Common use of Redundancy Pay Clause in Contracts

Redundancy Pay. A redundant employee other than a casual employee (as defined) will receive redundancy/severance payments, calculated as follows, in respect of all continuous service (as defined by this Agreement) with the company Less than one year 1.75 hours per completed week of service up to a maximum of 2.4 weeks 1 year or more but less than 2 years 2.4 weeks pay plus for all service in express of 1 year, 1.75 hours pay per completed week of service up to a maximum of 4.8 weeks 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 weeks pay. 3 years or more than 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 weeks pay 4 years or more 8 weeks pay

Appears in 12 contracts

Samples: Employee Collective Agreement, Employee Collective Agreement, Employee Collective Agreement

AutoNDA by SimpleDocs

Redundancy Pay. A redundant employee other than a casual employee (as defined) will receive redundancy/severance payments, calculated as follows, in respect of all continuous service (as defined by this Agreement) with the company Less than one year 1.75 hours per completed week of service up to a maximum of 2.4 weeks enterprise. 1 year or more but less than 2 years 2.4 weeks week’s pay plus plus, for all service in express excess of 1 year, 1.75 hours pay per completed week of service up to a maximum of 4.8 weeks week’s pay 2 years or more but less than 3 years 4.8 weeks week’s 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 weeks pay. week’s pay 3 years or more than but less than 4 years 7 weeks week’s 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 weeks week’s pay 4 years or more 8 weeks payweek’s 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.

Appears in 5 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

Redundancy Pay. A redundant employee other than a casual employee (as defined) will shall receive redundancy/severance payments, redundancy payments in respect of continuous periods of service to the air conditioning and mechanical services industry. The redundancy payments are calculated as follows, in respect of all continuous service (as defined by this Agreement) with the company : Less than one year 1.75 hours pay per completed week of service up to a maximum of 2.4 weeks 1 year or more but less than 2 years 2.4 weeks pay plus plus, for all service in express excess of 1 year, year:- 1.75 hours pay per completed week of service up to a maximum of 4.8 weeks pay 2 years or more but less than 3 years 4.8 weeks pay plus, for all service in excess of 2 years, years:- 1.6 hours pay per completed week of service up to a maximum of 7 weeks pay. pay 3 years or more than but less than up to 4 years 7 weeks pay plus, for all service in excess of 3 years, years:- 0.73 hours pay per completed week of service up to a maximum of 8 weeks pay 4 years or more 8 weeks paypay plus, for all service in excess of 4 years up to a maximum of 10 years:- 1 weeks pay per completed year of service.

Appears in 2 contracts

Samples: Enterprise Agreement, Collective Agreement

Redundancy Pay. A redundant employee other than a casual employee (as defined) will shall receive redundancy/severance payments, calculated as follows, in respect of all continuous service (as defined by this Agreement) with his/her employer provided that any service prior to 25 September 1990 shall not be counted as service unless the company Less than one year 1.75 hours per completed week of service up to a maximum of 2.4 weeks employee is made redundant by the employer. 1 year or more but less than 2 years 2.4 weeks pay plus plus, for all service in express excess of 1 year, 1.75 year1.75 hours pay per completed week of service up to a maximum of 4.8 weeks pay 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 weeks pay. 3 years or more than 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 weeks pay pay. 4 years or more 8 weeks paypay Provided that an employee employed for less than twelve (12) months shall 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.

Appears in 2 contracts

Samples: Collective Agreement, Fire Protection Collective Agreement

Redundancy Pay. A redundant employee other than a casual employee (as defined) will receive redundancy/severance payments, calculated as follows, in respect of all continuous service (as defined by this Agreement) with the company Less than one year 1.75 hours per completed week of service up to a maximum of 2.4 weeks Enterprise. 1 year or more but less than 2 years 2.4 weeks week’s pay plus plus, for all service in express excess of 1 year, 1.75 hours pay per completed week of service up to a maximum of 4.8 weeks week’s pay 2 years or more but less than 3 years 4.8 weeks week’s 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 weeks pay. week’s pay 3 years or more than but less than 4 years 7 weeks week’s 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 weeks week’s pay 4 years or more 8 weeks payweek’s 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.

Appears in 1 contract

Samples: Enterprise Agreement

Redundancy Pay. A redundant employee other than a casual employee (as defined) will shall receive redundancy/severance payments, calculated as follows, in respect of all continuous service (as defined by this Agreement) Continuous Service with the company Less than one year 1.75 hours per completed week of service up to a maximum of 2.4 weeks employer. 1 year or more but less than 2 years 2.4 weeks weeks' pay plus for all service in express excess of 1 year, 1.75 hours per pay per completed week of service up to a maximum of 4.8 weeks pay weeks' pay. 2 years or more but less than 3 years 4.8 weeks weeks' pay plus, for all service in excess of 2 years, 1.6 hours per pay per completed week of service up to a maximum of 7 weeks weeks' pay. 3 years or more than but less than 4 years 7 weeks 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 weeks pay weeks' pay. 4 years or more 8 weeks weeks' pay: Provided that an employee employed for less than 12 months shall be entitled to a redundancy/ severance payment of 1.75 hours per completed week of service if, and only if redundancy is occasioned otherwise than by the employee.

Appears in 1 contract

Samples: Dredging Collective Agreement

Redundancy Pay. A redundant employee other than a casual hourly hire employee (as defined) will receive redundancy/severance payments, calculated as follows, in respect of all continuous service (as defined by this Agreement) with the company Less than one year 1.75 hours per completed week of service up to a maximum of 2.4 weeks 1 year or more but less than 2 years 2.4 weeks pay plus for all service in express of 1 year, 1.75 hours pay per completed week of service up to a maximum of 4.8 weeks 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 weeks pay. 3 years or more than 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 weeks pay 4 years or more 8 weeks pay

Appears in 1 contract

Samples: Enterprise Bargaining Agreement

AutoNDA by SimpleDocs

Redundancy Pay. A redundant employee other than a casual employee (as defined) will receive redundancy/severance payments, calculated as follows, in respect of all continuous service (as defined by this Agreement) with the company Less than one year 1.75 hours per completed week of service up to a maximum of 2.4 weeks 1 year or more but less than 2 years 2.4 weeks pay plus for all service in express of 1 year, 1.75 hours pay per completed week of service up to a maximum of 4.8 weeks 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 weeks pay. 3 years or more than 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 weeks pay 4 years or more 8 weeks pay

Appears in 1 contract

Samples: Union Collective Agreement

Redundancy Pay. A redundant employee other than a casual employee (as defined) will receive redundancy/severance payments, calculated as follows, in respect of all continuous service (as defined by this Agreement) with the company Less than one year 1.75 hours per completed week of service up to a maximum of 2.4 weeks 1 year or more but less than 2 years 2.4 weeks pay plus for all service in express of 1 year, 1.75 hours pay per completed week of service up to a maximum of 4.8 weeks 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 weeks pay. 3 years or more than 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 weeks pay 4 years or more 8 weeks pay

Appears in 1 contract

Samples: Collective Agreement

Redundancy Pay. A redundant employee other than a casual employee (as defined) will receive redundancy/severance payments, calculated as follows, in respect of all continuous service (as defined by this Agreement) with the company Less than one year 1.75 hours per completed week enterprise. Period of continuous service up to a maximum of 2.4 weeks with the enterprise Redundancy/severance pay 1 year or more but less than 2 years 2.4 weeks week’s pay plus plus, for all service in express excess of 1 year, 1.75 hours pay per completed week of service up to a maximum of 4.8 weeks week’s pay 2 years or more but less than 3 years 4.8 weeks week’s 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 weeks pay. week’s pay 3 years or more than but less than 4 years 7 weeks week’s 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 weeks week’s pay 4 years or more 8 weeks payweek’s 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.

Appears in 1 contract

Samples: Collective Agreement

Redundancy Pay. A redundant employee other than a casual employee (as defined) will shall receive redundancy/severance payments, redundancy payments in respect of continuous periods of service to the air conditioning and mechanical services industry. The redundancy payments are calculated as follows, in respect of all continuous service (as defined by this Agreement) with the company : Less than one year 1.75 hours pay per completed week of service up to a maximum of 2.4 weeks 1 year or more but less than 2 years 2.4 weeks pay plus for all service in express of 1 year, 1.75 hours pay per completed week of service up to a maximum of 4.8 weeks 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 1 year:- 1.75 hours pay per completed week of service up to a maximum of 7 weeks pay. pay 3 years or more than but less than up to 4 years 7 weeks pay plus, for all service in excess of 3 years, years:- 0.73 hours pay per completed week of service up to a maximum of 8 weeks pay 4 years year or more 8 weeks paypay plus, for all service in excess of 4 years up to a maximum of 10 years (max of 14 weeks) 1 weeks pay per completed year of service

Appears in 1 contract

Samples: Collective Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!