Common use of Redundancy benefit Clause in Contracts

Redundancy benefit. 12.3.1 Subject to the terms of this clause, employees terminated by reason of redundancy will be paid a redundancy benefit on termination of 4 weeks pay per year of continuous service (pro-rata for part years) provided that:

Redundancy benefit. 12.3.1 Subject to the terms of this clause, employees terminated terminating by reason of redundancy will be paid a redundancy benefit on termination of 4 weeks pay per year of continuous service (pro-rata for part years) provided that: the minimum benefit is 8 weeks the maximum benefit is 104 weeks The above minimum and maximum redundancy benefits do not include any notice due or paid under 32.3 above. These redundancy arrangements will come into effect from the date of ratification of this agreement, subject to the following conditions:

Redundancy benefit. 12.3.1 Subject to the terms of this clause, employees terminated terminating by reason of redundancy will be paid a redundancy benefit on termination of 4 weeks pay per year of continuous service (pro-rata for part years) provided that: • the minimum benefit is 8 weeks • the maximum benefit is 104 weeks The above minimum and maximum redundancy benefits do not include any notice due or paid under 3 above. These redundancy arrangements will come into effect from the 14th December 2001, subject to the following conditions:

Redundancy benefit. 12.3.1 Subject to the terms of this clause, employees terminated terminating by reason of redundancy will be paid a redundancy benefit on termination of 4 weeks weeks' pay per year of continuous service (pro-pro rata for part years) ), provided that: the minimum benefit is 8 weeks the maximum benefit is 104 weeks The above minimum and maximum redundancy benefits do not include any notice due or paid under subclause 3. above. These redundancy arrangements will come into effect from the date of ratification of this agreement, subject to the following conditions: