Redundancy Entitlement. The Company will pay the following redundancy contributions in accordance with clause 10.4 of this Agreement: For Permanent full-time and part-time Employees Weekly Amount For Casual Employees only per day to a maximum of 5 days in a given week Monday to Sunday From 1 March 2023 $150 $30 From 1 July 2024 $160 $32 From 1 July 2025 $170 $34 From 1 July 2026 $180 $36 From 1 July 2027 $190 $38 Superannuation Entitlement The Company will contribute the SGL + 2.5% up to a maximum of 14.5% into Cbus and in accordance with clause 10.5 of this Agreement.
Redundancy Entitlement. The Company will contribute $60.00 per week per Employee into the Australian Construction Industry Redundancy Trust (ACIRT). This contribution will increase to $68.00 from 1 January 2007. Once an Employee has accrued 8 weeks pay in their ACIRT account they may elect to have their redundancy contribution paid into Cbus.
Redundancy Entitlement. In lieu of the Redundancy contributions in Appendix C1, for Crane Crew, the Company will pay the following redundancy contributions in accordance with clause 10.4 of this Agreement: For permanent full-time and part-time Employees weekly amount Casual daily rate to a maximum of 5 days in a given week Monday to Sunday 1 March 2023 $193.90 $38.80 1 July 24 $207.47 $41.49 1 July 25 $217.85 $43.57 1 July 26 $228.74 $45.75 1 July 27 $240.18 $48.04 Once an Employee has accrued 8 weeks pay in their account, they may elect to have their redundancy contribution paid into Cbus. Rostered Days Off Unused RDO’s, other than the six (6) banked, shall be paid out by 31 December of each calendar year. Yard Employees -crane crew/s temporarily performing general maintenance work in the yard The rate of pay for crane crew/s temporarily performing general maintenance work in the yard shall be the CW3 NT classification rate of pay in Appendix B of this Agreement. Where Employee/s perform the duties of a Tower Crane Crew in the yard they shall be paid the rates of pay and conditions of the CW7 classification in this Agreement.
Redundancy Entitlement. There shall be no forced redundancies for the life of this agreement. Should a Council offer a redundancy package for consideration by an employee or group of employees, such package shall comprise a minimum of: • 1 weeks notice of termination per completed year of service to a maximum of 4 weeks or payment (total average weekly wage) in lieu thereof and • 1 weeks of total average weekly wage as severance payment for each completed year of service with the Council to a maximum of 12 weeks. • For employees over 45 years of age an additional 4 weeks severance pay The total amount of notice of termination or payment in lieu and severance payment should not exceed 20 weeks.
Redundancy Entitlement. Where the Employer decides to terminate an Employee’s employment because the Employer has made the Employee’s position redundant then, as well as notice or payment in place of notice, the Employer will pay the Employee a severance payment according to the following table: Employee’s period of continuous service with the employer on termination Redundancy pay period At least 1 year but less than 2 years 4 weeks At least 2 years but less than 3 years 6 weeks At least 3 years but less than 4 years 7 weeks At least 4 years but less than 5 years 8 weeks At least 5 years but less than 6 years 10 weeks At least 6 years but less than 7 years 11 weeks At least 7 years but less than 8 years 13 weeks At least 8 years but less than 9 years 14 weeks At least 9 years but less than 10 years 16 weeks At least 10 years 12 weeks
Redundancy Entitlement. (Severance Pay) In case of redundancy the following will apply:
Redundancy Entitlement. (a) If MTA decides to terminate the employment of a full-time or part-time Employee due to the position becoming redundant, MTA will meet with the affected Employee to discuss the following:
Redundancy Entitlement. 28.5.1 Redundancies will apply to full time and part time Employees only. A ‘Fixed term employee’ engaged on either a full time or part time basis shall not be entitled to any form of retrenchment or redundancy payment.
Redundancy Entitlement. For employees engaged on minor works, the Employer will contribute $75.00 per week (or $35.00 per week for trainees) to ACIRT. For employees engaged on major project works, the Employer will contribute $150.00 per week to ACIRT. Once an employee has accrued eight (8) weeks’ pay in their ACIRT account, they may elect to have their redundancy contribution paid into CBUS. The provisions of Sections 121 and 123 (1), (2), (4) (a) and 4 (d) of the Fair Work Act 2009 (Cth) will apply in relation to the obligation to pay redundancy pay. The failure of the employee to provide notice shall be treated in accordance with the Modern Award.
Redundancy Entitlement. For the purpose of this clause redundancy or redundant means the termination or cessation of employment of an Employee other than casuals for any reason. The Company agrees to make redundancy contributions in respect of Employees covered by this agreement to the ACIRT Redundancy Trust (Fund) or other scheme (Scheme) as agreed between the signatories to this agreement. The weekly contribution rate shall be the amount as specified in Appendices B, C, H or I as appropriate. The Employee will be entitled to a Redundancy benefit for each week of service with the Company being the greatest of the following amounts:
