Redundancy Fund Sample Clauses

Redundancy Fund. (a) The Enterprise shall make payments to Incolink or another approved fund for each employee when they are on-site. The amount paid shall be that which is provided for in the Trust Deed of the Fund.
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Redundancy Fund. The Company at its discretion may elect to utilise a redundancy fund as provided for in clause 17.4 of the Building and Construction On Site Award 2010
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Redundancy Fund. Where the employer has enrolled an employee into a redundancy scheme, then for the purpose of determining the entitlement of the employee, the employer shall firstly calculate the employees’ entitlement in accordance with this clause, and deduct an amount equal to the total contribution paid into the scheme on behalf of the employee. Any employee under termination notice is to immediately instruct IncoLink to notify his employer of the net amount in their IncoLink account so as to allow the employer to facilitate the employee’s redundancy payment in accordance with this agreement.
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Redundancy Fund. 15.2.1 The Company will make contributions on behalf of each employee into an approved Redundancy Fund such as ACIRT, MERT or NEST. The Fund will be agreed by consultation between the Company and the employees.
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Redundancy Fund. 28.13.1 The company will contribute into Incolink No.1 Fund for all employees covered by this agreement. The employee will be enrolled in the fund and be entitled to redundancy benefits in accordance with its terms.
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Redundancy Fund. 27.1 The Employer will contribute to a redundancy fund for all Employees except 1st and 2nd year apprentices. For rates please refer to sub-clause 26.7.
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Redundancy Fund. (a) The Company shall be a participating employer in the relevant Regional redundancy fund. All Employees will be enrolled in the relevant fund and will be entitled to redundancy payments in accordance with the relevant Regional Appendix.
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Related to Redundancy Fund

  • Redundancy Payments (a) All Employees, inclusive of casuals, are entitled to redundancy benefits through payments made by the Employer to Redundancy Fund ("the Redundancy Fund payment") by the Company on their behalf. All contributions paid in accordance with the provisions of this clause will be paid on a monthly basis.

  • Redundancy Pay 22.9 A redundant employee will receive redundancy/severance payments, calculated as follows, in respect of all continuous service (as defined by this Agreement) with the employer. Period of continuous service with the employer Redundancy/severance pay 1 year or more but less than 2 years 2.4 weeks’ pay plus, for all service in excess of 1 year, 1.75 hours pay per completed week of service up to a maximum of 4.8 week’s pay 2 years or more but less than 3 years 4.8 weeks’ pay plus, for all service in excess of 2 years, 1.6 hours pay per completed week of service up to a maximum of 7 week’s pay 3 years or more but less than 4 years 7 weeks’ pay plus, for all service in excess of 3 years, 0.73 hours pay per completed week of service up to a maximum of 8 week’s pay 4 years or more 8 weeks’ pay Provided that an employee employed for less than twelve months will be entitled to a redundancy/severance payment of 1.75 hours per week of service if, and only if, redundancy is occasioned otherwise than by the employee.

  • Redundancy The company is, and will remain during the life of this Agreement, a participating employer in the Redundancy Payment Central Fund Ltd (Incolink) and all employees will be enrolled in the Fund and be entitled to redundancy benefits in accordance with the terms of the Deed. The company shall pay contributions on behalf of each employee into the Incolink Number 1 Fund on a weekly basis, as per the Trust Deed.

  • COMMUTE TRIP REDUCTION AND PARKING 24.1 The Employer will continue to encourage but not require employees to use alternate means of transportation to commute to and from work consistent with the Commute Trip Reduction (CTR) law and the needs of the Employer and the community.

  • Compensation and Billing 4.1 If you are not an embedded retail generator, you agree that, subject to any applicable law:

  • Vacation and Sick Leave Administration (a) for the purposes of administration of clauses 34.11 and 34.12, where an employee does not work the same number of hours each week, the normal workweek shall be the weekly average calculated on a monthly basis.

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