Common use of Redundancy Pay Clause in Contracts

Redundancy Pay. 12.3.1 In addition to the period of notice prescribed for ordinary termination, an employee whose employment is terminated by reason of redundancy, shall be entitled to the following amount of redundancy pay in respect of a continuous period of service: At completion of one year 4 week’s pay At completion of two years 6 week’s pay At completion of three years 7 week’s pay At completion of four years 8 week’s pay

Redundancy Pay. 12.3.1 In addition to the period of notice prescribed for ordinary termination, an An employee whose employment is terminated by reason of redundancy, for reasons set out in 3.2.1 shall be entitled to four week's pay for each year of completed service or part thereof (for completed months). Provided that permanent part time staff will be paid on a pro rata basis on the following amount number of redundancy pay in respect hours worked each week compared to the total number of a continuous period of service: At completion of one year 4 week’s pay At completion of two years 6 week’s pay At completion of three years 7 week’s pay At completion of four years 8 week’s payweekly ordinary hours for permanent employees.

Redundancy Pay. 12.3.1 In addition to the period of notice prescribed for ordinary termination, an employee whose employment is terminated by reason at the initiative of redundancy, shall be the Synod under clause 16 is entitled to the following amount of redundancy pay in respect of a each completed year of their continuous period of service: At completion 5 completed years 10 weeks More than 5 completed years 2 weeks per completed year of one year 4 week’s service up to a maximum of 26 weeks **Weeks’ pay At completion of two years 6 week’s pay At completion of three years 7 week’s pay At completion of four years 8 week’s paymeans the ordinary time rate for the employee concerned.

Redundancy Pay. 12.3.1 1.18.1 In addition to the period of notice prescribed for ordinary termination, an employee whose employment is terminated by reason of redundancy, shall be entitled to the following amount of redundancy pay in respect of a continuous period of service: At completion of one year 4 week’s pay At completion of two years 6 week’s pay At completion of three years 7 week’s pay At completion of four years 8 week’s pay

Redundancy Pay. 12.3.1 In addition to the period of notice prescribed for ordinary terminationAn Employee, an employee whose employment is terminated by reason of redundancy, shall be is entitled to the following amount payments: a) Notice payment of 4 weeks ordinary pay, or 5 weeks if the employee is older than 45yrs b) Severance payment of 4 weeks ordinary pay c) A redundancy payment of 3 weeks ordinary pay for each year of service to a maximum of 52 weeks payment. A week's ordinary pay is as defined in respect of a continuous period of service: At completion of one year 4 week’s pay At completion of two years 6 week’s pay At completion of three years 7 week’s pay At completion of four years 8 week’s pay4.2.1.