled to be paid a sum equal to two weeks' salary for each completed year of continuous service, plus a pro rata payment for completed months of service since the last completed year of service, subject to any minimum amount the employee is entitled to under the NES. (ii) The minimum sum payable will be 4 weeks salary and the maximum will be 48 weeks salary. (iii) The redundancy benefit will be calculated on a pro-rata basis for any period where an employee has worked part-time hours during their period of service and the employee has less than 24 years full-time service. (iv) For the purpose of calculating payment, salary will include: the employee’s salary; the salary including higher duties, where the employee has been receiving higher duties allowance for a continuous period of at least 12 months immediately preceding the date on which the employee is given notice of termination of employment other allowances in the nature of salary which are paid during periods of annual leave and on a regular basis, excluding allowances which are a reimbursement for expenses incurred, or a payment for disabilities associated with the performance of duty.

Redundancy benefit. Where the provisions of this clause provide for less than the National Employment Standards (NES), the NES will prevail. (i) An excess employee who agrees to be voluntarily retrenched (including with an early separation offer) and whose employment is terminated by the delegate under s.29 of the Public Service Act 1999 on the grounds they are excess to requirements is entitled to be paid a sum equal to two weeks' salary for each completed year of continuous service, plus a pro rata payment for completed months of service since the last completed year of service, subject to any minimum amount the employee is entitled to under the NES. (ii) The minimum sum payable will be 4 weeks salary and the maximum will be 48 weeks salary. (iii) The redundancy benefit will be calculated on a pro-rata basis for any period where an employee has worked part-time hours during their period of service and the employee has less than 24 years full-time service. (iv) For the purpose of calculating payment, salary will include: : a. the employee’s salary; ; b. the salary including higher duties, where the employee has been receiving higher duties allowance for a continuous period of at least 12 months immediately preceding the date on which the employee is given notice of termination of employment employment c. other allowances in the nature of salary which are paid during periods of annual leave and on a regular basis, excluding allowances which are a reimbursement for expenses incurred, or a payment for disabilities associated with the performance of duty.

Redundancy benefit. Where the provisions of this clause provide for less than the National Employment Standards (NES), the NES will prevail. (i) An excess employee who agrees to be voluntarily retrenched (including with an early separation offer) and whose employment is terminated by the delegate under s.29 of the Public Service Act 1999 Xxx 0000 on the grounds they are excess to requirements is entitled to be paid a sum equal to two weeks' salary for each completed year of continuous service, plus a pro rata payment for completed months of service since the last completed year of service, subject to any minimum amount the employee is entitled to under the NES. (ii) The minimum sum payable will be 4 weeks week‟s salary and the maximum will be 48 weeks week‟s salary. (iii) The redundancy benefit will be calculated on a pro-rata basis for any period where an employee has worked part-time hours during their period of service and the employee has less than 24 years full-time service. (iv) For the purpose of calculating payment, salary will include: : a. the employee’s employee‟s salary; ; b. the salary including higher duties, where the employee has been receiving higher duties allowance for a continuous period of at least 12 months immediately preceding the date on which the employee is given notice of termination of employment employment c. other allowances in the nature of salary which are paid during periods of annual leave and on a regular basis, excluding allowances which are a reimbursement for expenses incurred, or a payment for disabilities associated with the performance of duty.