Redundancy Package. Where redeployment or retraining opportunities are not available, the separation package to be paid to redundant staff is as follows:
Redundancy Package. Period of Continuous Service Severance Pay
Redundancy Package. Standard Payment
Redundancy Package i Employees whose position is deemed redundant and are not successfully redeployed shall on termination be, in addition to any payment in lieu of notice, paid a special lump sum redundancy package in full settlement of all employment related claims calculated as follows: - Seven weeks salary for the first full year of service, or pro-rata for those with less than one full year of service. - Three weeks salary for each subsequent year of continuous service. - Plus a pro-rata payment of each completed month of service. - The maximum payment under this policy shall be 90 weeks' pay.
Redundancy Package. 21.7.1 In the event that the City of Joondalup is unable to provide a service that is effective and cost efficient in terms of participating in a competitive tendering market, the following redundancy procedures will occur. Week’s pay means the base rate of pay for the employee concerned.
Redundancy Package. 13.7.1. Where redeployment or retraining opportunities are not available, or there are no possible options to mitigate the redundancy, then the redundancy
Redundancy Package. 27.7.1 Where an employee leaves the organisation through redundancy, the following redundancy package will be paid in addition to existing leave entitlements:
27.7.2 Payment in lieu of notice - 4 weeks
27.7.2.1 Additional payment in lieu of notice (if aged 45 years and over) - 1 week.
27.7.2.2 Payment for each year of service - 3 weeks uncapped.
27.7.2.3 Where an employee has been employed with the Council for a minimum of five (5) completed years, pro rata long service leave shall be provided if the employee is not otherwise entitled to pro rata long service leave under the Local Government Long Service Leave Regulations.
27.7.3 Provided that the severance payments shall not exceed the amount which the employee would have earned if employment with the employer had proceeded to the employee’s normal retirement date.
27.7.4 Where a motor vehicle is considered a part of an employee’s salary package payment shall be made for the value of the vehicle use. The value of the motor vehicle use shall be that specified in the employee’s contract of employment. This will be divided by 52 and added to an employee’s weekly rate of pay for the purposes of determining the payment to be made pursuant to the above severance benefit(s).
Redundancy Package. An employee who is to be retrenched as a result of an office or a position being abolished shall be entitled to the following package on retrenchment:
a) Four weeks pay in lieu of notice:
(i) In addition to the above, employees over 45 years of age at the time of the giving of the notice with no less than two years continuous service, shall be entitled to an additional three weeks notice.
(ii) In addition to the above, employees over 55 years of age at the time of the giving of notice with no less than two years continuous service, shall be entitled to an additional two weeks of notice.
b) Severance pay calculated on the basis of two weeks for each completed year of service to a maximum of 48 weeks pay.
c) Lump sum payment of $5,500 (pro rata for part time employees).
d) Pro rata long service leave payable after five years of service, for redundancies.
e) A payment for the loss of motor vehicle usage as follows:
(i) Where a motor vehicle is considered part of an employee's salary package for the purpose of Part B of the parent Award, no payment shall be made. However, the value of the motor vehicle in accordance with the Salary Package Agreement shall form part of the employee's ‘rate of pay’ for the purposes of determining the payment.
f) On any time off for training, attendance at job interviews and/or specialist support, including the provision of in-house training on job search skills, for periods which, in aggregate, do not exceed 13 days or the provision of out placement services upon termination to a value not exceeding $2,000.
Redundancy Package. The following entitlements relates only to Employees located in Victoria who were previously covered by the GasNet Enterprise Agreement 2005 and employed prior to 31 December 2008. • Severance payment of three weeks pay for every year of service. • Notice period. • Accrued annual leave payment. • Accrued long service leave payment. • Special provision in lieu of long service leave accrued (where applicable). • Payment in lieu of time owing (where applicable). • Superannuation.
Redundancy Package. Employees who obtain a redundancy package will receive a separation payment as follows:
