Common use of Redundancy Pay Clause in Contracts

Redundancy Pay. (a) 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, subject to the operation of clause 19.5(d): 1 year 4 weeks’ pay 2 years 6 weeks’ pay 3 years 7 weeks’ pay 4 years 8 weeks’ pay 5 years 10 weeks’ pay 6 years 11 weeks’ pay 7 years 13 weeks’ pay 8 years 14 weeks’ pay 9 years 16 weeks’ pay 10 years and over 12 weeks’ pay (b) Provided that where an Employee who is terminated receives a benefit from a severance pay scheme, he or she shall only receive the difference between the redundancy pay specified above and the amount of the severance benefit he or she receives which is attributable to the Employer’s contributions. If the severance benefit is greater than the amount under clause 19.5(a) hereof then the Employee shall receive no payment under that subclause. (c) Week’s pay means the gross weekly ordinary all purpose rate of pay, as defined, at the date of termination. (d) Provided that an Employee shall be entitled to a pro rata payment at the base rate of pay for any period of continuous service which is less than a year.

Redundancy Pay. (a) In addition to the period of notice prescribed for ordinary termination, an Employee 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, subject to the operation of clause 19.5(d): 1 year 4 weeks’ pay 2 years 6 weeks’ pay 3 years 7 weeks’ pay 4 years 8 weeks’ pay 5 years 10 weeks’ pay 6 years 11 weeks’ pay 7 years 13 weeks’ pay 8 years 14 weeks’ pay 9 years 16 weeks’ pay 10 years and over 12 weeks’ pay (b) Provided that where an Employee employee who is terminated receives a benefit from a severance pay scheme, he or she shall only receive the difference between the redundancy pay specified above and the amount of the severance benefit he or she receives which is attributable to the Employer’s contributions. If the severance benefit is greater than the amount under clause 19.5(a) hereof then the Employee he or she shall receive no payment under that subclause. (c) Week’s pay means the gross weekly ordinary all purpose rate of pay, as defined, at the date of termination. (d) Provided that an Employee employee shall be entitled to a pro rata payment at the base rate of pay for any period of continuous service which is less than a full year at any of the year levels referred to above. For clarity, this includes for service less than a year.

Redundancy Pay. (a) 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, subject to the operation of clause 19.5(d): 1 year 4 weeks’ pay 2 years 6 weeks’ pay 3 years 7 weeks’ pay 4 years 8 weeks’ pay 5 years 10 weeks’ pay 6 years 11 weeks’ pay 7 years 13 weeks’ pay 8 years 14 weeks’ pay 9 years 16 weeks’ pay 10 years and over 12 weeks’ pay (b) Provided that where an Employee who is terminated receives a benefit from a severance pay scheme, he or she shall only receive the difference between the redundancy pay specified above and the amount of the severance benefit he or she receives which is attributable to the Employer’s contributions. If the severance benefit is greater than the amount under clause 19.5(a) hereof then the Employee shall receive no payment under that subclause. (c) Week’s pay means the gross weekly ordinary all purpose rate of pay, as defined, at the date of termination. (d) Provided that an Employee shall be entitled to a pro rata payment at the base rate of pay for any period of continuous service which is less than a full year at any of the year levels referred to above. For clarity, this includes for service less than a year.

Redundancy Pay. (a) 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, subject to the operation of clause 19.5(d14.5(d): 1 year 4 weeks’ pay 2 years 6 weeks’ pay 3 years 7 weeks’ pay 4 years 8 weeks’ pay 5 years 10 weeks’ pay 6 years 11 weeks’ pay 7 years 13 weeks’ pay 8 years 14 weeks’ pay 9 years 16 weeks’ pay 10 years and over 12 weeks’ pay (b) Provided that where an Employee who is terminated receives a benefit from a severance pay scheme, he or she shall only receive the difference between the redundancy pay specified above and the amount of the severance benefit he or she receives which is attributable to the Employer’s contributions. If the severance benefit is greater than the amount under clause 19.5(a14.5(a) hereof then the Employee shall receive no payment under that subclause. (c) Week’s pay means the gross weekly ordinary all all-purpose rate of pay, as defined, at the date of termination. (d) Provided that an Employee shall be entitled to a pro rata payment at the base rate of pay for any period of continuous service which is less than a year.