Common use of Redundancy Compensation Clause in Contracts

Redundancy Compensation. For the purposes of these provisions, ordinary pay is defined as basic taxable salary, plus regular taxable allowances paid on a continuous basis which either attract overtime or penal payments or are paid on an hourly basis for all hours worked, plus penal payments (T1/4 T1/2, T1, and T2) or allowances in lieu thereof for those employees working shift hours of work. Except in the case of employees on parental leave where ordinary pay shall be the ordinary pay at the time of taking leave.

Redundancy Compensation. 10.12.1 For the purposes of these provisions, provisions ordinary pay is defined as basic taxable salary, plus regular taxable allowances paid on a continuous basis which either attract overtime or penal payments or are paid on an hourly basis for all hours worked, plus penal payments (T1/4 T1/2, T1, T1.5 and T2) or allowances in lieu thereof for those employees working shift hours of work. Except in the case of employees on parental leave where ordinary pay shall be the ordinary pay at the time of taking leave).