REDUNDANCY ENTITLEMENTS. (a) Each month, the Employer will pay $80.00 per week (pro-rata for part time) to each Employee, for each week of service which that Employee completed on the Project, into an Approved Worker Entitlement Fund such as:
REDUNDANCY ENTITLEMENTS. Redundancy provision payments will be made in accordance with the NSW Government’s Managing Excess Employees Policy or its replacement should a new policy be determined.
REDUNDANCY ENTITLEMENTS. 15.1 Redundancy or redundant means the termination or cessation of employment of an Employee for any reason. In respect of redundancy benefits:
REDUNDANCY ENTITLEMENTS. Entitlement Qualifying Period 2 weeks pay per year of service Up to 5 Years permanent service 3 weeks pay per year of service Exceeding 5 years permanent service 4 weeks extra pay to any employee over the age of 45. Maximum entitlement - 52 weeks pay. Notice periods are as per the award.
REDUNDANCY ENTITLEMENTS. • An employee who is made redundant will receive 4 weeks severance pay for each year of completed, continuous service. - A maximum payment of 50 weeks will be received if less than 45 years of age. - A maximum payment of 60 weeks will be received if greater than 45 years of age. PLUS: In addition to the above payments, either one of the following payments will be applicable:- • An employee who is 50 years of age or over at the time of retrenchment will receive an additional 1 week pay for each complete year of service over the age of 50. OR • An employee who has completed 12.5 years continuous service will receive an additional 1 week pay for each complete year from 12.5 years. - The employee will receive whichever payment is greater and is not entitled to both.
REDUNDANCY ENTITLEMENTS. (6) An employee is entitled to the following redundancy pay, subject to any minimum amount the employee is entitled to under the NES:
REDUNDANCY ENTITLEMENTS. 23.1 In the event that one or more positions are no longer required by Shell Logistics and no suitable alternative or equivalent position can be found for one or more of the employees who filled the former position or positions, all or some of those employees may be retrenched.
REDUNDANCY ENTITLEMENTS. Teachers This Agreement provides more favourable entitlements than the NES relating to notice, consultation, and redundancy pay in the event of redundancies – see clause 28 of this Agreement. 8.9
REDUNDANCY ENTITLEMENTS. (a) 3.5 weeks per year of service will be payable at all sites, plus pro rata for less than full years.
REDUNDANCY ENTITLEMENTS. (a) In the event of unforeseen circumstances that require a reduction in the labour force, an example being a loss of a contract, then K&S will provide outgoing staff with the following entitlements, that do not include notice periods.